Market News
27 Mar
2014
New office in the heart of KL
Fuji Xerox marked the launch of its first ever sustainability report and the opening of its new Malaysian headquarters atMenara Binjai in Kuala Lumpur’s Golden Triangle recently.
23 Mar
2014
Occupancy rate fell to 70%-80% after Petronas Twin Towers was built
EXACTLY one year after property consultancy Jones Lang Wootton (JLW) drew attention to the Klang Valley office market’s 100 million sq ft milestone, opposing views are brewing whether the numbers are as frightening as made out to be.
21 Mar
2014
Damansara project gets unusual once-over
TWO blocks of the Glomac Damansara Block development in Petaling Jaya that will be completed soon underwent their final inspection by Veritas Architects last month.
21 Mar
2014
Damansara project gets unusual once-over
Nearing completion: A rendering of the Glomac Damansara mixed development, opposite Tropicana City Mall, and adjacent to Damansara Kim, Petaling Jaya.
19 Mar
2014
Expert: Developers, owners in control of office space supply
KUALA LUMPUR: Property consultancy C H Williams Talhar & Wong said the supply of Klang Valley office space for this year may not be as daunting as earlier thought “due to control by developers and owners”.
15 Mar
2014
Magna to build twin towers
COME April, Magna Prima Bhd will take possession of its crown jewel – the 2.62 acres in Jalan Ampang, Kuala Lumpur that it bought from Lai Meng Girls’ School Association (LMGSA) four years ago.
15 Feb
2014
AIA unveils flagship agency office in Kuala Lumpur
IT WAS double happiness for AIA Bhd as the company recently celebrated the Lunar New Year and the launch of its flagship agency office in the heart of Kuala Lumpur.
15 Feb
2014
Sunway REIT sees big returns from Putra Place
PETALING JAYA: Sunway Real Estate Investment Trust (REIT) Management Bhd, the manager of Sunway REIT, expects its close to RM1bil investment in Sunway Putra Place in Kuala Lumpur to contribute positively to its income with the property’s scheduled opening next year.
08 Jan
2014
UOA to sell Bangsar South office building for RM72.54mil
PETALING JAYA: UOA Development Bhd has proposed to dispose of its 12-storey office building in Kuala Lumpur’s Bangsar South for RM72.54mil via a sell-then-lease-back arrangement.
01 Jan
2014
PJD sells KL tower for RM220mil
PETALING JAYA: PJ Development Holdings Bhd (PJD) has entered into a sale and purchase agreement with Able Starship Sdn Bhd to dispose of a 28-storey office tower in Kuala Lumpur for RM220mil cash.