Market News
05 Dec
2013
Singapore’s ‘popiah king’ acquires prime land in KL
Singapore-listed GSH Corp Ltd, which is majority owned by Singapore’s “popiah king” Sam Gooi, is acquiring a 2,431 sq ft tract of prime land in Jalan Kia Peng, Kuala Lumpur, for RM132.4 million or RM2,121 per sq ft.
29 Nov
2013
Penang Worldcity records 85% take-up rate for its first four towers
PETALING JAYA: Four out of six towers in the first phase of Tropicana Corp Bhd’s joint venture project with Ivory Properties Group Bhd, Penang Worldcity in Penang have sold 85% since the preview in Febuary.
13 Nov
2013
Five bidders for Pudu Jail site project
File picture shows the Pudu Jail site. Ahmad declined to name the bidders. The site has received tremendous attention not only due to its strategic location, but also the sentiments of the historical site.
08 Nov
2013
Fuelling Cyberjaya's growth
LOCATED next to the federal administrative capital of Putrajaya, Cyberjaya is fast becoming the destination of choice for multi-national companies (MNCs), corporate entities and property developers, who foresee the business potential the township has to offer.
31 Oct
2013
Stronger demand for commercial property in 2014
KUALA LUMPUR: Property consultant Knight Frank is forecasting stronger investor demand for prime offices globally in 2014, driving further capital growth in these cities
30 Oct
2013
CMMT calls off talks over purchase of Tropicana City Mall, office block
KUALA LUMPUR: CapitaMalls Malaysia REIT Management Sdn Bhd is not going ahead with talks to purchase theTropicana City Mall and office tower in Petaling Jaya from Tropicana Corporation Bhd.
28 Oct
2013
City & Country: Cover Story: A new landmark for Damansara Heights
AFTER many years on the drawing board, GuocoLand (Malaysia) Bhd’s multi-billion-ringgit flagship project Damansara City is finally ready to be introduced to the market.
10 Oct
2013
MDEC eyes Silicon Valley
KUALA LUMPUR: The Multimedia Development Corporation (MDEC) has requested to open an office in the Silicon Valley, says chief executive officer Datuk Badlisham Ghazali.
09 Oct
2013
Glomac associate selling office building in Australia for RM132.4m
KUALA LUMPUR: Glomac Bhd’s associate is selling its office building in Melbourne, Australia for A$43.80mil (RM132.46mil) as it seeks to focus on the Malaysian real estate market
07 Oct
2013
City & Country: Gamuda shifts focus back to Klang Valley
IT has been more than a year since City & Country sat down with Chow Chee Wah, managing director of Gamuda Land Bhd. For the last two years, the developer has focused its attention on Vietnam.