Market News
24 Jun
2013
SDB's The Hub@SS2 designed for work-life balance
SELANGOR Dredging Bhd (SDB) unveiled its first commercial office property in the Klang Valley, The Hub@SS2 in Petaling Jaya, on June 22. Situated not far from its Ameera condominium development, this modern building will feature 13 units of four-storey retail offices and a 44-storey office tower with 276 Signature Suites. It has a gross development value (GDV) of RM337 million.
13 Jun
2013
Nomad Group to open new offices in Klang Valley
KUALA LUMPUR: The Nomad Group Bhd, an integrated provider of serviced offices, hotels and serviced residences, is looking for potential office space around the Klang Valley to open more new serviced offices in Kuala Lumpur and Selangor, says General Manager Cheng Shea Li.
20 May
2013
Office demand in Asia-Pacific to grow in 2013
KUALA LUMPUR: Asia’s economic growth will raise demand for office space in 2013.
According to Nicholas Holt, Knight Frank head of research Asia-Pacific, a stronger regionally connected Chinese economy and the effects from Japan’s stimulus measures are likely to boost activity across the region with domestic occupiers leading demand for prime office space.
08 Mar
2013
Abu Dhabi Sovereign Fund May Invest Significantly in Malaysia’s Tun Razak Exchange
Aabar Investments PJSC, the Abu Dhabi-based sovereign fund, could be making a significant investment in Malaysia'sTun Razak Exchange (TRX), the ambitious multi-billion-ringgit property development project by 1Malaysia Development Bhd (1MDB), reliable sources told StarBiz.
08 Mar
2013
Bangsar building comprising luxury serviced suites and hotel to be ready within 4 years
Local property fledgling Keystone Land Developments Sdn Bhd says there will be a new building of luxury serviced suites and hotel rooms in Bangsar via partnership with Singapore-based Alila Hotels and Resorts.
05 Mar
2013
New-look Jaya Shopping Centre to open by year-end
JAYA Section Fourteen Sdn Bhd is investing RM400 million to redevelop the old Jaya Shopping Centre in Section 14, Petaling Jaya, into an iconic lifestyle mall.
25 Feb
2013
Jakarta office market leads region's growth
Jakarta's office market continued to lead Asia-Pacific growth last year as economic expansion boosted demand for office space.
19 Feb
2013
Prima 12 to Take Shape in Cyberjaya This Year
Prima 12, an integrated development comprising office buildings, residential area and commercial outlets, is to be built here in the third quarter of this year.
16 Feb
2013
Will PJ Sentral be as successful as KL Sentral?
As all the details of the cash and share swap deal between Malaysian Resources Corp Bhd (MRCB) and Gapurna Sdn Bhd are being digested, the focus and questions now revolve around the development of the RM11bil PJ Sentral Garden City.
08 Feb
2013
Green the Way To Go
THE green-building trend is catching on in the Malaysian property market as developers and property buyers are showing more interest in sustainable development.