Market News
14 Oct
2011
KLIFD To Get Off The Ground Early Next Year
The US$8 billion (RM25.07 billion) Kuala Lumpur International Financial District (KLIFD), to be jointly developed by 1Malaysia Development Bhd (1MDB) and Abu Dhabi's Mubadala Development Corporation, will get off the ground early next year.
07 Oct
2011
Jaya One’s new addition
Only a limited number of retail, office and serviced apartment units of mixed commercial development Jaya One’s new phase in Section 13, Petaling Jaya, will be available for sale during its launch on Oct 22.
28 Sep
2011
Malaysia’s SP Setia Gets Takeover From PNB
SP Setia Bhd., Malaysia’s biggest listed developer by sales, said shareholder Permodalan Nasional Bhd. made an offer to take over the company in the country’s largest property acquisition in at least two decades.
28 Sep
2011
Sunreit takes possession of Putra Place
Sunway Real Estate Investment Trusts (Sunreit) has finally taken complete physical possession of Putra Place, six months after it winning the bid for the building at an auction.
27 Sep
2011
BRDB will sell prized assets via open tender
Bandar Raya Developments Bhd (BRDB) has ceased all negotiations to sell its prized assets to its major shareholder, Ambang Sehati Sdn Bhd, and is now opting instead to dispose of them via an open tender.
27 Sep
2011
MPHB sells Menara Multi-Purpose to MCA for RM375mil
The Menara Multi-Purpose office tower in Kuala Lumpur will be sold to the MCA for RM375mil cash.
25 Aug
2011
Invest KL Set to Attract Singapore-based MNCS And Firms to Greater Kuala Lumpur
Invest KL is set to attract Singapore-based multinational companies (MNCs) and the republic's firms to the Greater Kuala Lumpur/Klang Valley region.
06 Aug
2011
Phase 1 of KLIFD ready by 2016
The first phase of the RM26bil Kuala Lumpur International Financial District (KLIFD) is expected to be operational by 2016 to coincide with the completion of the first line of the country’s mass rapid transit (MRT) system.
03 Aug
2011
Mah Sing lands M Sentral Deal
Asie Sdn Bhd has dished out the first contract for the RM9 billion privatised urban regeneration project in Kuala Lumpur to Mah Sing Group Bhd, Malaysia's fifth largest property developer by revenue.
02 Aug
2011
Hong Kong, Singapore, Kuala Lumpur Top Three Retail Property Investment Destinations In Asia
Pacific Star Group, one of Asia's leading real estate investment houses, says commercial properties in Asia will continue to do well in the second half of 2011.