Market News
21 Apr
2011
Occupancy of purpose-built office sub-sector moderates
Occupancy rate for purpose-built office sub-sector moderated to record 84.1% during the year compared with 85.2% in 2009.
21 Apr
2011
Tradewinds project to change KL skyline
A New "multi-billion ringgit" development on a plot of land where the Crowne Plaza and Kompleks Antarabangsa now sit is expected to be completed in 2016, according to an architect's website.
11 Apr
2011
Tradewinds seeks partners for mixed development project
Tradewinds Corp Bhd (TCB), which plans to demolish the Crowne Plaza Mutiara Hotel and Kompleks Antarabangsa, to make way for a "multi-billion-ringgit" mixed commercial development, is in talks with several local and foreign parties to help finance the project.
07 Apr
2011
Korean Investments In Malaysia To Increase By More Than RM5 Billion Within Next Three Years, Says Najib
South Korean investments in Malaysia are expected to increase by more than RM5 billion within the next three years, Prime Minister Datuk Seri Najib Tun Razak said.
01 Apr
2011
Sunway REIT plans major Putra Place renovation
Sunway Real Estate Investment Trust (Sunway REIT) has bought The Putra Place in a public auction for RM513.95 million.
31 Mar
2011
Putra Place finally sold for RM514m
The Putra Place in Kuala Lumpur has finally been sold to OSK Trustee Bhd for RM513.95 million, some three years after the property was first put up for auction.
30 Mar
2011
Push for more industrial parks
Timely for developers to focus on this area
18 Mar
2011
A Glimpse into the Development of Green Buildings
It is good news for the environment if more developers in Malaysia are jumping on the green bandwagon.
11 Mar
2011
Firms in Malaysia still in hiring mode
DESPITE a shaky global economy and manpower cuts in other countries, companies in Malaysia are on a hiring mode to expand.
07 Mar
2011
Germany-based TMW to Sell 3 Malls in Malaysia
TMW Asia Property Fund, which is based in Germany, is selling three of its shopping complexes in Malaysia which it purchased in 2005 for an estimated RM500 million.