Market News
10 Dec
2010
BEST RE Relocates HQ To Malaysia, Eyes US$1 Billion GWPs In Five Years
Retakaful group BEST RE, which has decided to move its headquarters to Labuan from Tunisia, is expected to rake in US$1 billion (US$1=RM3.10) in gross written premiums (GWPs) from Malaysia operations in the next five years.
09 Dec
2010
Emkay wants Cyberjaya land to build office towers
Privately-held property developer Emkay Group is on the lookout for land in Cyberjaya, Selangor, to build office towers.
09 Dec
2010
Bolton Sells Subsidiary For RM50 Million To Shapadu
Bolton Bhd is proposing to dispose its 100 per cent equity in Liam Thiam Leong Realty Sdn Bhd (LTLR) to Shapadu Resources Sdn Bhd for RM50 million.
09 Dec
2010
I-Bhd unit to build RM300m data centre
i-City, a subsidiary of listed I-Bhd, plans to build a second data centre with two towers worth RM300 million.
06 Dec
2010
Bukit Bintang’s covered walk among stars
Retail associations, real estate consultants laud plan for covered walkway in shopping district
24 Nov
2010
M'sian city apartment price 2nd lowest in region
The average price of city apartments in Malaysia is the second lowest compared with other countries in the region. In a statement here yesterday, Global Property Guide (GPG) said according to its research, only Indonesia offered city apartments that were priced lower than those in Malaysia.
17 Nov
2010
Schlumberger makes Malaysia regional hub
The launch of Schlumberger Ltd’s financial hub here yesterday is the first initiation under the Economic Transformation Programme (ETP) to attract more multinational companies to set up their regional headquarters in Malaysia, Minister in the Prime Minister’s Department Datuk Seri Idris Jala said.
15 Nov
2010
Malaysia Property Award 2010 - Glittering night for developers
It was a glittering and memorable night last Thursday when the best of the country's property developers were honoured at the Malaysia Property Award 2010.
13 Nov
2010
CapitaMalls to buy Gurney Plaza block
The manager of Capitamalls Malaysia Trust, CapitaMalls Malaysia REIT Management Sdn Bhd, proposed to acquire a retail extension block of Gurney Plaza and parking lots at the complex in Penang for RM215mil.
12 Nov
2010
Winners of the FIABCI Malaysia Property Award 2010
Bukit Kiara Properties Sdn Bhd group chairman Datuk Alan Tong Kok Mau has been crowned the “Property Man of the Year’’ at the International Real Estate Federation (FIABCI) Malaysia Property Awards 2010 Thursday night. FIABCI also awarded nine property projects and a special award for national contribution to SMART.