Market News
01 Mar
2017
KL Gateway Mall targets full tenancy by 3Q2017
PETALING JAYA (Feb 28): The soon-to-be-opened KL Gateway Mall (pictured), part of the KL Gateway mixed development in Bangsar South, Jalan Kerinchi, Kuala Lumpur targets to achieve 100% tenancy by 3Q2017.
21 Feb
2017
Mah Sing’s Icon City gets Cyber-centre status
New landmark: With an estimated gross development value of RM3.2bil, Icon City is located at the intersection of Federal Highway and Damansara-Puchong Highway
20 Feb
2017
How Kampung Kerinchi transformed into an urban suburbia
FORMERLY known as Kampung Kerinchi, Bangsar South which has become a hip and cool place to stay for Kuala Lumpur and Petaling Jaya residents aims to be one of the Klang Valley’s most sought-after addresses.
16 Feb
2017
Aeon Big embarks on new business strategy
SUBANG JAYA: Hypermarket chain, Aeon Big Sdn Bhd (Aeon Big), is preparing for a big leap into 2018 with a new business strategy that revolves around consolidating its hypermarket chain and focusing on a single business format.
14 Feb
2017
Sunway Property to build extension to Sunway Velocity on newly acquired 8.45-acre prime land
KUALA LUMPUR (Feb 14): Sunway Property’s newly acquired 8.45-acre prime land along Jalan Peel, Kuala Lumpur will be developed into Sunway Velocity TWO.
13 Feb
2017
Discover the Portuguese link between Malacca and Goa… through Luso Eurasian cuisine
KUALA LUMPUR, Feb 13 ― What do a restaurateur, a cooking instructor and a private chef have in common? If you are Melba Nunis, Sapna Anand and Kei Defreitas, the answer is simply the Portuguese connection that binds the Eurasian cuisines of Malacca and Goa.
01 Feb
2017
Western Digital sells factory land in Bayan Lepas
WESTERN Digital Corp’s subsidiary HGST Technologies Malaysia Sdn Bhd, which ceased operations last March, has put the parcel on which its factory is located and the adjoining vacant land in Bayan Lepas Industrial Zone, Penang, up for sale.
30 Jan
2017
MRCB puts Ascott Sentral KL up for sale
MALAYSIAN Resources Corp Bhd (MRCB) is in the midst of appointing a party to administer the tender process for the sale of the Ascott Sentral Kuala Lumpur serviced apartments, as it is looking to unlock the value of the asset, say industry sources. The 21-storey building on Jalan Tun Sambanthan could fetch between RM150 million and RM180 million, they say.
25 Jan
2017
Congested development
EARLIER this month, it was reported that two plots of leasehold land totalling almost 19 acres in Bandar Sunway, Petaling Jaya, were up for sale by one-stop logistics solutions provider, Kontena Nasional Bhd.
24 Jan
2017
More pressure on KL, Selangor office sector; retail segment remains weak
PETALING JAYA (Jan 24): The outlook for the Kuala Lumpur and Selangor office markets remain cloudy with no catalyst to boost office demand in the near term, according to real estate firm Knight Frank Malaysia.