KUALA LUMPUR (Aug 24): Taman Bukit Maluri and Bandar Menjalara residents will be assisted by Segambut MCA to convert their land titles from leasehold to freehold. Segambut MCA chairman Datuk Daniel Ling urged those who wanted to convert their titles from leasehold to freehold to see him for help, The Star reported yesterday. “In March, Kuala Lumpur High Court had granted approval for...
Read moreKUALA LUMPUR (Aug 22): MCT Bhd has entered into an agreement to acquire 4.02 acres of leasehold commercial land in Bangi, Selangor for a total purchase consideration of RM31.5 million. MCT chief executive officer Teh Heng Chong said in a press release: “This is an important milestone for our group as it is our maiden...
Read morePETALING JAYA (Aug 23): Global hospitality company Hilton has announced six landmark signings in Asia-Pacific (Apac) across its portfolio of luxury brands, namely Waldorf Astoria Xi’an, Waldorf Astoria Shanghai Qiantan, Waldorf Astoria Kuala Lumpur, Waldorf Astoria Sydney, Conrad Nagoya and an LXR Hotels & Resorts property in Bali, according to a press statement. The signing...
Read moreKUALA LUMPUR (Aug 22): Knight Frank Malaysia reported that the country’s office sector will continue to improve this year due to the uptick in economic activities and improved business sentiments, following the country’s transition to the endemic phase. It said this in a press release introducing its latest Real Estate Highlights 1H2022 (REH), which features...
Read moreHigh-rises – their sundry sizes, shapes and shades filling our city skylines are a statement of how strata living has become a major part of city living. In developed countries, city makers pay great attention to how strata communities can be aligned to the city planning to benefit its inhabitants and the city development as...
Read moreAME Real Estate Investment Trust (AME REIT), which is en route to list on Bursa Malaysia’s Main Market on Sept 20, is looking to buy yield-enhancing assets from third parties in Peninsular Malaysia’s central and northern areas. It aims to expand its portfolio outside of Johor to generate stable cash flows and potential long-term income...
Read moreKUALA LUMPUR (Aug 17): PMB Technology Bhd’s subsidiary PMB Land (Sg Besi) Sdn Bhd has proposed to sell land in Kuala Lumpur for RM37 million and use the proceeds to repay a loan and for working capital. The disposal of the freehold land, measuring 6,658 sq m, is part of the company’s plans to streamline...
Read moreKUALA LUMPUR (Aug 16): OKA Corp Bhd has proposed to acquire a piece of land in Senai, Johor for a total of RM14.24 million for expansion of operation. In a filing with Bursa Malaysia on Tuesday (Aug 16), the precast concrete product manufacturer said its wholly-owned subsidiary OKA Concrete Industries Sdn Bhd (OCI) had purchased the piece of...
Read moreKUALA LUMPUR (Aug 15): Tiong Nam Logistics Holdings Bhd has entered into a preliminary collaboration agreement with a unit of Johor Corp (JCorp) to jointly develop a logistics hub on a 300-acre plot of land in Sedenak Tech Valley, Johor. In a Bursa filing on Monday (Aug 15), Tiong Nam said the agreement is subject to further exploration of...
Read moreThe attractiveness of the RM1.3 billion Utropolis Glenmarie in Shah Alam, Selangor has increased with the opening of the new 229 key midscale Mercure Kuala Lumpur Glenmarie managed by Accor. The 8.4-hectare Utropolis Glenmarie is the first integrated development by Paramount Corp Bhd’s subsidiary, Paramount Property.The KDU University College flagship campus serves as the centrepiece...
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