PETALING JAYA: Plans to develop three new high-rise buildings near the Petronas Twin Towers in the Kuala Lumpur City Centre (KLCC) are speeding up, with tender documents for sub-works to be issued in a few months, according to sources.
Putra Jaya: The World Bank Group office in Kuala Lumpur will serve as a knowledge and research centre. Second Finance Minister, Datuk Seri Ahmad Husni Hanadzlah, said the office, which would be located at Sasana Kijang, would enable Malaysia to share its development experience with other developing countries while benefitting from World Bank's international experience and expertise.
KUALA LUMPUR: CapitaMalls Malaysia Trust (CMMT) is buying the Tropicana City Mall with its office tower for a purchase consideration of RM540mil.
PETALING JAYA: Kuala Lumpur’s central business district has a new distinctive landmark in the form of Menara Hap Seng 2, which is Hap Seng Land Sdn Bhd’s new 30-storey Grade A commercial office.
KUALA LUMPUR (Jan 14): Ivory Properties Group Bhd ( Financial Dashboard)’s wholly-owned subsidiary, Ivory Indah Sdn Bhd, has entered into a sale and purchase agreement with Jesselton Peak Sdn Bhd for the disposal of a 21.78 ha land in Jesselton, Penang, for RM150 million.
KUALA LUMPUR (Dec 29): Tower REIT ( Financial Dashboard) has entered into a sale and purchase agreement (SPA) with Goldstone Kuala Lumpur Sdn Bhd to divest 19 office parcels and 190 car park bays within Menara ING for RM132.34 million cash, a filing to Bursa Malaysia revealed this evening.
PETALING JAYA: The German government is selling the two properties it owns in the heart of Kuala Lumpur for a potential combined worth of RM225mil.
KUALA LUMPUR: Sunway Real Estate Investment Trust (Sunway REIT) ( Financial Dashboard) plans to acquire Sunway Hotel Georgetown and Wisma Sunway office building for a combined RM134 million from subsidiaries of Sunway Bhd.
PETALING JAYA: Mass Rapid Transit Corporation Sdn Bhd has finalised names for the 31 MRT stations located on the Sungai Buloh-Kajang line, also known as Line 1. “The name changes are to better reflect the locality of the station,” MRT Corp CEO Datuk Wira Azhar Abdul Hamid said in a press briefing here yesterday.
PETALING JAYA: Property heavyweight IOI Properties Group Bhd (IOI Prop) is making a bold move into the Taiwan real estate as it proposes to buy a stake in iconic skyscraper Taipei 101 for RM2.74bil (NT$25.14bil) at a time when the ringgit is weakening.