PETALING JAYA: Sunway Real Estate Investment Trust (REIT) Management Bhd, the manager of Sunway REIT, expects its close to RM1bil investment in Sunway Putra Place in Kuala Lumpur to contribute positively to its income with the property’s scheduled opening next year.
PETALING JAYA: UOA Development Bhd has proposed to dispose of its 12-storey office building in Kuala Lumpur’s Bangsar South for RM72.54mil via a sell-then-lease-back arrangement.
PETALING JAYA: PJ Development Holdings Bhd (PJD) has entered into a sale and purchase agreement with Able Starship Sdn Bhd to dispose of a 28-storey office tower in Kuala Lumpur for RM220mil cash.
Singapore-listed GSH Corp Ltd, which is majority owned by Singapore’s “popiah king” Sam Gooi, is acquiring a 2,431 sq ft tract of prime land in Jalan Kia Peng, Kuala Lumpur, for RM132.4 million or RM2,121 per sq ft.
PETALING JAYA: Four out of six towers in the first phase of Tropicana Corp Bhd’s joint venture project with Ivory Properties Group Bhd, Penang Worldcity in Penang have sold 85% since the preview in Febuary.
File picture shows the Pudu Jail site. Ahmad declined to name the bidders. The site has received tremendous attention not only due to its strategic location, but also the sentiments of the historical site.
LOCATED next to the federal administrative capital of Putrajaya, Cyberjaya is fast becoming the destination of choice for multi-national companies (MNCs), corporate entities and property developers, who foresee the business potential the township has to offer.
KUALA LUMPUR: Property consultant Knight Frank is forecasting stronger investor demand for prime offices globally in 2014, driving further capital growth in these cities
KUALA LUMPUR: CapitaMalls Malaysia REIT Management Sdn Bhd is not going ahead with talks to purchase theTropicana City Mall and office tower in Petaling Jaya from Tropicana Corporation Bhd.
AFTER many years on the drawing board, GuocoLand (Malaysia) Bhd’s multi-billion-ringgit flagship project Damansara City is finally ready to be introduced to the market.