News Feed
Pavilion REIT sees up to 10% revenue growth
PETALING JAYA: Pavilion Real Estate Investment Trust (Pavilion REIT) is expecting 8% to 10% of gross revenue growth with the recent acquisitions of both Da:men Mall and Intermark Mall.Its manager Pavilion REIT Management Sdn Bhd said after the company’s AGM that with that two acquisitions, the...
Property sector under continued pressure
BY AFIQ ISAA major concern was the escalating oversupply situation in both the residential and commercial space, while at the same time, sellers were struggling to secure sales due to the prevailing weak economic environment.PETALING JAYA: The prospect of prolonged headwinds in the property sector...
I-Berhad gets praise for i-City
Fun for all: Nazri and I-Berhad executive chairman Tan Sri Lim Kim Hong (left) enjoying a ride on the carousel at I-City in Shah Alam.SHAH ALAM: The Government is appreciative of I-Berhad for constantly coming up with new tourist attractions in its iconic i-City.Tourism and Culture Minister Datuk...
New commercial centre for Camerons
BY SARBAN SINGHGuests looking at the scaled down model of Cameron Fair development scheduled to be opened in Cameron Highlands early next year.CAMERON Highlands is set to have a new landmark with the opening of the Cameron Fair early next year.Touted as the highlands’ first integrated...
S P Setia confirms appointments of top management
PETALING JAYA: S P Setia Bhd board of directors has confirmed Datuk Khor Chap Jen (pic) as its president and chief executive officer with effect from April 1.The property company said the board had also confirmed Datuk Wong Tuck Wai as its deputy president and chief operating officer and Choy Kah...
Johor Rehda to help buyers secure housing loans
BY ZAZALI MUSANice houses: Mohd Rafi (second from right), Hoe (right), Johor Rehda deputy chairman Wong Kuen Kong (second from left) and Rehda Johor organising chairman Simon Heng Kwang Hock at the launch of Johor Mapex 2016 in Johor Baru.JOHOR BARU: Members of the Johor Real Estate and Housing...
I-Bhd gets many enquiries for 8Kia Peng
Brisk sales: Ong (left) and Lim at the official opening of the 8Kia Peng Gallery. Lim says the company is expecting that 70 of buyers to be foreigners with deep pockets.KUALA LUMPUR: Despite the subdued sentiment in the property sector, I-Bhd has received many enquiries on its latest property...
Small steps towards smart city project
BY ELAN PERUMAL and PRIYA MENON AT THE SELANGOR STATE ASSEMBLYMENTRI Besar Datuk Seri Azmin Ali said the smart city concept was a small initiative towards a bigger vision of taking the state to a different level.To an additional question from Dr Xavier Jeyakumar (PKR-Seri Andalas) on how...
Cyberjaya high-rise project on track
(From left) Tee, Liong Anwar Syahrin, Roslan and Foo officiating at the topping-out ceremony for Verdi eco-dominiums.2 Artist’s impression of the Verdi eco-dominiums in Cyberjaya, which will be complete by the end of the year.DEVELOPER UEM Sunrise Bhd recently completed the topping out for Verdi...
I Bhd confident of 8Kia Peng sales outlook
BY DANIEL KHOOKUALA LUMPUR: I Bhd, the master developer of the RM1bil 8Kia Peng development at the KL City Centre (KLCC) is confident about the sales outlook."I can attest that we have received many enquiries after we launched two weeks ago," its I Bhd executive chairman Tan Sri Lim Kim Hong said...