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Property Ownership

 
Ascott strengthens presence in Malaysia
KUALA LUMPUR: Singapore-based CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott) is growing its presence in Malaysia.

Encorp disposes and acquires office suites in Kota Damansara
KUALA LUMPUR: Encorp Bhd is disposing of selected office suites located within Encorp Stand, a mixed development in Pusat Perdagangan Kota Damansara via its subsidiary Must Ehsan Development Sdn Bhd (MEDSB), to parties related to Encorp...

Park Regis to Manage Taragon Puteri KL
Bluestone Group Malaysia, through its wholly owned subsidiary Taragon Capital Malaysia (TCM) Sdn Bhd, recently signed with Park Regis Hotel Management Sdn Bhd (PPHM), a wholly-owned subsidiary of StayWell Hospitality Group, to operate its...

Habib Jewels gears to open more hotels
HOMEGROWN jeweller Habib Jewels Sdn Bhd, which recently ventured into its first hotel business in Kota Baru, is ready to open more hotels locally and abroad. Habib Holding general manager Abdul Razak Abdul Kadir said the company is looking...

Tune Hotel opens in Kota Damansara
PETALING JAYA - Tune Hotels.com has opened its latest hotel at Kota Damansara, near here - its ninth in three years.

HK-based Sun Bear to invest RM5.2b in Sabah plant
KUALA LUMPUR: Hong Kong-based Sun Bear Solar Ltd, a global player in the solar energy industry, will be investing RM5.2bil in a solar glass manufacturing plant in Kota Kinabalu Industrial Park, Sabah.

Coca-Cola to see more fizz with RM1b plans
The world's largest beverage company, The Coca-Cola Company, plans to invest RM1 billion in Malaysia over the next five years to further boost its growth in the country.

Frankfurt-based SEB bullish about Malaysia
SKANDINAVISKA Enskilda Banken (SEB) Asset Management AG, a Frankfurt-based real estate fund manager, is eyeing more growth opportunities in Asia, especially Malaysia.

ARA buys Kuala Lumpur office, gains first Australia exposure
ARA Asset Management has purchased a RM333m, 20-storey office block in Kuala Lumpur on behalf of its ARA Asia Dragon Fund. The Singapore-based private equity real estate fund and REIT manager has also made its first investment in Australia...


Guidelines

 
Open bidding: A new way to sell
A new trend in property auction — open bidding – is set to cast out the stigma of foreclosure and forced sell, and turn it into the preferred way to buy or sell properties.

SriShanBid.com managing director Shanmugha...



Featured Location

 
East Coast brimming with valuable projects
It has been a good year for the state's economic development as several projects under the East Coast Economic Region (ECER) are progressing on track.

ECER attracts RM36.5b in investments
The East Coast Economic Region (ECER) has attracted RM36.5 billion worth of investments since its inception in 2007 until November this year, both domestic and overseas, Prime Minister Datuk Seri Najib Tun Razak said.

Another RM300 Million for Tanjong Agas Industrial Park
The government will allocate RM300 million under the 10th Malaysia Plan to facilitate the development of Tanjong Agas Oil & Gas and Logistics Industrial Park (TAOGLIP).

Dubai’s OSC to build RM620m supply base in ECER
KUALA LUMPUR: Dubai-based Oilfields Supply Centre Ltd (OSC) and Tanjong Agas Supply Base...

Johor a strong economic, education hub
PETALING JAYA: The Economic Intelligence Unit (EIU) has earmarked Johor as a substantial contributor to Malaysia’s economic prosperity and brain drain reversal.

Puteri Harbour JV for UEM Land & BRDB
UEM Land Berhad, the master developer of Nusajaya and Bandar Raya Developments Berhad (BRDB), a premier luxury developer in Malaysia, recently signed a deal to jointly develop Residential North in Nusajaya, Johor.

Iskandar M'sia receives additional RM700m, says Abdul Ghani
NUSAJAYA: Iskandar Malaysia has received an additional allocation of RM700 million to develop various infrastructure at the development corridor for the next two years.

It’s all about convenience at Sentral
COMMUTERS can now enjoy the new modernised and streamlined facilities of Keretapi Tanah Melayu Berhad (KTMB) in JB Sentral.The train station can accommodate up to 2,500 people at its new location which is only a stone's throw away from its...

Skudai to get new RM500mil hub
JOHOR BARU: Teras Hijaujaya Sdn Bhd, the developer of commercial project Danga Utama, wants to position the development as the new business hub in the Skudai growth corridor.

MPCorp enters pact with LG unit for resort, smart green city projects in Iskandar Malaysia
KUALA LUMPUR: Malaysia Pacific Corporation Bhd (MPCorp) is tying up with LG Corp’s IT and media services unit to develop LakeHill Resort City and APTEC City's smart green city-related projects in Iskandar Malaysia.

Biocon may invest another RM500m in Iskandar
KUALA LUMPUR: India’s major biotech firm Biocon Ltd will likely invest another RM500 million in Iskandar Malaysia’s Bio-Xcell.

15% tax rate in Iskandar only for certain target group
PETALING JAYA: Knowledge workers in Malaysia who are considering packing up to move to Iskandar Malaysia in Johor to take advantage of the 15% income tax rate proposed a year ago, better think again. The incentive is not for those who are...

Indian company to invest RM500mil in R&D facility in Johor
PUTRAJAYA: Biocon Ltd, a biotechnology company from India, plans to invest RM500mil in the first phase of its new biomanufacturing and research and development (R...

Broadband expansion in Iskandar Malaysia
JOHOR BARU: More property development projects in Iskandar Malaysia will be equipped with the high-speed broadband (HSBB UniFi) services within the next two to three years.

MoU signed to produce skilled workers
UNIVERSITI Sains Malaysia (USM) has signed a tripartite agreement to produce skilled workers according to the needs of the industry. The university signed a memo-randum of understanding (MoU) towards this purpose with the Nor-thern...

NCER projects to bear fruit by 2012
Four states in the Northern Corridor Economic Region (NCER) are expected to start enjoying the results of projects implemented by 2012, and at the same time shape the people''s economy toward high income.

Tractors Malaysia Opens New Butterworth Branch To Tap Into Growth Opportunities In NCER
PENANG, 10 October 2008 - Tractors Malaysia, wholly-owned by Sime Darby Berhad, is optimistic about the growth potential in the industrial and agriculture sectors in the Northern Corridor Economic Region (NCER).

Sime Darby Property and Partners Advocate Green Architecture Challenge to Young Malaysians
KUALA LUMPUR, 3 December 2010 - In its continuous efforts to promote a positive culture towards sustainability of the built environment, Sime Darby Property together with Alliance Francaise (AF), the Goethe Institute Malaysia (GI),...

Sime Darby Property Reports Strong Sales At Three Townships
KUALA LUMPUR, 30 October 2010 - Sime Darby Property, Malaysia’s premier sustainable community developer, is achieving impressive take-up rates for three of its townships – offering enticing investment opportunities to property buyers. This...



 


 

 

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