IUBIB executive chairman Tan Sri Datuk Alex Ooi: 1st Avenue Virtual Mall “will be integrating digitalization and information technology with the brick-and-mortar segment, which refers to the physical stores at this point.”
Retail partners include TF Value-Mart Hypermarket, GreatZone Household Centre, Watsons, MR DIY, Midas Rainbow, Green Point Departmental Store, New Market, Pharmhouse Pharmacy, Marrybrown, Moons Café and Food Court
Sold for: RM1.55million (RM1033.33psf); Concluded by: Wennie Liew (REN 16099) (012-233 3013) of IQI Realty Sdn Bhd; When: November 2019. Office units at Sunway Velocity enjoy high demand due to their strategic location and the potential of future developments in the area.
Chur Associates founder and managing partner Chris Tan: We are likely to have to live with Covid-19 for some time so a strong community with proper property management is probably the best.
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This comes after the Federal Court today refused to grant leave to an application to appeal against the COA's ruling in the Menara Rajawali case.
The Court of Appeal (COA) had decided on Oct 4, 2019 that the Joint Management Body (JMB) of the mixed development is required to fix a single rate of maintenance fees for all the parcels in the project. The COA’s ruling overturned a High Court decision earlier that JMBs are allowed to set different maintenance fee rates for different parcels in a mixed development.
“The local police and Bomba services were immediately alerted and the fire has now been put under control. Investigation on the cause of fire is ongoing,” said the developer.
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Inside Scoop ice-cream co-founder Edmund Tan: At this juncture, I find it hard to accept the risk of potential closure of the whole kitchen due to hygiene problems of other users.
The top five favourite destination for Chinese property buyers are Thailand, Australia, Japan, the United States and Canada.
Rented for: RM4,200 (RM2.10 psf); Concluded by: Huey Ling Lee (PEA1713) (017-323 1819) of One WSM Property Sdn Bhd; When: December 2019
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