Tropicana appoints Lee Han Ming as group CEO
“Lee’s background and experience in the property industry has been a great asset for our group in the planning and development of our signature townships.”
HK ‘bad guy’ actor Lam Chung passes away at 75
He acted in close to 100 films and often played the villain next to household names such as Chow Yun Fat, Tony Leung, Simon Yam, and the late Leslie Cheung.
DONE DEAL: Condo unit at Seni Mont Kiara, Mont’Kiara, Kuala Lumpur
Noteworthy:
● Freehold
● Built-up: 2,411 sq ft
● Four bedrooms; five bathrooms
● Semi-furnished high floor unit with unblocked city view
● Facilities: Art gallery, tennis and squash courts, swimming pools, Jacuzzis and sculpture garden
● Amenities: International schools, medical centres, shopping malls, commercial hubs and offices
● Easy accessibility via North-South Expressway, DUKE highway and PENCHALA Link
When: August 2020
Glomac to launch final residential phase in Saujana Perdana township
The leasehold development carries a gross development value of RM80.2 million and is slated for completion by the first quarter of 2023.
Surging cloud traffic supports demand for data centres in Asia Pacific
The surging internet usage and smartphone adoption, coupled with social media, e-gaming, video streaming, and big data applications, are all fuelling requirements for extra data centre capacity across Asia Pacific.
Extended MCO: All sectors of the economy can reopen under tightened SOP, says report
“All economic sectors will be opened, including retail, as we have been informed by trade associations that the current MCO has affected small businesses and SMEs more adversely than the first MCO last March.”
DONE DEAL: Condo at Five Stones, Petaling Jaya, Selangor
Noteworthy:
● Freehold
● Built-up: 2,381 sq ft
● Five bedrooms; five bathrooms
● Semi-furnished unit with private lift
● Facilities: Function hall, gym, basketball and badminton court, swimming pool, and children playground
● Amenities: Shopping malls, grocery stores, colleges, international school, morning market, commercial hub and hospital
When: September 2020
Young designers from USM and Taylor’s win first place at AYDA 2020
AYDA 2020’s theme “Human-Centred Design” encouraged designers to further explore their problem-solving skills by developing designs that are intuitive to its intended users’ needs and wants.
Knight Frank: 50% of hospitality players stay positive on next 12 months
The survey also revealed that 14% of the respondents anticipated buying hotel assets within the next two years.
Choong Kai Wai and Koe Peng Kang to helm SP Setia, effective Oct 1
S P Setia Bhd CEO Datuk Khor Chap Jen and deputy president and COO Datuk Wong Tuck Wai will be retiring by the end of September 2021
