News by Edgeprop.my

Sources told Bloomberg the move is partly to help fund the US$33.5 billion Bandar Malaysia project in Kuala Lumpur.

Despite the increase, Knight Frank believes that Kuala Lumpur’s overall office market remains under pressure, with high impending supply and landlords continuing to offer attractive lease packages to retain or attract tenants. 

Petaling Jaya mayor Datuk Mohd Sayuthi Bakar expressed disappointment over the poor hygiene standards at the market.

A resident said this is the first time the local authority had stepped in. “Normally they only come and discuss but nothing would be done.”

The two residential blocks at Gravit8 — Nordica Residences and Adria Residences, will be handed over to buyers end-2019, in time for buyers to move in before Chinese New Year (end-Jan 2020).

“I wanted to change my lifestyle, maybe start a small business, so that I can have more time for my family and give them a better living environment. This was why I chose to move to Malaysia.”

“Interest towards Malaysian properties was already on the uptrend, especially after the travel show hosted by Hong Kong artist Chapman To called Pick me up to Malaysia went on air end-April.”

Concession-type jobs allow companies to diversify their earnings base with more sustainable income and help provide an income buffer.

The lots measuring a combined 2.33 acres are located next to the Chinese embassy and are currently registered to Yip Fung Sdn Bhd, a wholly-owned subsidiary of Nan Fung Textiles Ltd, which has been trying to dispose of the land as well as several other parcels since 2016.

The Edge previously reported that Boustead was selling the Royale Chulan Bukit Bintang Hotel, a transaction it had yet to complete after entering into 22 months ago.