News by M

The Park 2 has an estimated RM720 million gross development value, and comprises 385 and 324 serviced units in Tower 1 and Tower 2, respectively.

Knight Frank Malaysia pointed out that developers are scaling back on new property launches, especially in the high-end condominium market amidst continued weak demand.

Ascott Residence Trust Management is an indirect wholly-owned subsidiary of CapitaLand.

Group plans to increase its manufacturing capacity to 8,000 apartment units per year by 2018.

"We know that our bids are very competitive."

Revenue increased 27% to RM184.56 million from RM145.31 million, on higher contributions from both property and education divisions.

1HFY17 office revenue dipped 0.3% y-o-y as 40% of the net lettable area (NLA) of Menara Exxon-Mobil was unoccupied in February and March 2017.

Higher contribution from the manufacturing and property divisions.

The bank also considers the status of the developers’ other ongoing projects to ensure the company has the capacity to run another project at the same time.

Singapore jumped 11 spots in the annual list...