Malls must stay relevant to thrive
ANYOUNG Haseyo! South Korea – read Korean dramas, K-pop and of course PSY’s galloping Gangnam Style – have undoubtedly touched the lives of many a Malaysian.
Aset Kayamas obtains RM425m bridging loan from MBSB
KUALA LUMPUR (June 1): Aset Kayamas Sdn Bhd, a privately held property developer, has obtained a RM425 million bridging loan from Malaysia Building Society Bhd (MBSB) for its Park Hill Residence and 1Malaysia Civil Servants Housing (PPA1M) projects in Bukit Jalil here.
UOL to expand Malaysian hospitality portfolio
SINGAPORE-listed property firm UOL Group Ltd, which owns and operates the Parkroyal and Pan Pacific brands, will see its hospitality portfolio in Malaysia grow in the next two to three years as it adds two new hotels and expands an existing hotel asset in Kuala Lumpur.
PROPERTY SNAPSHOT 4: What’s hot in Bukit Jalil?
• Today, we look at price growth and indicative rental yields for non-landed homes in Bukit Jalil, Kuala Lumpur.
UOA inks MoU with China hospitality company
PETALING JAYA (June 1): UOA Hospitality Sdn Bhd (UOA Hospitality), a unit of UOA Development Bhd, has inked a memorandum of understanding (MoU) with Hubei Chutian Media & Hotel Investment Management Co Ltd (Hubei Chutian) for a long-term partnership that involves resource sharing, complementary advantages and exploration of new markets, UOA Hospitality announced in a media statement today.
PROPERTY SNAPSHOT 3: What are developments priced in Bukit Jalil?
• Today, we continue our focus on Bukit Jalil by looking at average prices on a per square foot (psf) basis.
Sunsuria City, Ever Rich Land in JV to develop Korean-themed development
PETALING JAYA (May 31): Property developer Sunsuria Bhd is in a 60:40 JV (joint development) collaboration with Welcome Global Co Ltd, a wholly-owned subsidiary of Ever Rich Land Co Ltd to develop an 8.
PROPERTY SNAPSHOT 2: What’s affordable in Bukit Jalil?
• Non-landed residential property indices in Bukit Jalil appear affordable.
RM3b development central to EcoFirst’s turnaround efforts
KUALA LUMPUR (May 30): EcoFirst Consolidated Bhd is marking the start of its expansionary phase, after over five years of restructuring efforts, with the launch of the first phase of its RM3 billion gross development value (GDV) Ampang Ukay development targeted for next month.