Le Meridien owner buys Hilton KL for RM497m
KUALA LUMPUR (Dec 19): Japanese billionaire Katsumi Tada has sold his prized premium-class Hilton Kuala Lumpur Hotel (Hilton KL) in Kuala Lumpur Sentral (KL Sentral) here for ¥13.
Rapid rise in house prices since 2008 could cause future instability, says World Bank
PETALING JAYA (Dec 19): The rapid rise of Malaysia’s real housing prices since 2008 could be a source of future instability, the World Bank said in a recent report.
National Housing Policy 2.0 in final phase
PETALING JAYA (Dec 13): The National Housing Policy (DRN) 2.
Hong Kong homebuyers to face worsening affordability crisis
KUALA LUMPUR (Dec 12): If you think Malaysian aspiring first-time homebuyers have it bad, spare a thought for Hong Kong folk.
SkyWorld says established first RM1b sukuk
KUALA LUMPUR (Dec 11): SkyWorld Development Group has established its first RM1 billion Islamic bond or sukuk scheme to finance the property developer's projects.
Zecon back to steady growth path after recent setbacks
KUALA LUMPUR (Dec 11): Zecon Bhd has suffered several setbacks recently, but its chief executive officer Syed Mohd Muzakir Syed Hussin Al-Jofre believes that’s all behind now.
I&P to launch its first condominium in Alam Damai
KUALA LUMPUR (Dec 7): I&P Group Sdn Bhd, now a member of S P Setia Bhd, will be launching the first condominium block at Cemara Damai Residence in Alam Damai, Cheras on Dec 16.
AmInvestment Bank: More developers to cut prices, increase mass-market housing in 2018
PETALING JAYA (Dec 7): The property sector is expected to stir in 2018 as developers continue to cut prices — by 10% to 15% or more — and adjust to the reality that demand lies in mass-market affordable housing, said AmInvestment Bank in a report today.
PNB sells Brisbane office building for A$370m
KUALA LUMPUR (Dec 7): Permodalan Nasional Bhd (PNB) has sold Santos Place, a prime-grade office building at 32 Turbot Street, Brisbane, Australia for A$370 million (RM1.
Mulpha International issues US70m debt notes
KUALA LUMPUR (Dec 5): Mulpha International Bhd has issued the sixth series of notes under its US$200 million (RM818 million) Medium Term Note (MTN) programme.
