Tambun Indah Land to roll out RM170 mil worth of launches in 2017
PETALING JAYA (Feb 23): Penang-based property developer Tambun Indah Land Bhd plans to launch three new projects worth about RM170 million for 2017, said the developer.
Eco World International Bhd signs three key IPO deals
KUALA LUMPUR (Feb 20): Eco World International Bhd (EWI), which is seeking a listing on Bursa Malaysia's Main Market, has signed three key agreements with GuocoLand Ltd (GuocoLand), the Employees Provident Fund (EPF), Permodalan Nasional Bhd (PNB) and six banks for its initial public offering (IPO) exercise.
DONE DEAL: Light industrial lot in Bayan Lepas, Penang
Rented for: RM20,000 a month Concluded by: Jerome Eng Sitt Tatt (E 2316) of CBD Properties (Penang) Sdn Bhd (012-419 9298) When: October 2016 Noteworthy: ● Leasehold ● 1.
Ascendas Hospitality Trust posts 13.1% higher 3Q DPS of 1.64 cents
SINGAPORE (Jan 26): Ascendas Hospitality Trust saw DPS grow 13.
Hong Kong’s high-end rental accommodation remains most expensive in Asia
KUALA LUMPUR (Jan 24): Hong Kong remains the most expensive location in Asia for high-end rental accommodation since 2013, according to ECA International’s Accommodation Survey.
Johor: Is it time for some good buys?
2016 was a rough year for the Johor property market.
Dolphin: Shah Alam land buy done on ‘willing-buyer willing-seller’ basis
KUALA LUMPUR (Dec 29): Dolphin International Bhd has clarified that its purchase of a parcel of land in Shah Alam for RM7.
DONE DEAL: 1-storey factory office, Bayan Lepas, Penang
Rented for: RM58,000 a month (average RM2 psf) Concluded by: Roy Lim (REN 08368) of Khoo Associates Realty (012-431 1122) When: Sept 28, 2016 Noteworthy: ● Leasehold ● Located in Bayan Lepas Free Industrial Zone Phase 1 ● Built-up size: 50,000 sq ft of which 29,000 sq ft was rented ● Located about 4km away from Penang International Airport and Penang Second Bridge, 18km away from Georgetown, and 11km away from Penang Bridge.
Element Kuala Lumpur to debut in March 2017
PETALING JAYA (Dec 14): Element Kuala Lumpur, the first Element hotel in Southeast Asia under Element Hotels by Marriott International Inc, is slated to open for business in March 2017.
