SINGAPORE'S CapitaMalls Asia Ltd (CMA) is looking at investing up to RM2 billion to build and buy malls in Malaysia. Once the asset starts to generate income, it may then be sold to the CapitaMalls Malaysia Trust (CMMT). CMMT, Malaysia's second largest … [Read more...]

We have heard of people spending over RM200,000 fitting out a kitchen and an equal amount just for their master bathroom. Who are these people and where do they live? For those answers, we got the help of Leon Chan, public relations representative … [Read more...]

STATE-CONTROLLED Kumpulan Hartanah Selangor Bhd (KHSB), 56.57 per cent owned by Kumpulan Perangsang Selangor Bhd, is finalising the purchase of 9.3 acres of prime land in Section 14, Petaling Jaya, for a high-end mixed development estimated at RM1 billion, … [Read more...]

PUTRA Perdana Construction Sdn Bhd, a subsidiary of Putrajaya Perdana Bhd, has secured a contract to build a RM142.8 million hospital in Desa ParkCity, Kuala Lumpur, from Perdana ParkCity Sdn Bhd's subsidiary Trekker Avenue Sdn Bhd. The 300-bed hospital … [Read more...]

The Selangor State Development Corporation (PKNS) has launched the sale of 300 units of medium cost apartments in Section 7, Shah Alam. The apartment project, Kristal Heights, has a floor area from 1,003 sq ft with a minimum price of RM245,200. It … [Read more...]

SERVICED residences operator Ascott International Management (Malaysia) Sdn Bhd has achieved what is considered a rarity among hoteliers in Malaysia. Ascott, which is a member of CapitaLand, enjoys a handsome gross operating profit (GOP), which in … [Read more...]