ZADC
LBS makes Top Honour list at ‘best brands’ award
COMPANY CONTINUES RUN AGAINST THE GRAIN OF A SLOW ECONOMY WITH A STRING OF SUCCESSES Township developer LBS Bina Group Berhad (LBS) was recently honoured with two awards for its exemplary practices at The BrandLaureate Prominent Business BestBrands Award 2018. Recognised for going beyond the call of duty in... Read more
Newsflash: Better home discounts for firemen
The government is looking to recognise the service and dedication of firemen in the country by subsidising a portion of the cost of affordable homes for staff of the Fire and Rescue Department (Bomba). Earlier this week, Housing and Local Government Minister Zuraida Kamaruddin said the government could allocate... Read more
Introducing the first property cashback platform in Malaysia
PROPREBATE.COM IS A PLATFORM THAT CONNECTS CONVENIENCE AND CASHBACK BENEFITS AT YOUR FINGERTIPS After a long hiatus on the sidelines of rapid innovation, the property industry is finally taking large strides to fit into a modernised and digitalised world. One company that is clearly riding this wave is Pepite Technology... Read more
CapitaLand purchases Asia Square Tower 2
Leading Singapore real estate company, CapitaLand, has agreed to buy Asia Square Tower 2 (AST2) marking the largest office transaction in the entire Asia Pacific region this year. AST2 is part of a world-class commercial development in Singapore’s Marina Bay business and financial district, and CapitaLand’s is reportedly paying... Read more
Time for global investors to dive into local property market
DEPUTY FINANCE MINISTER SAYS THERE’S NO TIME LIKE THE PRESENT FOR FOREIGN INVESTORS TO JUMP IN Foreign investors should once again take a closer look at Malaysia as a property investment destination, says deputy finance minister Datuk Lee Chee Leong, because they can now take advantage of the comparatively... Read more
Asian Investors zero-in on US, UK, German commercial markets
In general, commercial property investors are allocating more capital to real estate worldwide, but Asian investors, in particular, now represent five out of the 10 biggest cross border spenders in 2017. According to a recent Jones Lang LaSalle (JLL) report, Inter-regional investment reached US$19.5 billion (RM83.3 billion) in Q2... Read more
UOA gains more ground in Bangsar South
One of the key engines behind the rising prominence of Bangsar South has been UOA Development Bhd’s anchor development, Bangsar South City. However, the company recently indicated that it has more in store for the burgeoning new suburb with the purchase of a 9,686.682 sq ft parcel in the... Read more
Singapore poised for rebound, say analysts
The long downtrend period for Singapore’s housing market may be coming to an end, say market watchers, noting that there are now signs of a potential rebound. In an interview with CNBC, Cushman & Wakefield’s managing director of Asia Pacific research Sigrid Zialcita told the news network that she... Read more
Titijaya, CREC tie up for RM575m KK waterfront project
Titijaya Land Bhd has partnered up with China Railway Engineering Ltd (CREC) to jointly develop a mixed-use project in the Sabah capital of Kota Kinabalu. The project, earmarked to take shape on 1.82 acres within the KK city centre, has an estimated gross development value (GDV) of RM575 million.... Read more
KL still top choice for commercial developments
… BUT THAT COULD CHANGE IN THE NEAR FUTURE BY Chris Prasad The nation’s capital remains the favoured focal point for commercial investment and development in the country, says global property consultancy Knight Frank Malaysia. It said KL has seen the lion’s share of investments and development in the commercial... Read more