Pacific Star bullish on Asian retail property sector
By BERNAMA KUALA LUMPUR: Pacific Star Holdings Pte Ltd, a real estate investment house, said it is bullish on the outlook for the Asian retail property sector this year. It explained that with the weak US and European markets, more international retailers, lured by Asia’s growing wealth and tourism potential, are now seeking to expand [...]
BSG Property to replicate Precinct 10′s success in Malacca
By BUSINESS TIMES GEORGE TOWN: Boon Siew Group’s property arm BSG Property, is looking at replicating its new commercial property development project Precinct 10 in Penang down south at its Melaka Straits City project. BSG Property’s business development manager Koay Wei Loong said the proposed street mall comprising food and beverage offerings in Malacca is [...]
Oversupply of Klang Valley office space
By THE STAR KLANG Valley’s office space may be heading towards a state of oversupply. The total existing supply of office space is 94.4 million sq ft; 73.07 million sq ft of this were occupied in 3Q 2011. This leaves 21.33 million sq ft or 22.6% of the total space, within the various office buildings, [...]
Belleview plans RM500m property launches this year
By BUSINESS TIMES GEORGE TOWN: Penang-based property developer Belleview Group will unveil new projects with a development value in excess of RM500 million this year in the northern region. Its managing director, Datuk Sonny Ho, yesterday said besides two launches on Penang island, the company is also set to launch first condominium project in Alor [...]
I-Bhd’s decision to leverage on digital technology has borne fruit in the form of i-City
By THE STAR WHEN I-Bhd first ventured into property development about six years ago, the company decided to leverage on its digital technology prowess to undertake the construction of the first digital city in the country, i-City in Section 7, Shah Alam. That decision has proved to be a worthwhile proposition. The state-of-the-art information and [...]
A mixed development within a lively neighbourhood
By THE STAR GLOMAC Bhd recently launched the shop offices in their mixed development called B.U. Centro @ Bandar Utama. The mixed development is sited on 7.62 acres near Bandar Utama. Phase 1 will consist of two-storey shop offices and a 31-storey serviced apartment building. According to Glomac, the combined gross development value for the [...]
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