TREC set to make its mark

Posted on | April 14, 2014

By BUSINESS TIMES NEW CONCEPT: Avanti City plans international tenant mix for RM400m entertainment hub. THE RM400 million TREC entertainment hub here will change the city's night life, and provide a boost to the tourism sector and local economy. Developed by Avanti City Sdn Bhd, TREC will open in the third quarter of next year and would ...




‘No concrete plan for Mutiara Beach Resort’

Posted on | April 14, 2014

By BUSINESS TIMES 25-YEAR-OLD PROPERTY: Tradewinds focusing on mega projects in Langkawi, KL. TRADEWINDS Corp Bhd, may only look at redevelopment plans for Mutiara Beach Resort in Penang next year, said a key official. “We have too much on our plate to start planning now, with two major ongoing projects in Langkawi and the large developments in ...




Elephant Park, Central London’s greenest new place to live

Posted on | April 12, 2014

Elephant Park, London, Lend Lease

Brought to you by Lend Lease, Elephant Park is a new residential quarter surrounding Central London's largest new park in 70 years. Zone 1 living, only 5 minutes walk from the Zone 1 Elephant & Castle Underground Station. Private residents' facilities include gymnasium, function room, courtyards and rooftop grow gardens. - Elephant Park, London, Lend Lease




Green Hazen Serviced Apartment in Johor by Welton Development

Posted on | April 12, 2014

Welton Development, Green Haven, Johor Bahru

We would like you to join us in our official launch of Green Haven. A match made in heaven, yours to savour. Your private haven in Johor Bahru. Rainforest concept, resort style living. Attractive podium and facilities with 3-tier security systems. Built-ups from 710 sf to 1496 sf. Convenient location to JB City, Highways and ...




Light House Elizabeth Street, Melbourne CBD from A$368,000

Posted on | April 12, 2014

Light House, Elizabeth Street, Melbourne, Freehold

Asia's 1st launch of a 67-storey iconic tower in Prime Melbourne CBD. Melbourne's premier residential address, luxurious freehold apartments. Off-the-plan with huge stamp duty savings. One of the largest towers in Melbourne CBD with 608 units of one, two and three bedroom apartments spread over 67 levels. 25 metre lap pool with waterfall edges. Outdoor ...




Taman Gaya Daiman G Living | Cluster and Semi-Detached Houses

Posted on | April 12, 2014

Taman Gaya, Daiman G, Johor, Atlantic Dynamics

Congratulations to our purchasers of Precinct 5A for receiving keys to their new homes. 2-storey cluster houses and semi-detached houses for sale from RM908,800. Emerald, Beryl and Opal. Developed by Atlantic Dynamics. - Taman Gaya, Daiman G, Johor, Atlantic Dynamics




Reits still attractive, despite a rise in long bond yields

Posted on | April 12, 2014

By THE STAR DESPITE a rise in long bond yields, a comparatively higher return from real estate investment trusts (Reits) makes it a compelling case for investors who are looking for yields that are better than 10-year Malaysian Government Securities (MGS). Malaysian REIT Managers Association chairman Datuk Stewart Labrooy says a rise in long bond yields since ...




‘Business source’ from property is taxable

Posted on | April 12, 2014

By THE STAR RENTING out your premises is a good way to earn money – but be mindful that income generated can make you liable to taxes. This will depend if the property you are renting out qualifies as a “business source,” says PwC International Assignment Services Sdn Bhd executive director Hilda Liow. “A business source from property ...




Slowdown looming for Johor property?

Posted on | April 12, 2014

By THE STAR IT never rains but it pours. That seems to be the scenario in the property sector this year. Into the fourth month of the year, property consultants continue to see 2014 as “challenging” as the effects and impact of the various measures to curb property speculation take hold. The soaring household debt of 86.8% ...




Time to work out plans that make housing the nation a reality

Posted on | April 12, 2014

By THE STAR RIDES on Ferris wheels are often breathtaking once the cabin reaches the summit. Our eyes are able to feast on the beautiful skyline, and the spectacular view becomes the highlight. While we are amazed with the marvel of the Ferris wheel, the journey itself makes me wonder sometimes. The Ferris wheel goes round and ...




MRCB deal injects new life into company

Posted on | April 12, 2014

By THE STAR In a lull since 2008, real estate investment trust (REIT) Quill Capita Trust Bhd is being injected with a new lease of life. This follows the just announced deal that it will acquire Platinum Sentral from Malaysia Resources Corp Bhd (MRCB) in return for cash and shares. As a result, MRCB will become the ...




Sunway grooms for changes

Posted on | April 12, 2014

By THE STAR AFTER decades of building a township in Sunway, tycoon Tan Sri Jeffrey Cheah knows that determining who will take the Sunway group forward will be crucial. His daughter Sarena Cheah, 40, looks to be the anointed successor, given her 18 years with the group getting involved in different facets of the business. His son ...




UOA Damansara gets MSC M’sia Cybercentre status

Posted on | April 12, 2014

By THE STAR PETALING JAYA: UOA Damansara has been awarded the MSC Malaysia Cybercentre status by the Government. UOA Asset Management Sdn Bhd, the manager of UOA Real Estate Investment Trust (UOA Reit), said in a statement yesterday that UOA Damansara was the first MSC Malaysia Cybercentre in Damansara Heights, Kuala Lumpur. “Completed and ready for occupancy, the ...




Y&G gets nod for KESAS land buy

Posted on | April 12, 2014

By BERNAMA KUALA LUMPUR: Property developer Y&G Corp Bhd has obtained shareholders’ nod to proceed with the proposed KESAS land and related-party acquisitions. The approval was obtained at an EGM yesterday for the acquisition of 408.05ha of leasehold land from the Malaysian Agriculture Research and Development Institute for RM100mil cash. Y&G said in a statement that with the ...




Singapore’s ‘shoebox king’ Oxley spices up M’sian real estate scene

Posted on | April 12, 2014

By THE STAR IN just 10 months, Singapore-listed Oxley Holdings Ltd has quietly amassed a gross development value (GDV) of close to RM10bil in Malaysia. That’s RM1bil for every month since it first bought land in Kuala Lumpur last May – a tough act to follow even for the most seasoned developer. And it isn’t stopping there. Known as ...