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Three new towers in KLCC
PETALING JAYA: Plans to develop three new high-rise buildings near the Petronas Twin Towers in the Kuala Lumpur City Centre (KLCC) are speeding up, with tender documents for sub-works to be issued in a few months, according to sources.
Eco World to ink deal on RM8bil BBCC project
PETALING JAYA: Eco World Development Group Bhd (Eco World), UDA Holdings Bhd (UDA) and the Employees Provident Fund (EPF) board will be signing a tripartite agreement tomorrow to jointly develop the Bukit Bintang City Centre (BBCC) project with a gross development value of RM8bil.
Blackstone to buy German warehouses
BERLIN: Blackstone Group LP bought warehouses in Germany valued at about 200 million euros (US$225mil), almost doubling the size of properties held by its Logicor industrial real estate unit in that country, a person with knowledge of the deal said.
Local brands and pioneers
JUST like the three Chinese New Years before, my wife bought me another red shirt from British India. She has always insisted I wear a new shirt for the CNY. I do not mind too much as long as I am allowed to wear it over my old comfortable jeans.
Chua: JV parties to submit separate returns under GST
PUTRAJAYA: Landowners and property developers, who form joint ventures (JV) to develop land and sell the units, would need to register and submit separate returns under the goods and services tax (GST), said Deputy Finance Minister Datuk Chua Tee Yong (pic).
Eco World Investment to launch UK projects
KUALA LUMPUR: Eco World Investment Co Ltd (EWI), a private vehicle controlled by Tan Sri Liew Kee Sin, is gearing up to launch half of its property projects in the UK by the end of this year.
Gamuda profit rises 7%
PETALING JAYA: Gamuda Bhd recorded a 7% increase in net profit to RM182.18mil and a 26% growth in revenue to RM653.24mil for its second quarter ended Jan 31, 2015, boosted by strong contribution from the Klang Valley Mass Rapid Transit (KVMRT) project and the Gamuda City development in Vietnam.
Chew on different ground
Former OCBC banker adjusting to life in education and property with Paramount
PAM: GST won’t have much impact on property market x
KUALA LUMPUR: The goods and services tax (GST) will not have much impact on the property market, said Malaysian Institute of Architects (PAM) president Chan Seong Aun.
