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KUALA LUMPUR: Maybank Investment Bank Research is keeping YTL REIT as its top Buy due to its resilient earnings from its Malaysian and Japanese assets, which are on master leases with rental step-ups.
PETALING JAYA: The current supply glut in the Klang Valley office market is expected to stretch for at least three more years.
PETALING JAYA: The oversupply of retail malls in Malaysia seems to be a rising issue now with the industry not only witnessing similar tenancy mix and offerings but also sudden closure of businesses while some postponing their openings.
PETALING JAYA: The risk of office space vacancy within KLCC Property Holdings Bhd’s (KLCCP) portfolio is very minimal, according to UOB Kay Hian Research (UOBKH).
Challenging property market offers opportunities
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.
KUALA LUMPUR: Kuala Lumpur City Centre (KLCC) is entering its next phase of development, with the construction of a mixed commercial project with a gross development value of RM5bil.
PETALING JAYA: Sunway Bhd has been awarded a RM304mil contract from Cititower Sdn Bhd to construct and complete the North East Car Park located underneath KLCC Park.
PETALING JAYA: Cesar Pelli, the architect of the Petronas Twin Towers, will once again be casting his magic on the 100-acre Kuala Lumpur City Centre (KLCC) site in a new development that is estimated to cost about RM2bil.
THE FOOCHOWS OF SITIAWAN reviews by Lee Poh Ping