News

Check out market updates

Retail rental reversion likely to be flattish, says AmInvestment Bank

Retail rental reversion likely to be flattish, says AmInvestment Bank

Tan Siew Mung/theedgemarkets.comApril 07, 2022 12:00 pm +08 Photo by Patrick Goh/The Edge– KUALA LUMPUR (April 7): Despite the outlook on retail sales improving, AmInvestment Bank expects rental reversions for malls in prime locations to remain muted in the near term as tenants will still require some time to recover to their pre-pandemic sales level….

Dutaland buys 4 town villas in Sri Hartamas from Olympia

Dutaland buys 4 town villas in Sri Hartamas from Olympia

KUALA LUMPUR: Dutaland Bhd is buying four units of four storey town villas in Sri Hartamas, KL for RM15.7mil from Olympia Industries Bhd. “The Properties, each with a lift and a swimming pool, are prestige properties which are located at a well-established exclusive residential area,” it said. “The transactions are undertaken as it is expected that there is…

Report: Jakel Group planning to build ‘74-storey-tall building’ in Golden Triangle

Report: Jakel Group planning to build ‘74-storey-tall building’ in Golden Triangle

EDGEPROP.MYFebruary 06, 2021 | Updated 1 week agoKUALA LUMPUR (Feb 6): A property developer company within the Jakel Group “is planning to build a 74-storey-tall building within the Golden Triangle near the Petronas Twin Towers in Jalan Pinang”,  The Edge Malaysia reported this week. Sources told the weekly that the gross development value (GDV) of the development is estimated…

edotco to equip Merdeka 118 with next-gen telco solutions

edotco to equip Merdeka 118 with next-gen telco solutions

By Ayisy Yusof – February 15, 2021 @ 1:15pm KUALA LUMPUR: Permodalan Nasional Bhd’s (PNB) subsidiary, PNB Merdeka Ventures Sdn Bhd, has appointed edotco Malaysia as its partner to equip the Merdeka 118 tower with next generation telecommunications technology solutions. The appointment will pave the way for edotco Malaysia to design, provide and maintain build-to-suit in- building telecommunications…