Archive for May 2019

The completion of Sunsuria Berhad’s Jasper Square has paid off, with the company registering revenue of RM249 million and net profits of RM91.6 million for the current quarter under review. The higher revenue and net profit for Q2 was largely due to revenue and net profit contribution from Sunsuria’s commercial development project upon its completion…

Sunway Property has seen an 80 percent take-up rate for the first tower of Sunway Avila, its integrated and freehold development, at a private event held on May 25 attended by 800 priority registrants. This is the first foray by the company into Wangsa Maju, offering affordable urban living 6.5 kilometres away from Kuala Lumpur…

Sheng Tai International Sdn Bhd organized a fun-filled evening for 200 underprivileged children and senior citizens aged between 2 to 87 in Ames Hotel, a soon-to-open 5-star hotel in Melaka on May 29. The Buka Puasa event saw Sheng Tai treating their special guests to a wide array of dishes in the hotel’s Grand Ballroom…

Knight Frank, a global property consultancy, firm has just revealed that the monthly rental prices per square feet for Kuala Lumpur office spaces has dropped by 1.4% since Q1 2018. This is the second steepest drop amongst countries in the Asia-Pacific region, right behind Jakarta with a 16% sharp decrease in monthly rental prices. The…

By: Jotham Lim To push forward in their quest for market share, Malaysia’s leading digital real estate marketplace MHub has teamed up with China’s largest international property online website Juwai.com. Before the ink had time to dry on May 23, Entrepreneur Insight was given the opportunity to sit down with both sides, to discuss the…

LBS Bina Group Berhad Group Managing Director, Tan Sri Lim Hock San, at the gala dinner and awards ceremony, held in conjunction with the 3rd Asia Pacific CEO Forum in Macao. LBS Bina Group Berhad (LBS) Group Managing Director Tan Sri Lim Hock San, became the first Malaysian business leader to be honoured with the…

By Jotham Lim MHub, Malaysia’s leading digital real estate marketplace, has signed a partnership agreement with Juwai.com, China’s largest international property online website, to attract overseas Chinese buyers looking to purchase properties in Malaysia today. The agreement will provide local property sellers access to Juwai.com’s more than 3.1 million monthly active users. According to Juwai.com,…

The recent launching of the National Affordable Housing Policy (NAHP) witnessed Minister of Housing and Local Government Yang Berhormat Puan Hajah Zuraida Kamarudin saying that a total of 163,636 affordable homes are currently under construction, with 5,000 units being developed by Sime Darby Property within the next three years. The NAHP is a sub-policy under…

Sheng Tai International Sdn Bhd has launched it’s RM200 million Ames Hotel, boosting their portfolio with a 5-Star hotel and city resort located in Ayer Keroh. It serves as a key component to the fast growing leisure hub, Metrasquare in Melaka. Ames Hotel, being a member of the LSL Hotel Group, will be managed by…