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Archive for December, 2010

IJM Land, MRCB Merger Aborted

[ 0 ] December 31, 2010

By ELFFIE CHEW KUALA LUMPUR—Property companies IJM Land Bhd. and Malaysian Resources Corp. Bhd. have aborted their proposed merger plan after talks to wrap up the deal broke down, leaving them as niche players rather than a dominant force in the local property sector. “After a series of discussions, MRCB and the company have not [...]

Tasweek Ventures with Superboom Projects

Tasweek Ventures with Superboom Projects

[ 0 ] December 29, 2010

Tasweek Real Estate Development and Marketing, an advisor and solutions provider serving the Middle East real estate markets, recently attended the launching of the ‘Name This 280 Million Years Old Rock Contest’ held at the construction site of the upcoming Haven Lakeside Residences in Ipoh, Malaysia. Tasweek took the opportunity to explore possible ventures with [...]

Name the Rock Contest

Name the Rock Contest

[ 0 ] December 24, 2010

IPOH: The winner of the contest to name a 14-storey high limestone outcrop, off Jalan Tambun, will receive RM25,000. The 280 million-year-old rock formation is located at the site of The Haven, a luxury condominium project. The first runner-up will receive RM10,000 and the second runner-up RM5,000. There are also two consolation prizes of RM1,000 [...]

Yields from Office Space in Malaysia to Drop in 2011

[ 0 ] December 23, 2010

Yields from Malaysian REITs are expected to decrease in 2011 due to a surplus in supply of office buildings from new projects being completed. Choy Yue Kwong – president of the Association of Valuers, Property Managers, Estate Agents, and Property Consultants in the Private Sector, Malaysia – said that there will be very few premium [...]

Perak seeks heritage listing for Ipoh

[ 0 ] December 22, 2010

Jaspal Singh New Straits Times 06-06-2010 Perak seeks heritage listingfor Ipoh Byline: Jaspal Singh Edition: New Sunday Times Section: Main Section IPOH: Following in the footsteps of George Town and Malacca, the Perak state government is now seeking to list Ipoh as a world heritage site under the United Nations Educational, Scientific and Cultural Organisation [...]

Focus on really selling Ipoh

[ 1 ] December 21, 2010

Mariam Mokhtar New Straits Times 10-31-2008 Focus on really selling Ipoh Byline: Mariam Mokhtar Edition: Main/Lifestyle Section: Main Section Type: Letter I CANNOT agree more with Datuk Michelle Yeoh’s comments that “Ipoh is a beautiful city, but more needs to be done to promote it” (“Yeoh urges ex-miners to invest in tourism” – NST, Oct [...]

2011 to see an uptrend in the malaysian property markets

[ 0 ] December 20, 2010

Despite the downturn in the world economy, the Malaysian property market is expected to see signs of positive growth for 2011, the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) organising chairman Eric Ooi said. However, he mentioned there were sectors within the Malaysian Real Estate that [...]

Ipoh Real Estate a Goldmine

[ 0 ] December 15, 2010

PROPERTY in  Ipoh will continue to become a favourite choice among investors as it is expected to show returns that are above the national average. This is in view of the much cheaper prices of real estate at present in Ipoh but has steadily increasing since the improved transport links between Ipoh and KL. 2 [...]

A stroll through Ipoh’s history

[ 0 ] December 14, 2010

Sita Ram New Straits Times 08-04-2003 A stroll through Ipoh’s history Byline: Sita Ram Edition: The City Advertiser; 2* Section: Heritage Memo: (STF) – Ipoh’s rich history unfolds on a walkabout, writes SITA RAM. RECENTLY, 20 people participated in a 2 1/2-hour heritage walk in Ipoh. They were led by Law Siak Hong, pro-tem vice-president [...]

New Large Developments in Kuala Lumpur

[ 0 ] December 13, 2010

Pelaburan Hartanah Bhd (PHB) has secured two anchor tenants, Golden Screen Cinema (GSC) and Parkson, for its seven-storey retail development called Nu Sentral in Kuala Lumpur Sentral. Nu Sentral is part of a bigger 2.4ha integrated commercial development called Lot G, being jointly developed by Malaysian Resources Corp Bhd and PHB. “Both Parkson and GSC [...]