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[UPDATED] According to a sales personnel, hundreds of cheques have been collected for Phase 1 - The Stride Strata Office.

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BBCC Development Sdn Bhd, a joint venture (JV) company of three shareholders, has signed a Head of Terms Agreements with Mitsui Fudosan (Asia) Pte Ltd and Zepp Hall Network Inc for the proposed multi-billion ringgit Bukit Bintang City Centre (BBCC).

Bank Negara Malaysia (BNM) deputy governor Dr Sukhdave Singh cautioned today that the country’s economy was at risk due to an oversupply of commercial space developments within the next two years.

State-owned construction group, China Railway Group Ltd, has officially announced that it will invest US$2 bilion (RM8.1 billion) to build its own regional centre in Bandar Malaysia.

TECHNOLOGY is posing quite a challenge to the conventional way of doing business, including real estate buying, selling and renting.

It was reported that Malaysia’s millionaires are packing their bags and leaving the country at a fast rate.

The Selangor government has frozen the approval of new property projects involving service apartments, small office home offices (SoHos) and small office versatile offices (SoVos) for six months amid the gloomy outlook plaguing the sector.

Properties priced from RM500,001 to RM700,000 are the most vulnerable to loan rejection, according to almost a third of 159 respondents to the Real Estate Housing Developers Association of Malaysia (REHDA) property industry survey 2H2015.

The newly-opened ss15 Courtyard shopping mall has achieved an occupancy rate of over 80%. With a refreshed look, the mall was formerly the retail podium of an office development known as First Subang.

i-Bhd’s Hyde Tower apartment project at its flagship i-City integrated development in Shah Alam is 90% taken up since its launch last Sunday.

Malton Bhd plans to launch the third and final phase of its freehold serviced apartments at Bukit Jalil City development here in September, said a spokesperson for the developer.

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