BY EUGENE MAHALINGAMScene of the Kuala Lumpur City Centre from the Kuala Lumpur Tower.PETALING JAYA: Rental rates for office space within the Klang Valley is expected to remain flat for the rest of 2015, as steady incoming supply will offset demand.Savills Malaysia executive chairman Chris Boyd...

PETALING JAYA: UOA Real Estate Investment Trust’s revenue for its second quarter ended June 30, increased 4.6% to RM23.15mil from RM22.13mil a year ago.Net profit for the quarter was up by 2.7% to RM11.85mil from RM11.54mil a year earlier.It has announced a dividend of 2.69 sen, bringing the...

PETALING JAYA: Berjaya Corp Bhd (BCorp) is buying a 50% stake in Berjaya Kyoto Development (S) Pte Ltd (BKyoto) for RM97.3mil.The seller of the stake is its 58%-owned Berjaya Land Bhd (BLand). After selling half of BKyoto to its parent, BLand will own the remaining 50%.BCorp will undertake to...

KUALA LUMPUR: Sunsuria’s share price fell to a low of RM1 on Wednesday on continued profit taking on the property counter after the recent run-up on corporate developments.At 10.06am, it was down eight sen to RM1. Turnover was 480,700 shares traded at prices ranging from RM1 to RM1.05.At RM1,...

PETALING JAYA: The owners of Urbana Residences in Ara Damansara thought they were just getting a modern, contemporary home, when they put their signature(s) on the dotted line to cement the deal. They did not expect to be kept informed on the construction progress or receive gifts and treats from...

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Thrills and spills from the towering skyscrapersBY ANGIE NGangie@thestar.com.myTHE proliferation of high-rise buildings in Kuala Lumpur is changing the capital city's skyline and vistas, and the pace new buildings are cropping up can be fascinating and bewildering at the same time. On one hand, it...

BY TAN KIT HOONGSamsung's new robot vacuum is more powerful than ever.THIS VACUUM SUCKS: Very well, that is.ROBOT vacuum cleaners have been around for a while, but the challenge for manufacturers has always been in making the machines powerful yet small enough to navigate under the...

KUALA LUMPUR: Affin Hwang Capital Research has Gamuda, IJM Corp and Eastern and Oriental (E&O) as its top Buys for infrastructure and property exposure to Penang.It said on Monday Penang was forging ahead with development through public-private partnership (PPP) projects.The RM27bil Penang...