The function hall at the 21-storey Tara Condominium in Ampang Hilir, Kuala Lumpur, features wooden-framed swivel glass doors, a design that was popular in the 1990s. After all, the condominium was completed in 1992. Nevertheless, the classic design still feels relevant 31 years later.

Partnership between owners and property manager bears fruit

Oval Damansara is a unique building, thanks to its oval-shaped structure and façade, which is fully decked out in aqua-coloured glass cladding.

Turning things around

The slight whiff of the sea breeze made me think for a moment that I was at the beach, but this was not the case, as I was in Setia Bayuemas Lake Park. This 10.25-acre park is situated in the ongoing development of Setia Bayuemas, a 545-acre freehold mixed-deve­lopment in Southern Klang.

Placemaking for the larger community

At least 13 years after City & Country interviewed UOA Development Bhd for the launch of Binjai 8 Premium SoHo, the development is in the news again, but for a different reason. It is the Bronze winner in the 10 Years and Above — Multiple-owned Strata Office category of The Edge Malaysia Best Managed & Sustainable Property Awards 2023.

Juggling between cost and income

The 23-storey Plaza OSK, owned by OSK Holdings Bhd, has changed a fair bit since City & Country’s last visit in 2019. The office bu...

Keeping up with the times

Kota Sultan Ahmad Shah, or KotaSAS, is located to the northwest of Kuantan town and is close to Istana Abdul Aziz. The 2,165-acre township, which is about 30% developed, was previously an oil palm estate for 25 years and had been ready for replanting. However, it was then earmarked for development, which kick-started in 2010.

Creating a legacy from humble beginnings

The town of Kluang in Johor is famous for its coffee and local cuisine. But it also boasts a shopping centre — ­Kluang Mall — that has enticed international brands like H&M, Uniqlo and Cotton On to open outlets in the second-tier town. This is something that Tenaga Nusantara Sdn Bhd CEO and executive director Tey Fui Kien is proud of. Tenaga Nusantara is the developer and mall manager of Kluang Mall.

A mall with a heart for the community

Although it is located in the lively area of Kerinchi, next to Bangsar South, The Estate exudes a sense of calmness and serenity. Perhaps it is the contemporary, elegant façade and dark exterior or the perfectly landscaped recreational areas of the condominium development that does the trick.

All hands on deck

Residents of Teega @ Puteri Harbour are afforded a panoramic view of the Straits of Johor and Singapore from the Sky Lounge on Level 27. In fact, Teega is only 22km from the Malaysia-Singapore Second Link.

Full-time attention for a better outcome

IOI City Mall has become a landmark in the southern corridor of the Klang Valley. Not only is it the new commercial, entertainment and lifestyle heartbeat of the area, the 2.5 million sq ft shopping mall is also the biggest retail mall in Malaysia so far.

Reinventing shopping mall based on regional standards

Sunway Velocity in Kuala Lumpur is a vibrant township today, nine years after it was first launched and developed by Sunway Group’s property arm, Sunway Property. Sitting on sites formerly occupied by light industrial lots, old workshops and squatter homes, Sunway Velocity is modelled after Sunway City Kuala Lumpur and its formula that has transformed a mining wasteland into a thriving township.

Communication is key for a vibrant community

Mont’Kiara Banyan is a welcome respite from the hustle and bustle of the main road of Jalan Kiara in Mont’Kiara. Its lobby is bl...

A well-maintained tropical paradise in Mont’Kiara

Living in a city with little or no interaction with nature can result in a skewed view of outdoor activities. With little respite from the sweltering heat on some days, it was a welcome surprise to notice how much cooler it felt when walking within the urban forest of Summit Park @ Southville City in Bangi, Selangor.

A cooling walk in an urban forest

Maintaining an older building is certainly a big challenge. ­Kiaramas Cendana Condominium’s Management Corporation (MC) committee and its managing agent Henry Butcher Malaysia (Mont Kiara) Sdn Bhd (HBMK) took this challenge head on and, today, they are reaping the rewards.

Strong processes keep condo in good shape

(April 19): ANZ Group Holdings Ltd is in discussions with Australian pension funds about investing in India’s infrastructure assets and its debt market, according to a senior bank official.

ANZ Bank in talks with Australian pension funds on India investments

(April 19):Blackstone Inc. collected more fees from big retail funds and credit strategies during the first quarter, compensating for the slower pace of deal exits.

Distributable earnings increased 1% from a year earlier to $1.27 billion, or 98 cents a share, the world’s biggest alterna...

Blackstone credit and retail lines drive narrow profit beat 

Shares of IT services firm Infomina Bhd fell on Friday to its lowest in nearly one year as its latest results disappointed investors even as analysts largely remained bullish.

Infomina shares near one-year low as earnings miss expectations

KUALA LUMPUR (April 19): Meta Bright Group Bhd is forming a joint venture company (JVco) with a Bumiputera firm to bid for renewable energy (RE) projects with a Bumiputera equity requirement.

Meta Bright forms JVco with Bumiputera firm for RE projects

(April 19): Moody’s Ratings this week gave private credit investors greater reason for concern about credit quality in the flourishing $1.7 trillion industry.

The ratings company on Monday reduced its outlook for direct lending funds managed respectively by BlackRock Inc., KKR & Co....

Private credit funds get Moody’s warning on problem loans

MKH Oil Palm (East Kalimantan) Bhd’s initial public offering (IPO) has been oversubscribed by 8.43 times, ahead of its listing on the Bursa Malaysia Main Market on April 30.

Main Market-bound MKH Oil Palm’s IPO oversubscribed by 8.43 times

WASHINGTON (April 18): The International Monetary Fund urged Asian central banks on Thursday to focus on domestic inflation and avoid tying their policy decisions too closely to anticipated moves by the U.S. Federal Reserve.

Receding expectations for a near-term interest cut by the U.S....

IMF tells Asian central banks not to follow Fed too closely

Batik Air will suspend its operations to Istanbul, Turkiye, effective May 1, 2024, and affected passengers will be notified via email and text, said the airline operator, Malindo Airways Sdn Bhd.

Batik Air to suspend operations to Istanbul from May 1

Indonesia said fiscal and monetary policies are in sync to cushion the economy from the rising dollar, demonstrating an all-hands-on-deck approach, with the central bank signalling they’re intervening more actively to aid the rupiah.

Indonesia takes steps to shield economy from strong dollar

Some lenders to Thames Water could face losses of as much as 40% in the event that it ends up being nationalised by the UK government, according to contingency plans drawn up by officials.

Thames Water lenders face 40% losses if it’s nationalised

Most read this week - Stay up to date with the biggest news and latest trending topics by checking out the top 10 articles of the week. 

Most read this week

Israel launched an attack on Iranian soil on Friday, sources said, in the latest tit-for-tat exchange between the two arch foes, whose decades of shadow war has broken out into the open and threatened to drag the region deeper into conflict.

Israel attacks Iran, Reuters reports, as drones shot down over Isfahan 

Shares of Sapura Energy Bhd will be suspended from trading pending an announcement, the company said on Friday.

Trading in Sapura Energy suspended pending announcement 

Shares of Awanbiru Technology Bhd (Awantec) fell as much as 53% on Friday, prompting Bursa Malaysia to suspend the counter’s intraday short selling (IDSS).&nbsp;

Awantec shares plunge 53%, intraday short selling suspended 

PIE Industrial Bhd, whose share price extended its rally to a new all-time high on Thursday on reports that it has secured a new customer, confirmed the matter and said it is expecting the new customer to contribute an additional RM2.5 billion revenue to the group, of which RM1 billion will be recognised as early as next year.

PIE Industrial confirms bagging new client, expects additional RM2.5 bil revenue

RHB Investment Bank Bhd (RHB IB) on Friday upgraded Public Bank Bhd to “buy” from “neutral”, with a higher target price (TP) of RM4.80 (from RM4.70).

RHB upgrades Public Bank to ‘buy’, raises target price to RM4.80

The oil-rich Malaysian state of Sarawak in Borneo is aiming to transform itself into a centre for clean hydrogen energy, betting that its ability to harness an abundance of hydropower can help it defy challenges that are clouding the fuel’s prospects elsewhere.

 Sarawak aiming to transform itself into a centre for clean hydrogen energy

Malaysia's economy grew by 3.9% in the first quarter of 2024 (1Q2024), as compared to 3.0% in the previous quarter, according to Department of Statistics Malaysia (DOSM) advance gross domestic product (GDP) estimates.

Malaysia's economy grew 3.9% in 1Q2024, advance estimate shows

Asian shares and bond yields sank on Friday while safe-haven currencies, gold and crude oil jumped after reports Israel attacked Iran in a continuing series of assaults that have increased concerns of a wider Middle East conflict.

Stocks sink, oil jumps after Israeli attack on Iran

Apple said on Friday it had removed Meta Platforms' WhatsApp and Threads from its App Store in China after being ordered to do so by the Chinese government, which cited national security concerns.

Apple pulls WhatsApp, Threads from China app store after Beijing order

The Malaysian rubber glove industry has demonstrated resilience and adaptability amidst challenging global dynamics, with optimism for a rebound in 2024, with an anticipated surge to approximately 450 billion pieces by 2027 despite a downturn in 2023, according to the Malaysian Rubber Glove Manufacturers Association (Margma).

Margma optimistic of rebound in 2024, expects surge to 450 billion pieces by 2027

MKH Oil Palm (East Kalimantan) Bhd’s initial public offering (IPO) has been oversubscribed by 8.43 times, ahead of its listing on the Bursa Malaysia Main Market on April 30.&nbsp;

The escalating tensions in the Middle East have influenced market sentiment and shifted investors' emphasis to the energy, finance and plantation sectors, which helped boost the FBM KLCI higher by midday on Friday.

KLCI up 0.43% with focus on energy, plantation, financial stocks

Bursa Malaysia Bhd’s core net profit may have risen 34% in the first quarter, from a year earlier, on higher securities and derivatives trading activity when the exchange operator reports its results, Hong Leong Investment Bank said.

Bursa Malaysia 1Q earnings likely up 34% y-o-y, HLIB projects

Malaysia’s exports contracted at a slower than expected pace in March mainly due to lower foreign demand for electronics while shipments to China fell, official data Friday showed.

Malaysia’s March exports down 0.8%, imports surge 12.5%

The planned merger of Axiata Group Bhd, Malaysia’s largest telecommunications company by revenue, with India’s Bharti Airtel Ltd raises concerns as the latter's subsidiary Airtel Lanka is currently a loss-making company, analysts said.

Malaysia’s Axiata merger with Bharti Airtel of India raises earnings concern — analysts

RHB Retail Research said Inari Amertron Bhd is poised to challenge the RM3.27 resistance level once again, which would make this its fourth attempt this year.

Inari poised to challenge RM3.27 resistance, says RHB Retail Research 

The US on Thursday effectively stopped the United Nations from recognising a Palestinian state by casting a veto in the Security Council to deny the Palestinian Authority full membershipof the world body.

US stops UN from recognising a Palestinian state through membership

The amount of reserves in banking system — a key determinant for the Federal Reserve to continue shrinking its balance sheet — dropped by the most in two years as Americans paid income tax bills out of their bank accounts.

US bank reserve balances see largest drop since 2022 tax season

Melaka State Secretary Datuk Zaidi Johari died of a heart attack this morning. He was 54.

According to a statement from the Melaka Chief Minister’s Office, Zaidi breathed his last at about 8.15am at Hospital Melaka here.

The Edge Malaysia Best Managed & Sustainable Property Awards 2022

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The Edge Malaysia Best Managed & Sustainable Property Awards 2022

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