KL Property

03/11/2022

Is that good to settle the loan or put in fd?

BNM says inflationary pressures have been 'more persistent than expected'.

11/10/2022

The Malaysian 🇲🇾 Petronas Twin Towers built by Tun M has been replicated by India 🇮🇳

The Petronas Twin Towers which put our beloved country on the world map was once the world’s tallest tower in 1999 and still the world’s tallest twin towers today.

It is without a doubt so spectacular that its copycat has been built in a whole other country.

The copycat version appeared in a city called Kalyani in the West of Bengal, India in conjunction with a religious Hindu Festival called “Durga Puja”.

It is understood that this festival is a celebration of worship to the Hindu goddess, Durga.

At first look, the copycat looks like a mini version of the real Petronas Twin Towers.

Both towers have 88 floors, but instead of being 452 metres high, the copycat version in Kalyani is only around 45 metres- ten times smaller than the real Petronas Twin Towers in Kuala Lumpur.

At night, the copycat lights up in rainbow colours, seemingly very similar to our Petronas Twin Towers.

27/09/2022

KL GOLDEN TRIANGLE New Record

Low profile property tycoon Malton Berhad aka. Pavillion Group’s boss Tan Sri Desmond Lim has bought 3.25-acres of land in KL Golden Triangle where Hakka Restaurant site on at Jalan Kia Peng KL at RM4,000 psf (~RM566 million) !!!

The iconic restaurant’s corner land is just next to Pavilion’s Banyan Tree and across Pavilion KL

Is Pavilion Group’s boss planning to build extension of Pavilion KL and another hotel under the group?

(Source: https://9shares.my/会员─吉隆坡客家饭店黄金地-据传陆佑後人脱售-柏/?fbclid=IwAR2A2KOYnjKWBTJGGe8yNWmROjf-1uIC6e5MLg61yZscVh438qFstFV5GiQ)

13/09/2022

𝟏𝟗𝟖𝟕 𝐌𝐚𝐲𝐛𝐚𝐧𝐤 𝐇𝐐 𝐦𝐨𝐯𝐞 𝐭𝐨 𝐌𝐞𝐫𝐝𝐞𝐤𝐚 𝟏𝟏𝟖 𝐢𝐧 𝟐𝟎𝟐𝟓.

Maybank will rent PNB118 at approx RM69 million a year.
PNB will rent Maybank Tower at approx RM12 million a year.

Entire Maybank tower has 1 million sqft
33 floors of PNB118 has 650k sqft

PNB is Maybank's largest shareholder.

Maybank has naming rights to PNB118 since they are the largest tenant.

08/09/2022

https://www.thestar.com.my/business/business-news/2022/09/08/bank-negara-raises-opr-by-25-basis-points-to-25

Raises 25 basis point to 2.50% as expected

KUALA LUMPUR: At the conclusion of its monetary policy committee (MPC) meeting, Bank Negara increased the overnight policy rate by 25 basis points (bps) to 2.5%, in line with market expectations.

31/08/2022

Petronas towers in Malaysia. National flag colours, 2022…Happy Merdeka Day 65 Malaysia 🇲🇾🇲🇾🇲🇾

22/08/2022

Little Hong Kong in Malaysia. Razak City

21/08/2022

20/08/2022

KL118 🇲🇾🇲🇾 678.9m. The world's second tallest skyscraper. Tallest in South East Asia. Completing soon

19/08/2022

Standardised Base Rate (SBR): What is it, differences with BR and how will it affect loans in 2022?

Under the revised Reference Rate Framework BNM said the Standardised Base Rate (SBR) will replace the Base Rate (BR), giving more transparency to borrowers.