Transaction news in The Kuala Lumpur Performing Arts Centre Klpac Kuala Lumpur
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Mydin to open first supermarket at LBS's KITA Cybersouth township
LBS Bina Group has signed a lease agreement with Mydin to open the first supermarket at its KITA Cybersouth township in Sepang. The new Mydin store will occupy 24,000 square feet on a 1.37-acre site, serving residents of the 633-acre integrated development.
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Office unit at MOF Inc Tower in KL rented for RM80,130
An office unit at MOF Inc Tower in Kuala Lumpur was leased for RM80,130 per month. The tenants were attracted by the fully furnished unit and suitable rental terms for their expansion plans. The average asking rate for similar units in the building is RM50,351.18 per month.
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Kwasa Land seeks approval to turn 60 acres of commercial land in Kwasa Damansara into homes
Kwasa Land, an EPF subsidiary, plans to convert about 60 acres, or 13%, of commercial land in Kwasa Damansara into residential plots, pending local authority approval. The move aims to rebalance the township's master plan after market studies showed the commercial component was too high. The township targets over 60,000 residents in five years and 100,000 by 2050.
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Orgabio buys Semenyih industrial property for RM11.26m to expand warehousing
Orgabio Holdings is acquiring a freehold industrial property in Semenyih, Selangor for RM11.26 million. The company plans to use the site, which is adjacent to its new factory, for warehousing to support its instant beverage premix operations.