The tender is scheduled to be jointly called in the fourth quarter of 2017 by both MyHSR and the Singapore Land Transport Authority.
The merger of PropNex and DWG marks a defining moment in the real estate agency business. However, the game of musical chairs by real estate agents is likely to intensify as other agencies look to beef up their sales force in a quest for growth.
The transaction volume in Prime Central London is expected to slow, while UK commercial real estate is on fairly steady footing.
BBCC Development Sdn Bhd will be launching the second block of serviced apartments at Bukit Bintang City Centre (BBCC) in the third quarter of 2017.
Average house prices rose by 6.5% across 55 countries tracked by global real estate firm Knight Frank for 1Q2017.
Najib described the planned Bukit Bintang City Centre as a "significant national-level development" due to its ability to attract foreign investments into Malaysia.
Eastern & Oriental Bhd (E&O) is selling its subsidiary E&O Express Sdn Bhd which owns and operates the Lone Pine Hotel in Batu Ferringhi, Penang, for RM85 million.
This is due to strong order book, keeping group busy until 2019.