{"id":41552,"date":"2017-01-23T12:03:02","date_gmt":"2017-01-23T05:03:02","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/malaysian-property-projects-worth-us2-5-billion-on-hold\/"},"modified":"2017-01-23T12:04:16","modified_gmt":"2017-01-23T05:04:16","slug":"malaysian-property-projects-worth-us2-5-billion-on-hold","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/malaysian-property-projects-worth-us2-5-billion-on-hold\/","title":{"rendered":"Malaysian property projects worth US$2.5 billion on hold"},"content":{"rendered":"<p>&#013;<br \/>\nBy Sangeetha Amarthalingam<br \/>\nThe Business Processing Outsourcing Prime (BPO Prime) and Penang International Technology Park (PITP) projects worth a combined RM11.3 billion (US$2.5 billion), which involve the Penang Development Corp (PDC) and Singapore\u2019s Temasek Holdings Private Ltd, have been deferred due to current property market conditions.<br \/>\nThe BPO Prime project with a gross development value (GDV) of RM1.3 billion (US$0.29 billion) in Bayan Baru, Penang was to be completed in 2019&#8230;.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/international\/article\/2064584\/malaysian-property-projects-worth-us25-billion-hold\" target=\"_blank\">Malaysian property projects worth US.5 billion on hold<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; By Sangeetha Amarthalingam The Business Processing Outsourcing Prime (BPO Prime) and Penang International Technology Park&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-41552","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-aOc","jetpack-related-posts":[{"id":18136,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/despite-malaysias-property-slump-things-are-looking-up-in-penang\/","url_meta":{"origin":41552,"position":0},"title":"Despite Malaysia\u2019s property slump, things are looking up in Penang","date":"June 30, 2016","format":false,"excerpt":"\r The Malaysian state\u2019s skyline is shifting View from Penang Hill. Image credit: Jan (Flickr) While the rest of Malaysia languishes in a lethargic property market, business is looking comparatively brisk in Penang, and its skyline is about to get more crowded. High-rises and skyscrapers are in various stages of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33446,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/these-secondary-malaysian-markets-buck-the-property-slump\/","url_meta":{"origin":41552,"position":1},"title":"These secondary Malaysian markets buck the property slump","date":"November 8, 2016","format":false,"excerpt":"\r More transactions than the primary market Despite a dip in overall transactions, the secondary market in Penang and Johor remained strong this year with a steady number of transactions, reported The Star. During the first six months of 2016, the secondary market registered 5,658 transactions valued at RM2.17 billion\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14452,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/in-the-next-10-years-kuala-lumpur-is-set-to-become-a-major-airport-city\/","url_meta":{"origin":41552,"position":2},"title":"In the next 10 years, Kuala Lumpur is set to become a major airport city","date":"May 26, 2016","format":false,"excerpt":"\r Malaysia to build the ambitious KLIA Aeropolis Image credit: New Straits Times\/Muhd Asyraf Sawal Malaysian federal\u00a0officials recently\u00a0announced plans\u00a0to build a 100 sq km aviation hub, to be known as KLIA Aeropolis, on a large commercial real estate space\u00a0surrounding the Kuala Lumpur International Airport (KLIA) in Sepang. According to PropertyGuru.com.my,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34700,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/for-sale-malaysian-history\/","url_meta":{"origin":41552,"position":3},"title":"For sale: Malaysian history","date":"November 17, 2016","format":false,"excerpt":"\r Restoring heritage properties isn\u2019t worth it to some Malaysians A mural in the old quarter of George Town in Malaysia. Lev Levin \/ Shutterstock.com More heritage home owners are selling their properties in Penang, and it\u2019s not just because of beguiling offers from foreign buyers. Layers of bureaucracy, combined\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18832,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-happens-now-to-malaysian-property-investments-in-london-after-brexit\/","url_meta":{"origin":41552,"position":4},"title":"What happens now to Malaysian property investments in London after Brexit?","date":"July 6, 2016","format":false,"excerpt":"\r No turning back for the UK\u2019s Malaysian investors London\u2019s iconic Battersea Power Station. Image credit: August Brill (Flickr) Malaysian real estate players are confident they won\u2019t be losing out as a result of the UK\u2019s Brexit vote, despite widespread caution as a result of the devaluation of the pound.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112890,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-buyers-fall-in-love-with-malaysias-penang-and-stars-like-aaron-kwok-agree\/","url_meta":{"origin":41552,"position":5},"title":"Hong Kong property buyers fall in love with Malaysia\u2019s Penang and stars like Aaron Kwok agree","date":"December 5, 2019","format":false,"excerpt":"\r Hong Kong house buyers are looking around the Malaysian state of Penang, attracted by lower prices, regular flights and cheaper cost of living. And they\u2019re not alone: several Hong Kong celebrities have already made the move.\u201cHong Kong people buying properties in Penang is not something new. But the number\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/41552"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=41552"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/41552\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=41552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=41552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=41552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}