The property sector’s wish list for new BNM governor
A new man is in charge. Datuk Muhammad Ibrahim took the reins from Tan Sri Zeti Akhtar Aziz as Bank Negara Malaysia (BNM) governor on May 1.
Lembaga Tabung Haji plans to sell London office property
The property is expected to sell for about £200 million (RM1.16 billion).
PROPERTY SNAPSHOT 4: What’s hot in Kelana Jaya?
Growth in average prices was more significant among the more affordable properties. The top performer by relative average price growth was Kelana Impian, with prices up 21.8% to reach RM341 psf in the 12 months to 1Q2015.
Blackstone in negotiations to buy Sime Darby’s Aussie assets, says report
Five industrial buildings in Australia could be acquired by Blackstone Group, said the report. Sime Darby is planning to sell property assets in Australia and Singapore so that it can reduce debt.
PROPERTY SNAPSHOT 3: What are developments priced in Kelana Jaya?
Today, we continue our focus on Kelana Jaya by looking at average prices on a per square foot (psf) basis. Based on transactions analysed by TheEdgeProperty.com, the average price of non-landed homes in the area has remained steady at RM431 psf in 1Q2015.
PROPERTY SNAPSHOT 2: What’s affordable in Kelana Jaya?
Home to Paradigm Mall and serviced by the Kelana Jaya LRT Line, Kelana Jaya is a highly popular neighbourhood. Based on TheEdgeProperty.com’s analysis of transactions, the average transacted price was RM431 psf in 1Q2015 while the average transacted price per unit was about RM516,000.
PROPERTY SNAPSHOT 1: Prices stabilise in Kelana Jaya
This week, the spotlight falls on the secondary market of non-landed residences in Kelana Jaya, Selangor. The areas covered include Aman Suria, Taman Mayang, Taman Mayang Jaya, Taman Bukit Emas, Taman Kelana Idaman, SS3, SS4, SS5, SS6 and SS7.
Redevelopment work on Plaza Rakyat expected to start in June 2017
The Plaza Rakyat project was abandoned in 1997 during the Asia-Pacific financial crisis and after developer Plaza Rakyat Sdn Bhd ran into financial problems.
CIDB certificates needed from June 1
New ruling applies to all (local and foreign) skilled construction workers and site supervisors, but excludes general construction workers.
Foreign investors like Malaysian property: Analyst
IQI Group Holdings chief economist/investment strategies Shan Saeed said Malaysia's property segment was growing in a structured manner and this would continue to attract investments from Europe, China, Japan and South Korea.
