News by Lam Jian Wyn

Eco World Development Bhd (EcoWorld) is acquiring a 300-acre leasehold parcel in Mukim 13, Seberang Perai, owned by Batu Kawan Development Sdn Bhd (formerly Abad Naluri Sdn Bhd).

S P Setia Group's Jet Set with Setia campaign has helped two lucky winners, Tai Yu Jen and Tang Lih Pin to fulfil one of their longstanding wishes -- bringing their fathers for a relaxing trip to China.

Buyers – some of them having queued up from 2am at the sales gallery’s guard house – gave the developer cheques worth RM5,000 to secure the opportunity to select their apartments at a later date, which falls either at the end of February or in early March.

We find out what some deal breakers are for couples in search of their ideal first home.

As a wise property tycoon once said, “In danger lies opportunity”.

The move to immediately limit sales of new homes priced up to RM300,000 to first-time homebuyers has drawn especially strong reactions.

Only standard three-bedroom flats with sizes of 700 to 750 sq ft in Green Lane appreciated by 11.7% to RM380,000 from RM340,000, while average prices of standard three-bedroom apartments/condominiums (excluding luxury types) of over 900 sq ft in Island Park/Glades inched up 2.1% to RM480,000, from RM470,000 in 3Q2014.

This is the company’s second project in Australia.

Malaysian REIT Managers Association chairman Datuk Stewart LaBrooy notes that MREITs may have the opportunity to buy properties from companies seeking to monetise their assets to recapitalise their balance sheets given the economic slowdown.

Sunway Bhd has retained its top spot in the overall ranking of The Edge Malaysia Top Property Developers Awards for the second year running. It also takes the sub award for Best in Qualitative Attributes again.