News by M

S P Setia Bhd’s mixed development known as the Trio by Setia will mark its debut in Klang, Selangor. The developer currently has 30 ongoing property projects across Malaysia and overseas but this would be its first in Klang.

After a hiatus from launching new projects, Malaysia Land Properties Sdn Bhd (Mayland) had introduced a very different product from its usual offerings in the form of Hampton Damansara serviced apartments at Country Heights Damansara in Kuala Lumpur last November.

Works ministry still waiting for supporting documents from state government.

Malaysians should change their mindset and rent houses for a longer period instead of buying them at a young age so as to avoid being trapped in a huge long-term debt, says Second Finance Minister Datuk Seri Johari Abdul Ghani.

买家青睐KL Sentral的交通便利，因此愿意以RM165万或每平方尺RM1,103买下这间高档公寓。

Yong Tai Bhd’s largest shareholder, Hong Kong-listed Impression Culture Asia Ltd, has pared down its controlling stake in the company to 28.73% after disposing of 25 million shares or a 5.75% stake in off market trades.

OCBC Investment Research is maintaining its “buy” call on CapitaLand Ltd, raising its fair value estimate on the stock from S$3.68 to S$3.93 after recent news broke on the group’s developments in Vietnam and Singapore.

The launch event for the e-Lelong system was initially scheduled for March 29 (yesterday) at the Kuantan Court Complex in Pahang.

The group plans to build an 18-storey service apartment with 88 units of service apartments and 13 units of shop lots on the land.

According to sources quoted by The Edge Financial Daily, the developer is believed to have found a strategic investor to pump in fresh capital to kick-start land reclamation for Phase 2A of the Seri Tanjung Pinang (STP) development — part of the remaining 760-acre STP project.