News by M

Effective January last year, commercial banks are allowed to revise their reference rates (both BR and BLR).

For its Park Hill Residence and 1Malaysia Civil Servants Housing (PPA1M) projects in Bukit Jalil.

From the analysis of transactions by TheEdgeProperty.com, the average transacted price for non-landed homes in the secondary market was RM464 psf in 1Q2015, up 15.5% y-o-y.

Eco Majestic – a township by Eco World Development Group Bhd (EcoWorld) in Semenyih – has signed a memorandum of service agreement (MoA) with Telekom Malaysia (TM) to provide Internet connectivity readiness for its future residents, said the developer in a statement today.

Since its launch on May 25, 20 out of 52 units in the apartment project have been sold, said group managing director Datuk Lee Tian Hock at a media briefing. 

Its executive director Mohd Imran Mohammad Salim is confident that the property developer will achieve the target as the group will give priority to projects that are expected to do well.

The RM9 billion worth of jobs to be awarded under the third light rail transit (LRT) line project by the end of the year has been one of the bigger catalysts in the pipeline for the construction industry.

Based on transactions analysed by TheEdgeProperty.com, the average price of non-landed homes in the area was RM464 psf in 1Q2015, registering a 15.5% growth from RM402 psf in 1Q2014.

The contract comprises main building works for three blocks of apartments ranging from 21 to 25 floors and a car park podium with two floors.

Finalising deal to sell tract in Johor to China’s Tiarn Group.