Developers of affordable housing may ride downturn better
Developers with a chunk of their sales in affordable housing are expected to weather the storm much better than those with high-end products, say analysts and real estate consultants.
PROPERTY SNAPSHOT 4: What’s hot in Subang/Ara Damansara?
Rental yields are higher in Subang than in Ara Damansara, due to the lower capital bases and generally smaller unit sizes found at the apartments and low-cost flats in Subang.
PROPERTY SNAPSHOT 3: What are developments priced in Subang/Ara Damansara?
The property market in Ara Damansara has benefitted from its proximity to the established neighbourhoods of Kelana Jaya and Petaling Jaya while the property market in Subang has stagnated.
Is the worst over for the housing market?
While the Malaysian economy is not in a full-blown crisis, the slowdown is definitely giving many developers a headache.
MRCB close to clinching RM700m DASH contract
Property and infrastructure developer Malaysian Resources Corp Bhd (MRCB) is close to securing a RM700 million work package for the Damansara-Shah Alam Highway (DASH) project, say sources with knowledge of the matter.
PROPERTY SNAPSHOT 2: What’s affordable in Subang/Ara Damansara?
The most expensive project by far is Ara Hill Condominium, with an average price per unit at RM1.4 million.
Team Keris offers 15% discount for ‘Treetops’ condo in Ipoh
The five-day programme organised by Team Keris is in conjunction with the Hari Raya Aidilfitri festive season.
NWP eyes property development, construction opportunities to return to the black
NWP has been posting losses since 2006.
MRT V205 and V206 packages to be open for tender in 3Q
According to MRT Corp director of strategic communications and stakeholder relations Datuk Najmuddin Abdullah, the packages will be awarded in 2017.
