Waiting for cheer from GuocoLand’s divestments
GuocoLand Malaysia has entered into agreements to sell four assets — DC Tower Sdn Bhd, certain offices and car parks at Menara Pandan, a 679.2ha tract in Sepang and a 2,917 sq m parcel in Jalan Changkat Kia Peng, in Kuala Lumpur.
Kuala Lumpur soon to boom with mega projects
Sizeable infrastructure projects could have a cumulative gross development value (GDV) of over RM200 billion in the long term, and that is not including those further from the city centre.
PROPERTY SNAPSHOT 2: What’s affordable in Puchong South?
Based on theedgeproperty.com’s analysis of transactions in the 12 months to 3Q2014, the average transacted price was RM170 per square foot (psf) in 3Q2014, while the average transacted price per unit was RM127,000.
Johor state govt attempts to revitalise Mall of Medini in Nusajaya
The Medini Mall, a shopping centre located near Legoland Theme Park here will undergo a transformation in an effort to woo more visitors.
‘1MDB only holds 20% of Air Itam land purchased’
GEORGE TOWN: Government strategic fund 1Malaysia Development Bhd (1MDB) only holds 20% or 23.47 acres (9.5ha) of the 116.89 acres of freehold land it purchased in Air Itam in 2013, revealed Chief Minister Lim Guan Eng last Friday.
PROPERTY SNAPSHOT 1: The transformation of Puchong South
The average transacted price per square foot (psf) rose 6.3% y-o-y to reach RM170 psf in 3Q2014. This follows 12% y-o-y growth in the preceding year.
Budget reaffirms federal capital’s commitment to public housing
Mayor Datuk Mhd Nordin Abdul Aziz said that City Hall needed to ensure there were enough houses to accommodate Kuala Lumpur’s 1.8 million inhabitants.
Penang sets up committee for housing scheme redevelopment, upgrading
Penang housing exco Jagdeep Singh Deo told the state legislative assembly sitting yesterday that the new committee would look into planning and implementing redevelopment and regeneration programmes for public housing schemes.
