News by M

Mah Sing Group Bhd has succeeded in the High Court to strike out the claims by seven persons that the RM359.5 million sale and purchase agreement (SPA) between Mah Sing’s wholly-owned unit and three land trustees is invalid.

 The property market in Setapak consists mainly of mass-market condominiums and apartments.

DBKL executive director of economic development, Datuk Mohd Sauffi Mohamad said stern action will be taken against those who abuse the PPR and PA housing schemes. "We take back the houses," he warned.

Spring Gallery said its wholly-owned subsidiary Profit Sunland Sdn Bhd had signed a managing contractor agreement with Prinsip Nusantara Sdn Bhd for the proposed project.

Setapak has an abundance of high-rise residences, most of which are priced to target the middle class.

Infrastructure conglomerate, AlloyMtd Group, will embark on two projects in the Philippines with a combined contract value of close to RM400 million.

Year-on-year (y-o-y) earnings growth was largely supported by additional contributions from its new assets and improved profits from Gurney Plaza and East Coast Mall. However, we remain cautious about Sungei Wang Plaza (SWP), which could limit near-term earnings.

This week, the spotlight falls on the secondary market of non-landed residences in one of Kuala Lumpur’s oldest suburbs, Setapak. Areas covered span from Taman Melati at the north and bounded by the Duta-Ulu Kelang Expressway (DUKE) at the south.

Entrepreneur Priti Devi says dressing your home is easy if you buy what you love and prioritise quality — and she shows you how to with her luxury home accessory and interior styling portal, decorator’s notebook.

The project is a 23-storey tower with 888 serviced apartments that will have built-ups of 650 to 1,500 sq ft and 13 retail units.