Editor's Pick

Oversupply? Then why are more malls being built?

In Greater Kuala Lumpur (comprising KL city and Klang Valley suburbs), the total retail supply increased by 2 million sq ft or 3.1% year-on-year (y-o-y) to 64.3 million sq ft last year, mainly due to the completion of seven new malls.

Kerjaya Prospek to stamp its mark on Old Klang Road

Kerjaya Prospek Property Sdn Bhd is targeting to launch its latest mixed-use development called Bloomsvale @ Old Klang Road in the fourth quarter of this year. Sitting on 5.2 acres of freehold land, the project with a RM1.2 billion gross development value comprises two blocks of serviced apartments, a hotel, office suites and a shopping mall.

An affordable PJ address

As property prices climb and with an increasing number of high-rise residences coming up, the old areas in PJ could be more affordable and attractive to those looking for landed homes with a PJ address.

LPPSA aims to disburse RM12b in home loans this year

Chief executive officer Datuk Kamal Mohd Ali said the board has to date disbursed close to RM6 billion in loans to 20,000 applicants. "We have about 800,000 active account holders with RM70 billion in total loans.

Settle your maintenance fees, or else

Owners of three units at Vista Hatamas in Cheras had their properties “raided” by the JMB with the support of Kajang Municipal Council (MPKj) Commissioner of Buildings (COB) to recover more than RM22,000 worth of overdue maintenance fees.

Datuk accused of bribing Ku Nan seeks to dismiss joint trial application

Datuk Tan Eng Boon is accused of giving — and Ku Nan receiving — RM1 million for the approval of Nucleus Properties Sdn Bhd's application (now known as Paragon City Development Sdn Bhd) to increase the plot ratio relating to the development of Lot 228 along Jalan Semarak.