Mah Sing Group Bhd has entered into an agreement to acquire 3.56 acres (1.44ha) of freehold land in Titiwangsa, Kuala Lumpur. We gather that Mah Sing plans to develop condominiums with an indicative built-up from 850 sq ft (priced from RM485,000) with a total gross development value of up to RM650 million.

UEM Sunrise Bhd reported its first quarter ended March 31, 2017 (1QFY17) core net profit of RM54.4 million (+2% quarter-on-quarter [q-o-q], +17-fold year-on-year [y-o-y]), comprising 27% of our estimates.

There is no denying that more and more people are moving into cities and urban centres to earn a living and to build a future for themselves and their families.

On Tuesday, Eversendai Corp Bhd announced that it had secured new contracts of over RM557.6 million since April, bringing year-to-date (YTD) contracts won to RM1.3 billion.

Over the past decade, condominium projects linked to an MRT station have generated strong sales. This is especially so for projects that are not only linked to an MRT station, but also part of an integrated development with a sizeable commercial component such as a shopping mall.

The office market is now abuzz, as sentiment has swung from pessimism to optimism in just one year. Fears of an oversupply in the office market 18 months ago have evaporated, with investors now forecasting a period of relatively modest supply in 2018 to 2020. Jeremy Lake, CBRE executive director of capital markets, observes: “Singapore goes through periods of too much office space, and then periods of relative shortage.”

We have identified four mega rail projects that will be rolled out over the next two to three years. These include the East Coast Rail Link (ECRL), Kuala Lumpur-Singapore High-Speed Rail (HSR), Gemas-Johor Bahru electrified double-tracking (EDT) project and mass rapid transit 3 (MRT3) Circle Line. Collectively, these mega rail projects will have a total cost of RM171 billion.

Location and price are typically some of the top factors a buyer considers when choosing a property. However, there are also other elements at play in providing a pleasant experience to homebuyers.

The current oversupply of office buildings especially in the Klang Valley has been plaguing the industry in recent years, but are we seeing any light at the end of the tunnel? How attractive are we as an office destination to global businesses?

Components in the Sunway City master plan complement each other in the township.