Cheras is seeing some exciting new developments such as MyTOWN Shopping Centre by Boustead Holdings Bhd and Ikano Pte Ltd as well as Sunway Velocity by Sunway Bhd.

After a tiring work day, you settle down on your couch ready to catch your favourite football team in action. Just as you switch to the right channel, you feel something wet on your head – little droplets – just like scenes from the Japanese horror movie, Dark Water.

Nusmetro Property Sdn Bhd believes homebuyers are looking for projects in specific locations and developments that fit their lifestyle. “Market demands are ever evolving. As a developer, you are either creating or chasing a trend. At Nusmetro, we focus on designs that are unique, that allow people to live in a different way. Right now, we are focusing on centrally located studios and duplexes to provide homebuyers with accessible luxury,” says its corporate communication manager Brie.

A new man is in charge. Datuk Muhammad Ibrahim took the reins from Tan Sri Zeti Akhtar Aziz as Bank Negara Malaysia (BNM) governor on May 1.

Investors have to study the location, the developer and the future growth potential of a property or project before buying.

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A meeting with a banker would probably be all about the numbers. This also seems to ring true for former bankers, like Paramount Corp Bhd group CEO Jeffrey Chew. During his interview with City & Country recently, he started off with a presentation of the company’s financial performance, before going on to highlight numbers from the National Property Information Centre.

Growth in average prices was more significant among the more affordable properties. The top performer by relative average price growth was Kelana Impian, with prices up 21.8% to reach RM341 psf in the 12 months to 1Q2015.

MRCB-Quill REIT’s first quarter of financial year 2016 (1QFY16) gross revenue of RM32.7 million, up by 75.5% year-on-year (y-o-y), was translated into a normalised net profit of RM15.24 million (84.1% higher y-o-y), accounting for 26.2% and 26.8% of Hong Leong Investment Bank Research and consensus full-year forecasts respectively. There were no dividends in the quarter as its dividends are usually declared semi-annually.