Puchong’s Southern comforts
New and younger homebuyers are attracted by its lower price points, ready amenities and good accessibility.
In Depth
Who's up, who's down: Will falling tourist arrivals pose a challenge for hotel owners next year?
Tourist arrivals for the first half of the year stood at just 43% of the full-year target and businesses in the sector have remained subdued
WCT’s weak property sales offset by stronger contract wins
For the third quarter ended Sept 30, 2015 (3QFY15), headline net profit of RM86 million brought cumulative nine-month (9MFY15) net profit to RM150 million.
IJM’s 1HFY16 results within expectations
IJM reported net profit of RM174.8 million for its second quarter FY16. The quarterly earnings tumbled 52.8% quarter-on-quarter (q-o-q), but jumped 13.1% year-on-year (y-o-y) as there was an one-off gain derived from the disposal of 74% equity interest in Jaipur Mahua Tollway Pvt Ltd totalling RM168.7 million.
Don't stop me now: Thriven Global Bhd to launch RM1.8 bil of projects in "distressed market"
Two projects are being built in Petaling Jaya — one opposite the Tropicana Golf & Country Resort and the other in Section 13 — and another two in Kepong and Bukit Tunku in Kuala Lumpur.
PROPERTY SNAPSHOT 4: What’s hot in Puchong South?
At Puchong South, the rental yields as calculated from asking rental prices as observed at June 2015 are fairly average, ranging between 4.3% - 6.5% annually.
UOA’s 3Q core net profit grows 54% to RM158.5 mil
The strong earnings were primarily attributed to higher margins from the recently completed Vertical Office Suites. As expected, no dividend was declared for the quarter.
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.
