Napic: Weak property market performance in Sabah in 2015
Sabah’s property market showed a downtrend in 2015 with the decrease of all sub-sectors and fewer new properties launched.
Sabah’s property market showed a downtrend in 2015 with the decrease of all sub-sectors and fewer new properties launched.
Crest Builder Holdings Bhd has enterd into a joint venture (JV) with Prasarana Malaysia Bhd and Detik Utuh Sdn Bhd to develop Latitud 8, a mixed-commercial development which has a total gross development value (GDV) of RM1.1 billion.
Perbadanan PR1MA Malaysia said all its Penang project plans are priced at an average of 20% below market prices in surrounding areas and in line with the state’s planning guidelines.
The first show apartments by internationally-renowned architectural firm Gehry Partners is opening at the iconic Battersea Power Station rejuvenation project.
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.
The residential sub-sector still took up the largest share of the market, contributing 65.2% in volume and 49% in value.
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.
Nippon Paint Malaysia Group showcased its second “Trend Beyond Colours”, which features nine key colour palettes, that are forecasted to drive utilisation across various industries and applications in 2016 and 2017.
Eco Somerset comprises 88 units of 2-storey and 3-storey lifestyle shop offices with built-up sizes between 3,000 sq ft and 6,000 sq ft.
Infrastructure conglomerate, AlloyMtd Group, will embark on two projects in the Philippines with a combined contract value of close to RM400 million.