M101 on track to launch 10 projects worth RM4 bil by 2020
The group, however, remains tight-lipped on the details of upcoming projects.
The group, however, remains tight-lipped on the details of upcoming projects.
Thai developer Sansiri PCL will launch its condominium project The Base Park East this weekend in Bandar Utama.
“We are beginning to see more auctioned properties in Johor and the number is gradually increasing,” said KGV International Property Consultants (M) Sdn Bhd director Samuel Tan.
EcoFirst attributed its stellar performance to its Upper East @ Tiger Lane luxury condominium project in Ipoh, Perak, which contributed 75% of the group's revenue, as well as consistent recurring earnings from its two malls — South City Plaza in Sri Kembangan, Selangor, and 1Segamat Mall, Johor.
Menteri Besar Datuk Seri Mohamad Hasan said the project had been delayed due to a land acquisition issue which had been resolved.
Sold for: RM3.6 million or RM880psf; Concluded by: Freeman Woo Chee Meng of MIP Properties (012-656 7617); When: January 2016
According to Knight Frank’s report, there are currently 92.5 million sq ft of office space in the Klang Valley. However, 65% of the supply are Grade B and C offices, which have lower occupancy rates and rental growth.
The tests are in preparation for the Phase 2 of the LRT Line Extension Project (LEP) which is expected to be operational at the end of March.
The current property market slowdown will be positive in the long-term as it is reining in the rapid price increases, cooling the market and reducing speculation, said Henry Butcher (M) Sdn Bhd COO Tang Chee Meng.
Under the MoA, FELDA and Encorp are nominating Encorp Bukit Katil Sdn Bhd as the master developer of the township.