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MIEA organises the 30th Malaysian Annual Real Estate Convention

Organising chairwoman Amanda Goh said a diverse range of topics are planned for the convention, from the much sought-after market outlook to even a discussion on the psychology of selling. The event is expected to attract 400 participants.

More pressure on KL commercial property this year

According to the recently-released “Property Market Review 2015/2016” report by Rahim & Co, there are about eight million sq ft of upcoming office space in the pipeline over the next four years.

Serene Villas sees 60% take-up rate

Serene Villas is a gated and guarded community with modern architectural style that comprises 60 units of 2-storey cluster homes and 28 units of 2-storey superlink homes surrounded by a backdrop of verdant landscapes and towering limestone hills.

MKH takes part in redevelopment of Pekeliling flats

MKH Bhd’s indirect subsidiary Amona Metro Development Sdn Bhd plans to acquire a 84% stake in Temara Pekeliling Sdn Bhd, the owner of a 1.5-acre (0.61ha) leasehold plot in Jalan Tun Razak, part of where the Pekeliling flats used to stand, for RM5 million.

AmProp’s 3Q net profit falls 9.4% to RM5.33 mil

The lower profit could be due to higher cost of sales, which increased to RM32.25 million in 3QFY16 versus RM24.97 million a year ago, according to its filing with Bursa Malaysia yesterday.