Rise for 3 consecutive weeks
The government has compulsorily acquired 0.328 acres of land from Hektar REIT for the proposed extension of the Kelana Jaya Light Rail Transit (LRT) Phase 2 project located in
Subang Jaya for a compensation amount of RM4.16m (or RM290.85psf). However, AmTrustee, the Trustee for Hektar REIT has filed an appeal on the compensation amount.
KUALA LUMPUR: Talam Corp Bhd is settling the RM241.36 million owing to Menteri Besar Selangor (Inc) by disposal of properties and cash payment and it will result in the company recording losses of up to RM21.16 million.It said on Monday, March 15 the cash payment was RM12.67 million while unencumbered properties were valued at RM44.72 million and encumbered properties at RM183.97 million.The se
KUALA LUMPUR: Talam Corp Bhd is settling the RM241.36 million owing to Menteri Besar Selangor (Inc) by disposal of PROPERTIES and cash payment and it will result in the company recording losses of up to RM21.16 million.
LONDON: The annual growth in asking prices for residential property in England and Wales slowed in March for the first time in a year after a glut of houses came on to the market, property website Rightmove said on Monday (March 15).
Year-on-year price growth slowed to 5.3% from February's 6.1% -- the first fall in the annual rate since it reached its nadir of -9.1% in February 2009.
The rise in interest rates in Malaysia is not likely to have an adverse impact on the property sector as the percentage of increase is not high, managing director of property consultancy CB Richard Ellis Malaysia (CBRE Malaysia) Allan Soo tells City & Country. Although the domestic property market is easily influenced by factors such as interest rates and the performance of the global econ