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Selangor focuses on rehabilitating abandoned projects

PETALING JAYA: The Selangor state government is trying to revive as many abandoned housing projects as possible in the state. As of June 2009, the state government has identified and allotted 18 projects (involving 15,128 units of homes) to be undertaken by new developers and financiers willing to revive them, said state executive councillor Iskandar A Samad.

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Kuala Lumpur’s property market holds steady in most areas

PETALING JAYA: There were no major surprises when it comes to reviewing the property market’s performance for 1H2009. The global economic slowdown brought growth from a gallop to a slow walk but Kuala Lumpur’s property market held steady in most areas, albeit with more dips than spikes.

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City & Country: Going by the ballot

After the haphazard overnight queuings during the last two launches by I&P Group Sdn Bhd, the developer has resorted to the balloting system in its latest launches in Bandar Kinrara, Puchong, on Oct 10 and 11, respectively.In August, when I&P launched Temasya Suria @ Glenmarie superlink homes in Shah Alam, some buyers queued for seven days and eight nights, while at the launch of the Se

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Klang Valley Office Monitor (3Q2009): Leasing market likely to be more active

As market sentiment continues to improve in the belief that the recession has bottomed out, the office segment in the Klang Valley has started to show some slight movement in 3Q2009, with more enquiries for office space for lease from potential tenants.“With renewed optimism about the economy and the property front, there is a good chance that potential tenants will commit themselves to the att

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