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The lure of Seremban

Compared with Kuala Lumpur and Petaling Jaya, property prices in Seremban are still moderate despite having risen in the last two to three years.Newly-launched properties in Seremban are going at a premium, thanks to increased demand stemmed mainly from improved accessibility. Seremban is only a 20-minute drive from Kajang via Kajang-Seremban Highway (Lekas Highway) and 45 minutes to Kuala Lump

Trinity Group: April launch for Bukit Jalil condo

KUALA LUMPUR: Trinity Group Sdn Bhd aims to launch The Z Residence project at Bukit Jalil in April, said its managing director Datuk Neoh Soo Keat.The condominium will be developed on a seven-acre freehold site with a gross development value (GDV) of RM400 million, he told The Edge Financial Daily via e-mail.The Z Residence, which is currently open for registration, will be the group’s first la

Sime Darby - 2QFY11 results in line

Sime Darby
2QFY11 results in line

• Sime booked 2QFY11 earnings of RM877.1m – in line

• Wet weather affected plantations and industrials operations during the quarter

China Vice Premier urges more action to ease home prices

BEIJING: China should take further decisive action to cool its housing market, Vice Premier Li Keqiang was quoted as saying, underscoring difficulties faced by the government in taming property prices.

In remarks published by Xinhua late on Feb 24, Li said China's government needs to effectively curb speculative buying of homes while raising the supply of affordable housing.

Land promised for 35,400 flats in 2012

HONG KONG: Secretary for Development Carrie Lam Cheng Yuet-ngor said on Feb 24 that land would be made available next year that could realistically yield about 35,400 flats.

PJ Development 2Q pre-tax profit rose to RM21.9 million

KUALA LUMPUR: PJ Development Holdings Bhd's pre-tax profit for the second quarter ended Dec 31, 2010 rose to RM21.9 million from RM20.8 million in the same quarter in 2009. Its revenue, however, fell to RM145.8 million from RM173 million previously.