Occupancy rates for purpose-built offices in Kuala Lumpur city continued its decline to record at 80.7% in 1H2017 compared with 82.8% in 2H2016.

The 328 serviced residences at Citrine Hub in Sunway Iskandar will be handed over in October this year.

The phase 1 launch this weekend comprises 76 units of 2- and 3-storey link villas. All were sold out by the end of today. Interested buyers had queued up at the sales gallery for the launch since 2am yesterday.

The competition was held in conjunction with The Happiness in the City campaign which kickstarted with TheEdgeProperty.com-Lafarge Happiness in the City Index 2017 survey.

With a gross development value of about RM100 million, Andira Park is a gated-and-guarded landed stratified development covering 8.33 acres on a freehold site at the developer's township development Bukit Puchong, Selangor.

Enra said the property development division saw a lower profit due to sales of inventory units of Shamelin Star, which were completed in the previous financial year.

"We will be focusing on the marketing and sale of the Picasso Residence units and working on timely construction of the development for PRG."

Almost all of Magna Prima’s topline in 1HFY17 was derived from its property development division.

Development aimed at young homebuyers, especially those working in Singapore and may not have the time to pay a visit to the sales gallery.

The slow progress of amending the Uniform Building By-Laws is also hampering the implementation process of Industrialised Building System.