A surprisingly positive response to a not-so-affordable property.

“Quite an adventure”. This is how Lee, a lawyer from Sungai Buloh, summed up the experience he and his wife had in buying a semi-detached home at Setia Eco Templer. The couple was among those who had queued overnight to secure their dream home.

Rented for: RM10,000; Concluded by: Rajesh V Hassaram of One Sunterra Properties Sdn Bhd (016-222 5604); When: March 2016

Property developer Juta Asia Corp and Singapore’s CapitaLand will hold a preview for the genKL condominium development, which comprises 332 units, in Kuchai Lama at Bangsar South this weekend, said CapitaLand Malaysia in a press release on behalf of both parties.

Mah Sing Foundation, a charitable trust established by property developer Mah Sing Group Bhd, contributed RM100,000 to DAYBREAK Society recently, the group announced in a press release.

A survey by Australian property investment portal Investorist showed that China’s property investors have raised their average budget for foreign property purchases to US$500,000 (RM2.04 million) this year, compared with just under that amount last year.

The Penang government’s management of its bumiputera housing quota has been found to be below par by the Auditor-General's Report 2015, Series 1, Bernama reported today.    

K Soma Sundram – the recipient of the Real Estate Agent of the year award 2016 from Board of Valuers, Appraisers and Estate Agents Malaysia (Bovaea) – hopes that the local estate agency industry will work towards becoming more professional.

In end-2014, Kelantan, Terengganu, Pahang, Perak and Sabah were hit by huge floods that displaced hundreds of families and caused significant economic hardship.

S P Setia Bhd is confident of achieving its RM4 billion property sales target for financial year ending Dec 31, 2016 (FY16) by being selective of projects the company chooses to pursue.