DESPITE years of discussion between the government and private developers, the issue of affordable housing remains unresolved, while demand for homes keeps growing.

Earlier this month, it was reported that the Johor government threatened to confiscate the lands of Johor-based property developers who fail to build affordable homes costing RM150,000 per unit.

PROPERTY players, consultants and astute real estate investors in the Klang Valley are training their sights on Selangor’s Seri Kembangan. Their interest centres on Senja, a high-end gated-and-guarded landed project, set to be unveiled anytime now.

KUALA LUMPUR: The supply of office space in 2014 is expected to exceed that in 2013 with as much as 6.27 million sq ft in Greater KL, according to C B Richard Ellis (CBRE) Malaysia’s latest market view report. CBRE noted that although a considerable supply is in strata-title or secondary buildings, the market is poised to favour tenants in the near future.

KUALA LUMPUR: YTL Land & Development Bhd has completed phase 1 of Sentul Skywalk, an overhead bridge spanning across Jalan Sentul connecting commercial blocks D6 and D7.

KUALA LUMPUR: The greater KL housing market is poised for stabilisation, with the significant growth in capital values seen since 2009 being replaced by an era of more gradual increases, according to CB Richard Ellis Malaysia’s (CBRE) latest market view report.CBRE partly attributed the growth of capital values in many areas of Greater KL since 2009 to a decline in new starts.

KUALA LUMPUR: Salcon Bhd’s maiden project rés 280 is off to a good start, with 70% of the units sold during its launch on Oct 6.The leasehold small office-home office (SoHo) development is located in Selayang. It comprises 280 two-bedroom and two-bathroom units.

KUALA LUMPUR: MMC Corp Bhd and its joint venture (JV) partner Mudajaya Group Bhd are believed to be the front runner for the central spine road project that stretches from Kota Baru in Kelantan to Simpang Pelangi in Bentong, Pahang.

The project is estimated to cost RM8 billion based on earlier reports, which quoted former Works Minister Datuk Seri Shaziman Abu Mansor.

KUALA LUMPUR: Ho Hup Construction Company Bhd, which will be lifted from its PN17 status soon, is expected to be back on the growth path with its current property and construction projects.

“We have [earnings] visibility for another three years,” said its executive director Derek Wong Kit Leong.