News about AI

KUALA LUMPUR (May 24): Deputy minister of Federal Territories Datuk Loga Bala Mohan said Kuala Lumpur City Hall (DBKL) will be spending a total of RM92 million to upgrade infrastructure in Kuala Lumpur (KL), to prevent further floods in the future.

ESTABLISHED property company and hotelier, IGB Corp Bhd, is believed to be in talks to dispose of its 20-year-old, 910-room Renaissance Kuala Lumpur hotel to a little-known Singapore company for just below RM800 million.

KUALA LUMPUR (May 23): Koong Wai Seng has been appointed as the new chief executive officer (CEO) of property developer Sunsuria Bhd, with effect from today.

•     This week, the focus is on the secondary market of non-landed residences in Selangor’s UEP Subang Jaya better known as USJ.

PROPERTY transaction costs and taxation are becoming increasingly important considerations for investors.

Hua Yang Bhd (May 19, RM1.

IF you are looking to own a non-landed home in the capital city of Kuala Lumpur with RM500,000 in your bank account, where do you think you would get the most spacious property? According to the Malaysian Statistics Department, there are 11 districts in Kuala Lumpur: Bukit Bintang, Lembah Pantai, Seputeh, Sentul, Titiwangsa, Setiawangsa, Kepong, Segambut, Cheras, Wangsa Maju and Bandar Tun Razak.

PETALING JAYA (May 19): 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.

•    Today, we look at price growth and indicative asking rental yields for non-landed homes in Subang Jaya.

KUALA LUMPUR (May 17): IJM Land Bhd will be unveiling its first commercial development in Pantai Sentral Park in Bukit Kerinchi, Kuala Lumpur, which carries a gross development value (GDV) of about RM500 million by the end of this year, said IJM Land Bhd central region senior general manager Hoo Kim See.