PROPERTY SNAPSHOT 2: What’s affordable in Sentul?
• While the Sentul Masterplan urban renewal continues, the rest of the neighbourhood remains a low to mid-end market, comprising primarily dated apartments and condominiums.
UEM Group, MMC Corp seen among Pan Borneo highway contenders
KUALA LUMPUR (April 4): AmInvestment Bank said it does not preclude the possibility of seeing Peninsular-based contractors being invited to set up joint ventures (JVs) to bid for jobs, after The Edge Weekly reported that UEM Group Bhd, MMC Corp Bhd and Warisan Tarang Construction Sdn Bhd are teaming up for the Sabah portion of the Pan Borneo Highway.
PROPERTY SNAPSHOT 1: Sentul average price up 38.3% y-o-y in 1Q2015
• This week, the spotlight falls on the secondary market of non-landed residences in Sentul, Kuala Lumpur.
Desa Impian in KK to launch by 3Q2016
KUALA LUMPUR (April 2): Kota Kinabalu-based property developer Borneo Estate Development Sdn Bhd is planning a RM4.
Former tin giant finds its place among industrial heavyweights
THE sight of an elderly man enjoying a cup of kopi — the local lingo for a dark, sweet and full-bodied brew of coffee — while reading a newspaper is a befitting reflection of Ipoh’s leisurely pace.
UMLand plans to launch The Apex bungalow in Bangi
BANGI (March 28): United Malayan Land Bhd (UMLand) will be unveiling The Apex bungalow project, which has a gross development value (GDV) of RM289 million, at Putra Hill Residency, Bangi, in June this year, according to UMLand chief managing director Dennis Ng.
Companies scaling back on office space per head
PETALING JAYA (March 24): Companies are more sensitive and cautious in their spending on office space compared with 20 to 30 years ago, said JLL country head for Malaysia YY Lau.
Asia Pacific office space demand up by 33% in 2015
PETALING JAYA (March 22): Despite the slowdown in the property market, demand for Asia Pacific’s office space increased by 33% in 2015 compared with 2014, said JLL’s head of research of Asia Pacific capital markets Megan Walters.
Homes in this price range saw the biggest drop in 2015
PETALING JAYA (March 22): Transactions for homes priced from RM400,001 to RM500,000 fell by almost half to 14,755 units in 2015 from 28,769 units in 2014, according to the National Property Information Centre’s (Napic) preliminary overview market report.
Beverly Group extends its reach to KL city fringe
STARTING out as a civil structure contractor, Singapore-based Beverly Group Sdn Bhd — a subsidiary of Singapore-registered Qingdao Investments Pte Ltd — became a property developer when its founder and CEO Lim Seak Koon decided to experience property development “from the other side”.
