News about AP

•     This week, the spotlight falls on the secondary market of non-landed residences in the trendy enclave of Mont’Kiara.

SEMENYIH (Feb 20): Eco World Development Group Bhd is celebrating this western and lunar Valentine’s Day in Eco Majestic with a specially designed Season’s Flower Show.

  These are the price growth and indicative asking rental yields for non-landed residences in the district of Kuching, Sarawak.

KUALA LUMPUR (Feb 17): Sime Darby Bhd is planning to sell some RM2 billion worth of real-estate assets in Australia and Singapore as it battles cash flow issues amid falling palm oil prices, The Wall Street Journal reports.

  TheEdgeProperty.

PETALING JAYA (Feb 16): Singapore-listed property developer Oxley Holdings Ltd (Oxley) has announced it will open its 207-room So Sofitel Hotel and a 590-key So Sofitel Residences in the heart of Kuala Lumpur City Centre (KLCC) area in 2020, it said in a press statement today.

KUALA LUMPUR (Feb 16): TSR Capital Bhd has bagged a RM240 million contract from Putrajaya Homes Sdn Bhd to build two blocks of 19-storey and 18-storey condominiums and two blocks of multilevel car park in Putrajaya.

KUALA LUMPUR (Feb 16): Mah Sing Group Bhd, the country’s second-largest property developer by sales value, is to buy back all of its unconverted secured bonds for RM337.

  While the overall Kuching property market has been tepid, the high-rise segment continues to perform relatively well, as it offers an affordable alternative to increasingly expensive landed homes.

  This week’s spotlight falls on the secondary market for non-landed residences in Kuching, Sarawak.