DONE DEAL: Le Yuan Residence, Jalan Kuchai Lama, Kuala Lumpur

Sold for: RM1 million (RM561 psf) Concluded by: Adeline Teh (REN 04207) of Hartamas Real Estate OUG Sdn Bhd (012-320 6520) When: July 2016 Noteworthy:  ● 1,782 sq ft ● 3 + 1 bedrooms ● 3 + 2 (1 powder room and 1 maid’s toilet) bathrooms ● Facing west ● High floor ● Bare unit ● Facilities: man-made beach, steam bath, sauna room, two indoor badminton courts, floating gym, playground and multipurpose hall Le Yuan Residence was developed by UOA Development Bhd and handed over at the end of 2014.

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Ho Hup trims FY16 profit growth target

KUALA LUMPUR (May 24): Ho Hup Construction Company Bhd, which saw its earnings slip 5% in the first quarter ended March 31, 2016 (1QFY16), has trimmed its profit after tax (PAT) growth target to between 15% and 20% for FY16, in view of the continued slowdown in the property market.

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KL suburb continues to do well

SITUATED 15km south of Kuala Lumpur, Bandar Baru Seri Petaling, also known as Sri Petaling, was a rubber estate before it was developed and launched in 1977 by Petaling Garden Sdn Bhd, now a wholly-owned subsidiary of I&P Group.

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