Home overhang units up by 40%
PUTRAJAYA (Nov 13): The slow market absorption has led to an increase in residential overhang of 20,867 units worth RM12.
Construction of Line 3 could start as early as 3Q19 — MRT Corp
KUALA LUMPUR (Nov 13): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) expects to kick off construction of the third mass rapid transit line (Line 3) — estimated by analysts to cost around RM40 billion — by as early as the third quarter of year 2019, according to its chief executive officer Datuk Seri Shahril Mokhtar.
Trive, China co plan solar energy JV
KUALA LUMPUR (Nov 13): Trive Property Group Bhd signed a joint venture agreement (JVA) with Jiangxi Fujing New Energy Technology Co Ltd for a planned collaboration in the manufacturing and sale of solar energy products.
热盘行情：Taman Sri Puchong双层排屋，Selangor
成交价：RM300,000 交易推手：来自1TPE Realty Sdn Bhd的Wong Hor Yan (REN 18777，016-324 8307) 成交日：2017年6月 卖点： 有期地契 土地面积：825平方尺 邻近便利设施包括便利商店、餐厅、超市、诊所、汽车维修中心、医院、银行以及Tesco霸级市场 交通四通八达，可取道Damansara-Puchong Expressway出入 位于雪州Puchong的Taman Sri Puchong，是个具有19年历史的有期地契项目，当中包含了排屋、公寓及商铺。 发展已臻成熟的Taman Sri Puchong靠近Damansara-Puchong Expressway及多项便利设施，如便利商店、餐厅、超市、诊所、汽车维修中心、医院、银行及Tesco霸级市场。 根据促成这宗交易的Wong Hor Yan，业主于2014年在拍卖会以RM170,000购下这间房子，当时计划作为投资。 如今，这宗交易以RM300,000成交，业主如愿以偿以一个好价钱把该房子卖给一名有意买来自住的买家。 “在同一地区的类似房屋，售价平均为RM270,000，这种交易的成交价高于目前市价水平，不过，这个价位的房子在Puchong地区依然相当受欢迎，因为仍算可负担水平，”她说。 根据EdgeProp.
Vigorous Old Klang Road
The grande dame of Malaysian roads — Old Klang Road or Jalan Klang Lama — has maintained its vitality, not just as an arterial road in Kuala Lumpur city but also as a property hotspot.
Trive Property's RM70m PPR contract in Alor Setar terminated
KUALA LUMPUR (Nov 10): Trive Property Group Bhd said a contract awarded to the group in 2014 under the People's Housing Programme (PPR) has been mutually terminated.
Ascott looking to introduce lyf brand in Malaysia
PETALING JAYA (Nov 10): The Ascott Ltd (Ascott), the serviced residence arm of CapitaLand Ltd, is planning further expansion in Malaysia including the introduction of its lyf (pronounced as life) brand here.
Tabung Haji Properties denies money laundering allegation
KUALA LUMPUR (Nov 10): Tabung Haji Properties Sdn Bhd (THP) has denied an allegation by a blogger that it had a role in laundering money owned by Saudi Prince Al-Waleed bin Talal.
