Napic: Malaysian property market weakens further, overhang up 44%
KAJANG (April 18): The overall property market slowdown had worsened in 2016 with a decline in transaction volume by 11.
Govt to build 4,800 apartments for youths
PUTRAJAYA (April 18): The ministry of urban wellbeing, housing and local government will build 4,800 units of studio apartment for youths, on its land in Batu district, Kuala Lumpur.
Mitrajaya secures RM273.8m building job from STF Resources
Mitrajaya Holdings Bhd (April 17, RM1.
Ekovest bags RM79m job to develop DBKL’s Blue River project
KUALA LUMPUR (April 18): Ekovest Bhd has bagged a RM79 million contract from the Kuala Lumpur City Hall (DBKL) to develop the Blue River Project, which is located in the vicinity of the River of Life Precinct 7 — Masjid Jamek Kuala Lumpur Zone here.
Astaka unveils Bukit Pelali show units
SINGAPORE (April 18): Astaka Holdings Ltd yesterday unveiled show units for its new development in Pengerang, Johor, where over US$7 billion (RM30.
Commercial properties still popular among private buyers, says Knight Frank
PETALING JAYA (April 18): Commercial real estate remains an important asset class for private investors, with 27% of global transaction volumes attributed to them in 2016, according to global real estate consultancy Knight Frank citing Real Capital Analytics.
TH Properties launches affordable 2-storey terraced homes in Seremban
SEREMBAN (April 17): TH Properties Sdn Bhd, a wholly owned subsidiary of Lembaga Tabung Haji has launched another phase of 2-storey terraced houses comprising 99 units (Phase 1B) of Eliya, in Warisan Puteri 2, Seremban last Saturday (April 15).
Ascott Residence Trust’s Japan divestment to support potential acquisitions
SINGAPORE (April 17): UOB Kay Hian is reiterating its “hold” recommendation on Ascott Residence Trust (ART) at a target price of S$1.
Gamuda Land bags 2 wins from TheEdgeProperty.com Malaysia’s Best Managed Property Awards
PETALING JAYA (April 17): Gamuda Land’s Valencia township development and Madge Mansions received a Gold and a Silver award respectively, at the recent TheEdgeProperty.
