i-Suite, i-SoHo in Shah Alam achieve 100% take-up rate following sale to Chester Properties
PETALING JAYA (Aug 10): Following the purchase of 30 units in i-Suite and 120 units in i-SoHo at i-City in Shah Alam by real estate agency Chester Properties, both phases have achieved 100% sales, said developer I-Bhd in a statement today.
Crunch time for malls
JUST last week, Perda City Mall in Bukit Mertajam, Penang, suddenly shut down after a mere 18 months in business.
New Bali project to focus on generating positive energy
BALI is known as the “Island of The Gods” and the locals believe it has mystical powers.
Questions abound for DPMM’s property project
SCEPTICS are questioning the viability of a property development project for the Malay Chamber of Commerce of Malaysia (Dewan Perniagaan Melayu Malaysia, DPMM) on a piece of land it owns in Bukit Petaling, Kuala Lumpur.
Mah Sing’s The Greenway sees 85% of units booked over weekend launch
PETALING JAYA (Aug 8): Mah Sing Group Bhd’s The Greenway, located in its Meridin East township at Kong Kong, Pasir Gudang, Johor saw 85% of units booked during its Meridin East Sales Gallery and Show Village launch over last weekend, said the developer in a statement today.
Matrix Concepts ‘still a yield stock’
KUALA LUMPUR (Aug 8): Matrix Concepts Holdings Bhd, which was one of the small- to mid-capitalisation property developers that have been offering a decent dividend payout ratio (DPR) — at least 40% of its net profit — recently capped its DPR to a maximum of 40% instead.
Stronger quarters ahead expected for Axis REIT
Axis Real Estate Investment Trust (Aug 5, RM1.
Joint ownership, an easier way to own a house?
SECURING a mortgage to buy a house is not easy these days as financial institutions continue with their tight lending policies.