News about ER

KUALA LUMPUR (April 25): After several delays, Middle Eastern retailer LuLu Group International is expected to commence operations of its first store in Malaysia in May or at the latest by early June, in time to capture the Hari Raya shoppers, said sources.

IN pursuing meaningful success, one’s intentions must be good, believes Datuk Jauhari Hamidi.

PUTRAJAYA: The Valuation and Property Services Department (JPPH) aims to provide rental data on a subscription basis by October this year, said director general Datuk Faizan Abdul Rahman (pictured).

IN line with expectations, Malaysia’s property market in 2015 did not perform as well as it did in 2014.

PETALING JAYA (April 22): Property investors are planning to capitalise on renewed confidence in Malaysia's economy despite the current global volatility, said an economist with a United Arab Emirates-based property/investment company.

Eastern & Oriental Bhd (April 21, RM1.

KUALA LUMPUR (April 22): UEM Sunrise Bhd will launch Melia Residences, the first freehold landed strata residential development in Gerbang Nusajaya, Iskandar Malaysia, this Saturday with selling prices from RM596,000 to RM1.

Sold for: RM455,000 (RM368 psf) Concluded by: Mike Yap of Vivahomes Realty (018-262 6898) When: March 2016 Noteworthy: • Freehold • 1,236 sq ft • 3 bedrooms and 2 bathrooms • Furnished with kitchen cabinet, built-in wardrobe, air-con and downlights • Newly-completed condominium • Level 6, facing swimming pool • Two car parking bays T-Parkland @ Templer Park by B&G Property is a condominium sitting on 3.

DO you think that owning a penthouse is out of your league? Well, we found some of these units for less than RM1 million – in the Klang Valley no less.

PETALING JAYA (April 21): The i-City property showcase, which will run from April 22 to 24, will showcase the integrated development’s properties priced below RM500,000 such as its Liberty Tower, Parisien Tower and Hyde Tower projects at the i-Gallery @ i-City in Shah Alam.