News about ER

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.

PETALING JAYA (April 21): There was a drop in occupancy rate for retail spaces in Kuala Lumpur by 2.

KUALA LUMPUR (April 21): Crest Builder Holdings Bhd’s 51%-owned unit, Landasan Bayu Sdn Bhd, has entered into a joint development agreement with the Malaysian Rubber Board (MRB) for the development of the latter’s piece of land in Jalan Ampang, Kuala Lumpur.

KUALA LUMPUR (April 21): UEM Sunrise Bhd has proposed a RM2 billion Islamic commercial papers (ICP) programme and Islamic medium-term notes (ICP/IMTN-2) programme, with a sub limit of RM500 million for the ICP.

KUALA LUMPUR (April 21): Eastern & Oriental Bhd (E&O) has cancelled the proposed admission of the securities of its indirect wholly-owned Eastern & Oriental Property (UK) Ltd (E&O UK) to trade on the London Stock Exchange (LSE), citing unstable global market conditions and exchange rate volatility as the reasons.