China residential market shows improvements
HONG KONG (May 24): The residential property market in China has shown signs of stabilising after several quarters of falling prices, said CB Richard Ellis in its “China Market Flash” report dated May 13.
Challenging times for KLCC condo market
For most new homebuyers, properties in Kuala Lumpur City Centre (KLCC) are probably “obnoxiously overpriced” or simply “not for ordinary people”.
When to buy in KLCC?
PETALING JAYA (May 22): Kuala Lumpur City Centre or KLCC is known as the country’s most expensive address, with current average price psf hovering above RM1,000 psf.
Principal Place Residential launches £160m Upper House in KL
KUALA LUMPUR (May 22): Principal Place Residential Ltd will be launching 90 units of luxury apartments named Upper House at Mandarin Oriental Hotel in Kuala Lumpur this weekend.
Resimax showcases Northern Growth Corridor project
PETALING JAYA (May 22): Resimax Group is showcasing its Northern Growth Corridor (NGC) residential project in Melbourne’s economic development zone at Mernda and Epping this weekend at InterContinental Hotel, Kuala Lumpur.
Sustainability and vertical living discussed at Naprec conference
KUALA LUMPUR (May 21): Land development and “vertical living” issues were today addressed at the 10th National Real Estate Research Coordinator (Naprec) Conference held at the National Institute of Valuation (Inspen) in Kajang.
Landmarks in JV to own two hotels in Treasure Bay Bintan
PETALING JAYA (May 19) – Landmarks Bhd, through its wholly-owned subsidiary PT Bintan Hotel Utama (PTBHU), yesterday entered into a joint-venture (JV) agreement with ML Hotel Investments Pte Ltd (ML Hotel) to develop, own and operate two global hotel chains, Mercure and ibis Budget, in Treasure Bay Bintan, Bintan Island, Indonesia.
Malton bags RM208 mil contract to build Royale Pavilion Hotel
KUALA LUMPUR (May 18): Property developer Malton Bhd announced that its wholly-owned unit Domain Resources Sdn Bhd has received a letter of award for a RM208 million worth of contract from Harmoni Perkasa Sdn Bhd to build one block of Royale Pavilion Hotel, which is located along Jalan Bukit Bukit Bintang and Jalan Raja Chulan.
Good response to public inspection on MRT project
KUALA LUMPUR (May 17): The response to the public inspection (PI) of the MRT Sungai Buloh-Serdang-Putrajaya Line (SSP Line), which began on Friday, has been good with members of the public giving a variety of feedback on the project.
Psaros launches Perth’s Park Avenue
PETALING JAYA (May 16): Psaros, a Perth-based developer and builder, launched its new development, Park Avenue, on 271 Selby Street, Churchlands, Perth at an event here yesterday.
