News about IT

•    Today, we continue our focus on Kelana Jaya by looking at average prices on a per square foot (psf) basis.

HONG KONG-based Nan Fung Group plans to dispose of several parcels of land in Kuala Lumpur measuring a total of 33 acres for an estimated RM700 million, sources say.

BINA Puri Holdings Bhd, in partnership with Prasarana Malaysia Bhd (formerly known as Syarikat Prasarana Negara Bhd), is likely to win the RM1 billion contract to build the bus rapid transit (BRT) system in Kota Kinabalu, sources say.

Pavilion Real Estate Investment Trust (April 29, RM1.

PEOPLE are using air-conditioners more due to the current hot spell and this has increased Malaysia’s electricity demand tremendously.

•    This week, the spotlight falls on the secondary market of non-landed residences in Kelana Jaya, Selangor.

KUALA LUMPUR (May 1): Proximity to airports and flight paths does not impact the annual capital appreciation of homes, said professor of property economics at Queensland University of Technology (QUT) Chris Eves.

KUALA LUMPUR (April 30): No matter if times are good or bad, there are always opportunities in the real estate industry, be they physical assets, stocks or REITs, depending on one’s risk appetite, according to industry experts.

PETALING JAYA (April 29): Aspen Vision City’s first residential development – Vertu Resort in mainland Penang, has seen 50% of its condominium units taken-up since its soft launch in February this year, according to Aspen Group.

KUALA LUMPUR (April 29): Pavilion Real Estate Investment Trust’s (REIT) net property income (NPI) for the first quarter ended March 31, 2016 (1QFY16) stood at RM75.