PROPERTY SNAPSHOT 1: Sentul average price up 38.3% y-o-y in 1Q2015
• This week, the spotlight falls on the secondary market of non-landed residences in Sentul, Kuala Lumpur.
Bandar Rimbayu’s Penduline first phase achieves 90% sales
PETALING JAYA (April 2): The first phase of Penduline’s two-storey terraced homes which comprise 246 units has achieved a take-up rate of 90% following its launch last November, said Bandar Rimbayu senior sales manager Susan Teh.
Desa Impian in KK to launch by 3Q2016
KUALA LUMPUR (April 2): Kota Kinabalu-based property developer Borneo Estate Development Sdn Bhd is planning a RM4.
Opportunities in a soft market
THE outlook for Malaysia’s property market may not be bright at the moment but JLL Property Services (Malaysia) Sdn Bhd country head and managing director YY Lau (pictured) thinks pockets of opportunities can be found if you know where to look.
Doors still open for the application of selected commercial developments in KL
KUALA LUMPUR (March 30): Although Kuala Lumpur City Hall (DBKL) has restricted approvals to develop new hotels, luxury apartments and office developments, the authorities will still allow applications for selected mixed commercial developments, said Federal Territories Minister Tengku Adnan Tengku Mansor.
Lembaga Getah monetising its KLCC land
LEMBAGA Getah Malaysia (LGM) is monetising its prime land in Kuala Lumpur City Centre (KLCC), in what some believe is a move to shore up its coffers.
PROPERTY SNAPSHOT 1: Dutamas average price up 6.6% y-o-y
• This week, the spotlight falls on the secondary market of non-landed residences within the growing suburb of Dutamas, neigbouring Mont’Kiara in Kuala Lumpur.
Little or no change in residential property prices
THE Klang Valley residential property monitor saw little or no change in prices on a quarterly basis in 4Q2015.
Area Management builds Malaysia’s first inner-city mega distribution hub
KUALA LUMPUR (March 26): Real estate private equity and advisory firm Area Management Sdn Bhd is building Area Logistics here, the country’s first inner-city mega distribution hub with 1.
EcoWorld confident with RM4b sales target for FY2016
SHAH ALAM (March 26): Eco World Development Group Bhd (EcoWorld) is confident of achieving its RM4 billion sales target for its financial year ending October 2016.
