Challenging year ahead for retail, hospitality segments, says KLCC REIT
KUALA LUMPUR (March 19): KLCC Real Estate Investment Trust (KLCC REIT), which is part of KLCCP Stapled Group with KLCC Property Holdings Bhd, foresees a challenging outlook for the retail and hospitality segments going into 2021, given the ripple effect from the Covid-19 pandemic.
Damansara Heights: An unbeatable address
Declining prices or not, Damansara Heights in the heart of Kuala Lumpur continues to fly high as a hot and affluent address in the Klang Valley.
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Glomac to launch Primrose terraced houses in Saujana KLIA tomorrow
PETALING JAYA (March 18): Glomac Bhd will be unveiling the first phase of Primrose project in its Saujana KLIA township, Sepang which has a gross development value (GDV) of RM72 million tomorrow (March 19).
Bursa’s property index rises on growing optimism
KUALA LUMPUR (March 11): Bursa Malaysia’s Property Index traded higher today amid better sentiment surrounding the property sector.
Scaffolding collapses at flyover along MRR2, five trapped in van
KUALA LUMPUR (March 3): A scaffolding at a construction site along the Sungai Besi-Ulu Klang Elevated Expressway (SUKE), near Desa Tun Razak, collapsed this evening resulting in at least five people trapped in a van, reported the Malay Mail today.
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Taman Rimba Kiara case goes to Federal Court
KUALA LUMPUR (Feb 25): Kuala Lumpur City Hall (DBKL) and the developer of the proposed Taman Rimba Kiara project are appealing the Court of Appeal's decision to quash the development order for the project.
Old Klang Road: Oversupply of high-rise homes?
Realtors tracking property price trends on Old Klang Road (OKR) are concerned over a surging supply of new high-rise residential units, which might put pressure on rental growth and demand as tenants might choose to purchase the more affordable smaller units available in the market rather than continue renting.
EdgeProp.my: Housing price growth remains stable in Old Klang Road
Old Klang Road (OKR) has recorded 510 residential property transactions in 2019 at an average transacted price of RM532,738 or RM434 psf.
Old Klang Road rentals remain intact
Jalan Klang Lama or Old Klang Road (OKR), to those familiar with Kuala Lumpur, refers to the areas on both sides of the road that are situated not in Klang, but in KL.
