Glomac Bhd (Sept 13, 76 sen) Maintain hold with a higher target price (TP) of 82 sen: Glomac Bhd’s upcoming first quarter ended July 31, 2016 (1QFY17) results could come in below expectations, with weaker core net profit quarter-on-quarter (q-o-q) and year-on-year (y-o-y).
• Today, we look at price growth and indicative rental yields for non-landed homes in Subang/Ara Damansara.
• Today, we continue our focus on Subang and Ara Damansara by looking at average prices on a psf basis.
• This week, the spotlight falls on the secondary market of non-landed residences in Ara Damansara and the adjacent Subang area.
KUALA LUMPUR (June 30): The Light Rail Transit (LRT) line from Putra Heights to the Kuala Lumpur city centre started operations at 6am today, Bernama reported.
• This week, the spotlight falls on the secondary market of non-landed residences in Puchong, Selangor.
LET’S face it; we all hate getting stuck in traffic jams.
• Today, we look at price growth and indicative asking rental yields for non-landed homes in Kelana Jaya.
• Today, we continue our focus on Kelana Jaya by looking at average prices on a per square foot (psf) basis.
• Home to Paradigm Mall and serviced by the Kelana Jaya LRT Line, Kelana Jaya is a highly popular neighbourhood.
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