News about Klang Valley

KUALA LUMPUR (Oct 29): Mah Sing Group Bhd is planning for two launches in the Klang Valley by this year end, said its newly-appointed chief executive officer and executive director Ho Hon Sang.

THE Kuala Lumpur office market is in correction since the Ministry of Federal Territories tightened the approval for new such developments in the second quarter of the year in the face of an oversupply.

LOCATION and convenience may be a top priority for property buyers as they shop for a new home, but value is key to the future of the property market.

PETALING JAYA (Oct 1): Magnibiz Development Sdn Bhd, the property development arm of construction firm Magnibiz Sdn Bhd, plans to launch Block 3 of its Kampar Lake Campus Condominium or KLCC, located in Kampar New Town by 1Q2017, once sales of both Blocks 2 and 3 hit 80%.

THE domestic property market is likely to remain slow in terms of transaction volume going forward.

HOTELS are struggling to fill their rooms due to a high supply coupled with the economic slowdown and less government and corporate business.

PETALING JAYA (Sept 14): Despite being the one of the most expensive housing markets in Malaysia, the Penang government has been making efforts to push affordable housing development for the young working population.

KUALA LUMPUR, (Sept 13): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) is planning to build the third Klang Valley MRT Line that will slash travel time within the capital, Bernama reported.

KUALA LUMPUR (Sept 9): There must be continuous effort to bring together ideas and best practices on what makes cities sustainable as places to live and work for our future generation, said organising chairman of the 8th International Conference on World Class Sustainable Cities 2016 (WCSC) Chan Kin Meng.

KUALA LUMPUR (Aug 25): Higher contribution from property projects coupled with reduced finance charges from degearing initiatives helped lift Tropicana Corp Bhd's second quarter net profit by 43.