News about Klang Valley

Matrix Concepts Holdings Bhd (Nov 18, RM2.

The Klang Valley residential market continued to slump for the second quarter of 2015 (2Q2015) in the aftermath of the implementation of the Goods and Services Tax (GST) in April, coupled with the weakening of the ringgit, which have tightened domestic spending.

THE supply of foreclosed properties up for auction has dropped as banks have foreclosed on fewer homes since 2012, according to several property auctioneers.

BANGI (Aug 22): Most people would need at least a few years – if not more than 10 years, to save up enough to buy their first home – but Brian Lim Choon Wah will now be able to instantly own his first home, thanks to The Edge-Mah Sing Millionaire (TEMS MILLIONAIRE) competition.

KUALA LUMPUR: The expected entry of 4.

KUALA LUMPUR (Aug 10): Garment maker turned property developer Yong Tai Bhd is banking on the volume of tourists that will come in from China and Singapore to drive its planned tourism-related property projects in Melaka.

MELAKA (Aug 6): PTS Properties Sdn Bhd previewed its RM120.

GEORGE TOWN (Aug 3): Yong Tai Bhd has entered into five separate memorandums of understanding (MoUs) today for a host of proposed business and land acquisitions that can provide it five potential property development projects in Melaka, Klang Valley and Johor, with a combined gross development value (GDV) of about RM7 billion, spread over the next eight years.

KUALA LUMPUR (July 23): Matrix Concepts Holdings Bhd is planning to launch 3,000 units of affordable housing in FY2016, according to its chairman Datuk Mohamad Haslah Mohamad Amin (pictured) as reported in The Edge Financial Daily today.

Hua Yang Bhd (July 14, RM1.