News about Klang

WITH land for property developments shrinking by the day especially in the Klang Valley, many property developers have been moving towards higher density developments.

S P Setia Bhd’s mixed development known as the Trio by Setia will mark its debut in Klang, Selangor.

EXSIM Development Sdn Bhd head of planning and development (residential/commercial) Michael Yam strongly believes that high-rise living is a trend that will soon become a norm in the major cities of Malaysia.

KUALA LUMPUR (March 30): CapitaLand Malaysia Mall Trust (CMMT) remains cautious on its outlook for financial year 2017 (FY2017) due to a double whammy of topline and rental reversion pressures.

PETALING JAYA (March 27): The Boss Service Suites (pictured) is possibly seeing some light at the end of the tunnel as several property developers have offered to step in to rescue the abandoned development in Klang.

  Like an exquisite diamond in a diminutive box, The Parque Residences in Eco Sanctuary are cosy little homes packed with luxurious elements.

KUALA LUMPUR (March 13): SkyWorld Development Group targets to launch four to five projects with an estimated gross development value (GDV) of RM1.

DESPITE its subdued performance last year, the Klang Valley property market seems to be picking up momentum this year with encouraging take-up rates observed in the first two months, especially after the Chinese New Year, says Zerin Properties CEO Previndran Singhe.

SETIA ALAM (March 4): Stratified property is a good option for investment but investors should do their homework and be a responsible owner if they want to ensure investment returns, said Exastrata Solutions Sdn Bhd chief real estate consultant Adzman Shah Mohd Ariffin.

SHAH ALAM (March 3): ACE Market-listed electronic and industrial waste processor JAG Bhd is planning to unveil its maiden property development project in the third quarter this year (3Q2017).