News about Klang

•    Today, we look at price growth and indicative asking rental yields for non-landed residences in Klang.

This is the third in a series of four snapshots on Klang.

This is the second in a series of four snapshots on Klang.

This is the first in a series of four snapshots on Klang.

Sold for: RM480,000 Concluded by: Janet Chong of Hartamas Real Estate (OUG) (012-318 8099) When: August, 2015 Noteworthy: * Freehold * 775 sq ft * one bedroom and two bathrooms * come with one parking, kitchen cabinet, three air-cons and two water heaters.

Many shop owners in century-old premises in Pekan Ampang, Kuala Lumpur, are still in the dark that they may have to make way for a highway project that will cut through the township.

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.

KUALA LUMPUR (Sept 29): Old Klang Road, which has seen new developments mushrooming in recent years, will soon see another serviced apartment project.

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

KUALA LUMPUR (Sept 17): The tender awarded to Malaysian Resources Corporation Berhad (MRCB) and George Kent (M) Bhd for the Light Rail Transit 3 (LRT3) project is within the price range established by the project owner, Prasarana Malaysia Bhd.