News about Kuala Lumpur

AS one travels from Kuala Lumpur to Puncak Alam, Ijok, the high-rise buildings of the city slowly give way to small, village-like houses and rows of oil palm trees.

KUALA LUMPUR (Jan 17): Construction company Ekovest Bhd wins a RM6.

  PETALING JAYA (Jan 17): The opening date of MyTOWN Shopping Centre has been readjusted from Feb 16 to March 16 due to requests from tenants.

Construction sector Maintain overweight: According to Construction Industry Development Board statistics, industry contract awards fell 28% quarter-on-quarter (q-o-q) to RM22.

MALAYSIANS love to shop and love it even better when the prices are right.

DESPITE a slow property market, the sector continues to attract investment from China.

THE Malaysian property market has gone through a difficult patch and while no one can predict the future accurately, 2017 is not expected to be rosy either.

PETALING JAYA (Jan 9): The first phase of Titijaya Land Bhd’s 3rdNvenue project located at the Embassy Row in Jalan Ampang, Kuala Lumpur was fully booked overnight.

成交价：RM410万 交易推手：来自Hartamas Real Estate OUG Sdn Bhd的Desmond Chia Roy Lim (REN 19255) (012-987 9117) 成交日：2016年10月 卖点： - 永久地契 - 面向大路，门前有停车位 - 土地面积达2,000平方尺 - 已改建成平价旅馆 这间双层店铺的楼龄超过20年，数年前空置了一段时间，后来被改建为平价旅馆。 促成这宗交易的Desmond Chia指出，店屋内共有20至30间小房，因此买下这个单位的投资公司很可能在这里设立连锁平价旅馆。 他续称，卖家原本的叫价是RM450万，买家的初次报价则是RM380万。 “买卖两方都很有诚意想要落实这宗交易，所以经过数个月的协商后，最终以接近市价的RM410万成交。” Chia表示，卖家是三名同一家族的成员，脱售的原因是他们认为如今是套现这间店屋的最佳时机。 “据卖家的说法，这间店屋在8年前价值RM100万，接着在3年前涨至RM200万，如今银行的估值是RM410万，所以他们决定在此时脱售。” 在Brickfields地区工作多年的 Chia点出，自从政府在当地展开了提升基础建设和美化环境的工程，把该地区塑造为旅游景点后，这区老旧店屋的价值水涨船高，在低迷的产业市场中脱颖而出。 目前，TheEdgeProperty.

Construction sector Maintain overweight: We met the promoters of Bandar Malaysia to get a better sense of the prospects of the much-talked about Bandar Malaysia.