News about LLA

Rented for: RM11,000 Concluded by: Matt Tian (REN 01002) of Reapfield Properties KL Sdn Bhd (016-208 5108) When: April 2016 Noteworthy: • Freehold • Built-up: 5,305 sq ft • Land size: 5,500 sq ft • 5 rooms and 6 bathrooms • Leased for two years • Partially furnished with built-in wardrobes, cabinets with appliances for dry and wet kitchen, curtains, fans and air-conditioners, curtains and lights • Has a swimming pool and a spacious garden According to the negotiator, Matt Tian of Reapfield Properties KL Sdn Bhd, this house is owned by a local investor who is renting it out to an expatriate businessman.

TITIJAYA Land Bhd is developing projects targeted at young adults and families or homeowners who are looking at upgrading to bigger homes.

•    Today, we look at price growth and indicative asking rental yields for non-landed homes in Subang Jaya.

  KUALA LUMPUR (April 30): New transportation infrastructure such as the mass rapid transit (MRT) and light rail transit (LRT) will enhance the investibility of shophouses, said Savills Malaysia managing director Allan Soo (pictured,below) at The Edge Real Estate Investment Forum 2016 (REIF 2016) today.

KUALA LUMPUR (April 26): The Crown Prince of Pahang, Tengku Abdullah Sultan Ahmad Shah, together with parties acting in concert (PAC) with him who collectively have a 69.

KUALA LUMPUR (April 12): It is now mandatory for all government projects costing RM10 million and more, and private sector ventures of RM50 million and above, to hit an Industrialised Building System (IBS) score of 70, said Prime Minister Datuk Seri Najib Razak (pictured).

INVESTORS of shoplots and shopoffices enjoyed rental yields of more than 10%, and saw their capital values grow faster than other property types, before prices started increasing in 2009, says Savills (M) Sdn Bhd managing director Allan Soo (pictured, below).

PETALING JAYA (April 8): Design Village Penang – the northern state’s first premium outlet mall – aims to open by this November in time for the school holidays, said its general manager Tay Ai Leen.

PETALING JAYA (April 6): The Yeangs Sdn Bhd has introduced its 20-unit Y Cantonments four-storey town villas development for retirees and bigger families who are looking for properties on Penang island, with selling prices from RM2.

GEORGE TOWN (April 6): The Federal Government is willing to provide input on the RM27 billion Penang Transport Master Plan (PTMP), according to Works Minister Datuk Seri Fadillah Yusof (pictured).