News about M

  KUALA LUMPUR (July 10): Kelana Jaya was a relatively quiet neighbourhood in the city of Petaling Jaya until Paradigm Mall appeared in its midst.

KUALA LUMPUR (July 9): UEM Sunrise Bhd has entered into a management agreement with Hyatt Hotels & Resorts for a Hyatt House hotel in Mont’Kiara, Kuala Lumpur, which is expected to open in 2017.

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

PENANG (July 8): A few years ago, Selangor Dredging Bhd (SDB) embarked on a housing project in Penang called “By The Sea”.

•    The existing non-landed residences in Kelana Jaya consist mainly of mid-market condominiums built in the early 2000s.

KUALA LUMPUR (July 6): Regus Plc, the world’s largest flexible workspace provider expanded into Johor due to robust investment activities in the southern state, according to a report in The Edge Financial Daily today.

PETALING JAYA (July 2): UEM Sunrise sold out the houses on offer in its Acacia precinct in its Serene Heights township in Bangi.

KUALA LUMPUR (July 2): Kenanga IB Research maintained its overweight call over the construction sector, as it is still firmly backed by contractors’ healthy orderbooks that provide two to three years visibility, while its replenishment prospects and earnings were met by most contractors.

UEM Sunrise Bhd  (July 1, 99 sen ) Upgrade to buy with an unchanged target price (TP) of RM1.

PRICES of homes on Johor Baru’s secondary market remained firm in 1Q2015, according to The Edge-KGV International Property Consultants Johor Baru Housing Monitor for the period.