Monetary Authority of Singapore: Not yet time to lift curbs
SINGAPORE (June 30): Singapore’s property cooling measures are here to stay, according to the Monetary Authority of Singapore (MAS).
DONE DEAL: Faber Ria Condominium unit, Taman Desa, Kuala Lumpur
Sold for: RM600,000 (RM445 psf) Concluded by: Shimry Wong (REN06314) of 1TPE Realty Sdn Bhd (014-367 3822) When: March 2017 Noteworthy: ● Freehold ● 31-year-old condominium ● Built-up: 1,348 sq ft ● 9th floor, facing south ● Fully-furnished unit ● 3+1 bedroom, 3-bathroom Faber Ria is one of the oldest condominium developments in Taman Desa, Kuala Lumpur.
Kumpulan Jetson bags RM919 mil building subcontract, share price hits 2-yr high
KUALA LUMPUR (June 29): Kumpulan Jetson Bhd (KJB)'s wholly-owned unit Jetson Construction Sdn Bhd has accepted a RM919.
Bangsar residents concerned over proposed redevelopment of Sri Pahang flats
KUALA LUMPUR (June 26): The redevelopment plans for the Sri Pahang flats in Bangsar, Kuala Lumpur have raised concerns among residents in Bangsar especially over the increase in density and the possible impact on traffic flow in the area.
Demand for offices outside KL city centre
Business owners looking for office space in the Klang Valley for their operations will find themselves spoilt for choice in the current slow market with the wide selection of new office developments that offer various facilities, convenience, competitive rental and perks such as rent-free periods.
Hatten Land is banking on Melaka’s transformation
SINGAPORE (June 21): CIMB is starting Hatten Land with an “add” rating and a target price of 38 Singapore cents, given its 45% discount to RNAV.
Ekovest gets govt approval for Kuala Lumpur River City
KUALA LUMPUR (June 21): Ekovest Bhd had today received the approval-in-principle for the planned "Kuala Lumpur River City" development from the Malaysian Government.
Selangor Dredging jumps 15.62% on plan to sell office building
KUALA LUMPUR (June 21): Shares in Selangor Dredging Bhd jumped 15.
PM Najib: Bukit Bintang City Centre 'significant national-level development'
KUALA LUMPUR (June 20): Prime Minister Datuk Seri Najib Tun Razak described the planned Bukit Bintang City Centre (BBCC) here as a "significant national-level development" due to its ability to attract foreign investments into Malaysia.
