News about MP

Sold for: RM975,000 (RM920 psf) Concluded by: Ann Soh (REN 03232) of One Sunterra Properties (018-369 8650) When: June 2016 Noteworthy: ● Freehold ● Built-up: 1,060 sq ft ● Completed in 2009 ● Developed by Sunrise Bhd (now UEM Sunrise) ● 2 bedrooms, 2 bathrooms ● Located above a mall According to the agent, Ann Soh of One Sunterra Properties, the unit is located on the 16th floor of Publika, a shopping mall favoured by expats.

GEORGE TOWN (Dec 22): Gamuda Bhd-led SRS Consortium will submit all three detailed environmental impact assessments (DEIAs) for land reclamation, Pan Island Link highway and rail links, as part of the RM46 billion Penang Transport Master Plan (PTMP), to the Department of Environment (DOE) by the second week of 2017.

KUALA LUMPUR (Dec 21): Amcorp Properties Bhd (AmProp) is planning to venture into the Hong Kong property market via a tie-up with Grosvenor Asia Pacific Ltd.

THE Kuala Lumpur office market will remain restrained in the near future despite opportunities for investors, institutional funds and real estate investment trusts.

PETALING JAYA (Dec 20): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) today explained that the linkways from stations to adjacent privately-owned buildings are supposed to be built by the property owners at their cost and according to their construction schedules This explanation from MRT Corp came about after users of the Sungai Buloh-Kajang (SBK) Line, which commenced operations last Friday (Dec 16), commented that pedestrian linkways were not completed along with the MRT stations.

KUALA LUMPUR (Dec 20): O&C Resources Bhd (OCR) shares jumped 3.

KUALA LUMPUR (Dec 20): O&C Resources Bhd (OCR) has bagged a RM155 million contract to develop a project located in Jalan Alam Sutera Utama, Bukit Jalil here at a gross development cost of RM131.

KUALA LUMPUR (Dec 20): Boustead Holdings Bhd is buying multiple pieces of leasehold commercial land measuring a collective 10.

KUALA LUMPUR (Dec 19): TRIplc Bhd rose as much as 29 sen or 14% on news Puncak Niaga Holdings Bhd is purchasing the entire stake in TRIplc for RM210 million cash.

ON the weekend of Nov 19 and 20, GSH Corp launched in Singapore its maiden residential development, Eaton Residences, a high-end condominium in Jalan Kia Peng in Kuala Lumpur City Centre (KLCC).