News about MP

•    Today, we continue our focus on USJ by looking at average prices on a per sq ft (psf) basis.

ESTABLISHED property company and hotelier, IGB Corp Bhd, is believed to be in talks to dispose of its 20-year-old, 910-room Renaissance Kuala Lumpur hotel to a little-known Singapore company for just below RM800 million.

LAST weekend’s sell-out of linked and detached homes in Setia Eco Templer near Rawang created quite a buzz.

“Quite an adventure”.

S P Setia's Setia EcoTempler project is coming up near Rawang.

KUALA LUMPUR (May 17): Printing firm Tien Wah Press Holdings Bhd is teaming up with Singapore-listed Lum Chang Holdings Ltd to jointly develop a 13,040 sq m piece of land in Jalan Semangat, Petaling Jaya, Selangor into a mixed-use commercial development.

•    Residences in Subang Jaya are concentrated primarily around the commercial strip of SS16 and around the Subang Ria Recreational Park in SS12.

KUALA LUMPUR (May 16): International hospitality manager and operator Oakwood Asia Pacific aims to grow its presence in Malaysia through new partnerships and is seeking such opportunities with local property owners, said its sales, marketing and revenue management vice president Paul Stocker.

•    This week, the focus is on the secondary market of non-landed residences in one of Klang Valley’s most coveted addresses: Subang Jaya.

PETALING JAYA (May 15): The first phase of Setia Eco Templer in Templer’s Park – which was launched yesterday – saw all 176 units of its 2-storey linked villas and all six of its 2-storey bungalows snapped up, while 25 of its 52 units of 2-storey semi-detached houses were taken up as at today, said S P Setia Bhd executive vice-president Datuk Koe Peng Kang.