News about MP

KUALA LUMPUR (May 29): Kuala Lumpur mayor Datuk Seri Ahmad Phesal Talib (pictured, right) today urged property developers to consider environmental conservation as integral to their development plans.

KUALA LUMPUR (May 28): Mah Sing Group Bhd’s net profit for 1Q15 grew 18.

KUALA LUMPUR (May 27): Bina Puri Holdings Bhd is jointly developing a RM204 million residential development in Johor with Malaysia Pacific Corp Bhd (MPCorp), according to a report by The Edge Financial Daily today.

KUALA LUMPUR (May 25): Eastern & Oriental Bhd’s net profit for its fourth quarter of its 2015 financial year has doubled to RM100.

PETALING JAYA (May 22): If you must decide between buying a smaller unit in the heart of Kuala Lumpur or a more spacious home away from the city centre, what would be your choice? This was the question posed to a group of prospective property investors aged between 25 and 35 years.

PETALING JAYA (May 21): The first quarter of 2015 (1Q2015) saw significant new supply of condominiums, reported DTZ Research.

•    Today we look at price growth and indicative asking rental yields for non-landed residences in the KLCC area.

PETALING JAYA (May 20): Capital values in Kuala Lumpur’s office market increased some 6% despite weaker rental rates that put yields under pressure, said analyst firm DTZ Research.

PETALING JAYA (May 19): Despite the depreciating ringgit against the US dollar in 1Q2015 and ongoing concerns on the impact of low oil prices on the Malaysian economy, the level of investment activity remained surprisingly strong for the quarter, according to DTZ Research’s “Property Times Kuala Lumpur Q1 2015: Cautious Sentiment Aggravates Uncertainties” report.

The landscape of Kuala Lumpur’s Brickfields neighbourhood has evolved dramatically since Malaysian Resources Corp Bhd (MRCB) first planned to build the 72-acre transit-oriented and integrated development KL Sentral in the area in 1996.