News about PA

FOLLOWING the overall soft residential market in Kota Kinabalu last year, opinions are mixed on how the market will perform this year, Rahim & Co Sabah branch manager Max Sylver Sintia says when presenting The Edge/Rahim & Co Kota Kinabalu Housing Property Monitor 1Q2016.

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

PETALING JAYA (June 28): The GEM Residences condominium jointly developed by Gamuda Land, Evia Real Estate and Maxdine Pte Ltd, in Toa Payoh, Singapore, has achieved a take-up rate of 55% since its launch on May 28, said Gamuda Land in a statement today.

•    Taman Desa is an affluent and established neighbourhood.

KUALA LUMPUR (June 27): Little-known Johor Bahru-based property developer BCB Bhd, which has seen its earnings balloon near six times in the last four years, is scaling down its launches to bite-sized portions as headwinds continue to buffet the local property market.

•    This week, the spotlight falls on the secondary market of non-landed residences in Taman Desa, Kuala Lumpur.

SEMENYIH (June 25): Eco Majestic’s Rumah Selangorku Open Day has attracted 500 interested buyers to its sales gallery in Semenyih today, with some of them waiting since 7am to get the front place, according to the developer Eco World Development Group Bhd (EcoWorld).

SINGAPORE (June 22): GuocoLand on Wednesday announced that 70% of retail space at Tanjong Pagar Centre has been taken up, ahead of the development’s scheduled completion in 3Q16.

KUALA LUMPUR (June 23): PR1MA Corp Malaysia plans to buy 1,140 units of affordable homes, along with the 19.

Concept Global design brand Stellar Works was established in 2013 by Japanese entrepreneur Yuichiro Hori, who wanted to bring opposing ideals together in a single proposition: East and West, heritage and modernity, craft and industry.