News about PAS

THE Penang housing market is maturing, says Michael Geh, director at Raine & Horne International Zaki + Partners.

KUALA LUMPUR (Nov 10): Protasco Bhd will be launching affordable homes with a gross development value (GDV) of RM600 million at its De Centrum City township in Kajang by the second quarter of 2017 (2Q17), as the group capitalises on the strong demand for this segment amid a subdued property market.

PETALING JAYA: Medini Iskandar Malaysia Sdn Bhd (MIM) is open to joint venture opportunities with real estate developers and operators for the development of The Compass in Medini Iskandar, Johor, said its managing director and CEO Datuk Khairil Anwar Ahmad.

Rented for: RM2,100 a month Concluded by: Mayzel Wong (REN 17359) (017-575 8999) of Khoo & Associates Realty When: Oct 15, 2016 Noteworthy: ● Leasehold ● Second floor of a 3-storey shopoffice, ● 1,800 sq ft ● Has a seaview ● Covered carpark ● Nearby amenities include F&B outlets, banks, mini market and auto mall ● About 5km away from George Town, 13km away from Penang International airport in Bayan Lepas and 6km to the Penang Bridge The unit is located at Persiaran Karpal Singh, also known as Karpal Singh Drive, a seaside promenade in Bandar Sri Pinang, Jelutong Penang.

DESPITE the sluggish market, property investors in Penang can take comfort in reports of capital appreciation in the state.

KUALA LUMPUR (Oct 4): Scientex Bhd managing director Lim Peng Jin hopes that more mortgage loan assistance measures will be announced in Budget 2017.

KUALA LUMPUR (Sept 26): Scientex Bhd's net profit rose 10.

SINCE its opening in September 2012, Legoland Malaysia has been drawing thousands of visitors daily.

KUALA LUMPUR (Sept 10): Following the popularity of Legoland Malaysia, Medini Iskandar Malaysia Sdn Bhd (MIM) is set to repeat the success in its 76-acre development, the Medini Iskandar township.

THE Johor market has been quiet in the past year.