News about PKNS

KUALA LUMPUR (Dec 6): HCK Capital Group Bhd is buying a plot of leasehold land in Mukim Sungai Buloh, Selangor, which has been earmarked for a mixed commercial development, for RM80 million from Perbadanan Kemajuan Negeri Selangor (PKNS).

SHAH ALAM (Aug 21): The Selangor State Development Corp (PKNS) is offering cash incentives of between RM4,000 and RM10,000 to those who introduce its properties to buyers through the MyPKNS Incentive Programme.

KUALA LUMPUR (July 31): The Selangor State Development Corp, better known as PKNS, has postponed its initial target of establishing a real estate investment trust via its property investment unit PKNS Real Estate Sdn Bhd (PKNS RE) by 2018 to 2019, while it continues to look for good buys to raise PKNS RE’s total asset value to RM1 billion.

SHAH ALAM (April 21): Perbadanan Kemajuan Negeri Selangor (PKNS) will be launching its third project of the year, Bayu Malawati in Kuala Selangor, this weekend (April 22 and 23).

NON-STRATA COMMERCIAL CATEGORY — SPECIAL MENTION MENARA PKNS Busting the myth of how old buildings equate to a rundown management, Menara PKNS Petaling Jaya has certainly proven otherwise.

PETALING JAYA (April 3): The iconic Petronas Twin Towers led the list of properties that emerged tops at the inaugural TheEdgeProperty.

PETALING JAYA (Sept 27): The Real Estate and Housing Developers’ Association (Rehda) Malaysia is introducing its inaugural Bumiputera Malaysia Property Expo (Bumi Mapex) targeted at bumiputera homebuyers.

•     Originally developed by the Selangor State Development Corp (PKNS), properties in Kota Damansara remain relatively affordable.

KUALA LUMPUR (Feb 5): The National Centre for Infectious Disease Control will be built at the site of the former leper settlement, near Sungai Buloh Hospital (HSB), in Selangor, after the houses there are demolished starting in June.

SUNGAI BULOH (Dec 15): The Selangor Development Corporation (PKNS) aims to build 7,500 affordable homes in the state to cater to residents on a tight budget, says PKNS general manager Azlan Alifiah.