PROPERTY SNAPSHOT 2: What’s affordable in Bukit Jalil?
• Non-landed residential property indices in Bukit Jalil appear affordable.
PROPERTY SNAPSHOT 1: Bukit Jalil trending up
• This week, the spotlight falls on the secondary market of non-landed residences in Bukit Jalil, Kuala Lumpur.
Mah Sing's 1Q profit comes in at RM95m as M City, Icon City near completion
KUALA LUMPUR (May 26): Premier lifestyle developer Mah Sing Group Bhd posted a net profit of RM95.
KL suburb continues to do well
SITUATED 15km south of Kuala Lumpur, Bandar Baru Seri Petaling, also known as Sri Petaling, was a rubber estate before it was developed and launched in 1977 by Petaling Garden Sdn Bhd, now a wholly-owned subsidiary of I&P Group.
Tien Wah, Lum Chang to jointly develop mixed-use project
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.
Maintaining a culture of care
IN 1995, Alex Lee graduated from an advertising course from a local college but, he has never worked a day in the advertising industry.
Sri Petaling to continue to enjoy growth
PETALING JAYA (May 14): Sri Petaling’s property market is expected to continue to enjoy growth on rising demand from developers looking for land beyond the city centre, said property consultants.
An old housing estate’s potential
SOME of the older housing estates in Petaling Jaya, Selangor are like fine wine.
DONE DEAL: Glomac Centro at Kayu Ara, Petaling Jaya, Selangor
Rented for: RM1,800 Concluded by: Edmund Chin of Propstar Realty (012-339 1260) When: March 2016 Noteworthy: • Leasehold • Intermediate office unit on the first floor with washroom • Built-up area: 1,637 sq ft • Near institutes of higher education such as KDU, KBU and SEGi College; within 15 to 30 minutes’ drive to shopping malls such as 1 Utama, The Curve, IKEA and Atria Shopping Gallery • Surrounded by mature townships such as Bandar Utama, Damansara Utama and Damansara Jaya Glomac Centro is a mixed development comprising 2-storey shop offices and a block of 29-storey serviced apartments in Kayu Ara, Petaling Jaya.
MWE intends to sell 9 parcels of land, golf club stake to trim debts
KUALA LUMPUR (May 6): MWE Holdings Bhd intends to sell nine parcels of leasehold lands and its entire stake in MWE Golf & Country Club Bhd to Newfields Land Sdn Bhd’s wholly-owned subsidiaries for RM55 million and RM1 respectively.
