PROPERTY SNAPSHOT 4: What’s hot in Taman Desa?
• Today, we look at price growth and indicative rental yields for non-landed homes in Taman Desa.
Wish list to new housing minister
PETALING JAYA (June 29): The National House Buyers’ Association (HBA) hopes that the new Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar will encourage greater home ownership.
UEM Sunrise sells land to South Korean cosmetic co
KUALA LUMPUR (June 29): UEM Sunrise Bhd's wholly-owned subsidiary UEM Land Bhd signed a sale and purchase agreement (SPA) with South Korea-based cosmetic company AmorePacific Corp for the sale of a 10ha (25.
E&O: No negative impact from Brexit on our UK properties
KUALA LUMPUR (June 29): Property developer Eastern & Oriental Bhd (E&O) said Brexit will not negatively impact the total net realisable value of the group’s properties in the United Kingdom.
Mapletree Logistics Trust to acquire Shah Alam warehouse for S$53.2m
SINGAPORE (June 29): The manager of Mapletree Logistics Trust (MLT) is acquiring a warehouse facility in Malaysia at a purchase consideration of RM160 million from its sponsor, Mapletree Investments.
S P Setia still positive on Battersea despite Brexit
KUALA LUMPUR (June 29): S P Setia Bhd is still positive on the long-term prospects of Battersea Power Station and remains committed to the development of the entire project, which is expected to be fully developed by 2025, despite the short-term uncertainty in the aftermath of Brexit.
Bina Puri expects order book, earnings to pick up from 2Q
KUALA LUMPUR (June 29): Bina Puri Holdings Bhd, whose net profit slumped 34.
Tranquil escape
IT is easy to forget that Gerimis Senja Villa is less than an hour’s drive from the hustle and bustle of Kuala Lumpur.
Kota Kinabalu residential market to remain resilient
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.
PROPERTY SNAPSHOT 3: What are developments priced in Taman Desa?
• Today, we continue our focus on Taman Desa by looking at average prices on a per sq ft (psf) basis.
