Half of overhang units are homes priced at RM300,000 and below
DEPUTY Finance Minister Datuk Chua Tee Yong expects the Malaysian housing property market to further soften this year.
DONE DEAL: T-Parkland @ Templer Park condominium in Rawang
Sold for: RM455,000 (RM368 psf) Concluded by: Mike Yap of Vivahomes Realty (018-262 6898) When: March 2016 Noteworthy: • Freehold • 1,236 sq ft • 3 bedrooms and 2 bathrooms • Furnished with kitchen cabinet, built-in wardrobe, air-con and downlights • Newly-completed condominium • Level 6, facing swimming pool • Two car parking bays T-Parkland @ Templer Park by B&G Property is a condominium sitting on 3.
UOA REIT's chairman Alwi Jantan quits for personal reasons
KUALA LUMPUR (April 21): UOA Real Estate Investment Trust (UOA REIT) said its chairman Tan Sri Alwi Jantan has resigned today, due to personal reasons.
Penthouses for RM1 million and below
DO you think that owning a penthouse is out of your league? Well, we found some of these units for less than RM1 million – in the Klang Valley no less.
i-City property showcase to display homes below RM500,000 this weekend
PETALING JAYA (April 21): The i-City property showcase, which will run from April 22 to 24, will showcase the integrated development’s properties priced below RM500,000 such as its Liberty Tower, Parisien Tower and Hyde Tower projects at the i-Gallery @ i-City in Shah Alam.
Napic: Performance of retail and offices softened in KL for 2015
PETALING JAYA (April 21): There was a drop in occupancy rate for retail spaces in Kuala Lumpur by 2.
Napic: Despite slowdown, KL landed home values continued to grow in 2015
PETALING JAYA (April 21): The Federal Territory KL’s (KL) property market saw a slight moderation as the market activity and construction sector softened, but prices of landed residential property still recorded strong growth in 2015.
Crest Builder to jointly develop Jalan Ampang land with MRB
KUALA LUMPUR (April 21): Crest Builder Holdings Bhd’s 51%-owned unit, Landasan Bayu Sdn Bhd, has entered into a joint development agreement with the Malaysian Rubber Board (MRB) for the development of the latter’s piece of land in Jalan Ampang, Kuala Lumpur.
UEM Sunrise proposes RM2.5b sukuk debt notes to raise funds
KUALA LUMPUR (April 21): UEM Sunrise Bhd has proposed a RM2 billion Islamic commercial papers (ICP) programme and Islamic medium-term notes (ICP/IMTN-2) programme, with a sub limit of RM500 million for the ICP.
E&O aborts UK unit’s planned London Stock Exchange listing
KUALA LUMPUR (April 21): Eastern & Oriental Bhd (E&O) has cancelled the proposed admission of the securities of its indirect wholly-owned Eastern & Oriental Property (UK) Ltd (E&O UK) to trade on the London Stock Exchange (LSE), citing unstable global market conditions and exchange rate volatility as the reasons.
