Principal Place Residential launches £160m Upper House in KL
KUALA LUMPUR (May 22): Principal Place Residential Ltd will be launching 90 units of luxury apartments named Upper House at Mandarin Oriental Hotel in Kuala Lumpur this weekend.
Malaysia to host Fiabci 66th World Real Estate Congress
PETALING JAYA (May 22): For the second time in a decade, Malaysia will host the Fiabci or International Real Estate Federation 66th World Real Estate Congress.
Resimax showcases Northern Growth Corridor project
PETALING JAYA (May 22): Resimax Group is showcasing its Northern Growth Corridor (NGC) residential project in Melbourne’s economic development zone at Mernda and Epping this weekend at InterContinental Hotel, Kuala Lumpur.
Sustainability and vertical living discussed at Naprec conference
KUALA LUMPUR (May 21): Land development and “vertical living” issues were today addressed at the 10th National Real Estate Research Coordinator (Naprec) Conference held at the National Institute of Valuation (Inspen) in Kajang.
UEM Sunrise takes steps to limit exposure to Iskandar
KUALA LUMPUR (May 21): Property developer UEM Sunrise Bhd is taking steps to limit its exposure to Iskandar Johor as the area has been plagued by oversupply of property development projects.
KL’s high-end condo market sees drop in rental, capital values
PETALING JAYA (May 21): The first quarter of 2015 (1Q2015) saw significant new supply of condominiums, reported DTZ Research.
PROPERTY SNAPSHOT What’s hot in KLCC?
• Today we look at price growth and indicative asking rental yields for non-landed residences in the KLCC area.
Residents have right to details of one-way loop system, PJ council told
PETALING JAYA (May 20): Former Petaling Jaya councillor Mak Khuin Weng wants the Petaling Jaya City Council (MBPJ) to provide details on the one-way loop (OWL) system under the Freedom of Information Enactment.
Magna Prima unit files claim for RM2.42 mil against PKNS
KUALA LUMPUR (May 20): A subsidiary of Magna Prima Bhd, Ibsul Development (Sel) Sdn Bhd, has filed a writ of summons and statement of claim against Selangor’s property development arm Perbadanan Kemajuan Negeri Selangor (PKNS), to claim special damages amounting to RM2.
WCT may defer REIT listing plan
KUALA LUMPUR (May 20): Builder-cum-property developer WCT Holdings Bhd, which had earlier planned to set up a RM2 billion real estate investment trust (REIT) this year, may postpone the exercise until 2016.
