News about ST

PROPERTY stocks have gone into a tailspin as the boom years have come to an abrupt halt.

•    Today, we look at price growth and indicative rental yields for non-landed homes in Kota Damansara.

PETALING JAYA (June 8): A fresh crop of fraud cases involving illegal property brokers making headlines have prompted the Board of Valuers, Appraisers, and Estate Agents Malaysia (BOVAEA) to issue yet another warning to the public against dealing with such agents as they put their life’s savings at risk.

KUALA LUMPUR (June 8): The High Court here yesterday allowed an application by the developer of the East Klang Valley Expressway (EKVE) project to be an intervenor in a lawsuit by three environmental organisations to challenge the Selangor Forestry Department’s decision to close Taman Rimba Ampang (Ampang Forest Park) to make way for the project.

PROPERTY market cycles come and go, but with prolonged weakness, the current slowdown could point to a much larger economic issue.

FROM its trendy restaurants to its art and culture centres, Melbourne has long presented itself as one of the most desirable places to live and work.

•     Today, we continue our focus on Kota Damansara by looking at average prices on a per square foot (psf) basis.

LOS ANGELES (June 7): The famous Playboy mansion which has hosted countless exotic parties is set to receive a new yet familiar owner — its next-door neighbour, according to a recent report by The Wall Street Journal.

LBS Bina Group Bhd (June 6, RM1.

TASMANIA (June 6): The chief executive and founder of Fragrance Group, Koh Wee Meng is believed to have bought a A$5.