DONE DEAL: Double-storey terraced house, USJ 5, Subang Jaya, Selangor

Sold for: RM880,000 Concluded by: Lai Yan Yin (REN 17086) of MIP Properties Sdn Bhd (012-881 8886) and Calvin Moy (REN 04457) of Reapfield Properties Sdn Bhd (016-692 1567) When: June 2017 Noteworthy:  ● Freehold ● Built-up: 2,000 sq ft ● Land size: 22ft x 75ft ● Three bedrooms and three bathrooms ● Strict security ● Surrounded by amenities at Taipan Business Centre Located in USJ 5, Subang Jaya, Selangor, this double-storey home was purchased by a couple with a growing family.

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Location blamed for unsold low-cost homes

KUALA LUMPUR (Aug 8): Industry players say the perceived slow demand in low-cost housing units is mainly due to difficulty in securing financing, unsuitable location of projects as well as a shift in demand towards better quality projects.

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Analysts positive on Sime Darby's Seriamas stake disposal

KUALA LUMPUR (Aug 2): Analysts are generally positive on the news of Sime Darby’s disposal of its 40% stake in Seriamas Development Sdn Bhd (SDSB) to Permodalan Nasional Bhd yesterday for RM625 million cash, despite the lack of details surrounding the transaction.

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