News about Selangor

SELAYANG (Dec 19): F3 Capital Sdn Bhd today announced the completion and handover of its latest mid-end serviced apartment development, Selayang18 in Selayang, Selangor.

The Selangor state government, in its effort to meet the current demand for affordable housing, has recently issued a mandate to property developers in Selangor to allocate up to 30% of their serviced apartment, Small-office Home-office (SoHo), Small-office Versatile-office (SoVo) and Small-office Flexible-office (SoFo) developments to affordable units, depending on property type and location.

KUALA LUMPUR: Puncak Niaga Holdings Bhd is buying over the business of construction firm TRIplc Bhd for RM210 million to enhance its construction segment's revenue and long-term growth prospects.

KUALA LUMPUR (Dec 16): Engineering, construction and infrastructure player Gamuda Bhd's net profit came in largely flat in its first quarter with a slight dip in revenue as construction works for the MRT1 or MRT Line 1 tapers off.

PETALING JAYA: Malaysia Land Properties Sdn Bhd (Mayland) is planning to launch properties worth RM2.

GLOBAL Oriental Bhd is wrapping up the year with a soft launch of the second phase of its Galleria mid-range serviced apartment, in Equine Park, Seri Kembangan, on Dec 3.

KUALA LUMPUR (Dec 8): Selangor Dredging Bhd (SDB) has proposed the acquisition of a freehold property in Singapore’s Serangoon Road for S$47 million (RM146.

  SUBANG (Dec 6): The Selangor state government hopes to obtain “smart state” status by 2025 according to its Smart Selangor Blueprint launched today at the inaugural Smart City International Conference 2016 in Subang.

THE total value of land plots put up for auction in the first nine months of 2016 (9M2016) has almost doubled from the total value recorded during the same period last year, according to data compiled by online auction house AuctionGuru.

Sold for: RM2.