News about Selangor

KUALA LUMPUR (Jan 16): Integrated property developer Kepong Industrial Park Group better known as KIP Group will be adding another five hybrid community-centric retail centres under the KiP brand in Selangor, Negeri Sembilan, Pahang and Kedah over the next three to five years.

PETALING JAYA (Jan 16): CB Land Sdn Bhd, a wholly-owned subsidiary of Crest Builder Holdings Bhd, expects to complete The Greens@Subang West condominium by June next year, said  Crest Builder group managing Director Eric Yong.

BANDAR SAUJANA PUTRA (Jan 11): LBS Bina Group Bhd will be launching the final block of BSP21, a serviced apartment development in Bandar Saujana Putra, Selangor this weekend.

KUANG (Jan 9): Gamuda Land plans to launch its 810-acre Gamuda Gardens township development soon after the Chinese Lunar New Year.

Ikhmas Jaya Group Bhd (Jan 5, 59.

Sold for: RM2,450,000 (RM875 psf) Concluded by: Daniel Wong (REN 01967) of Sang Associates  (013-3868108) When: August 2016 Noteworthy: ● Freehold ● 2,800 sq ft ● Developed by Selangor Dredging Bhd ● Completed in March 2008 ● 7 blocks of 20 storeys ● 105 units in each block ● Private lift and private lobby ● Unit has a view of Royal Selangor Golf Club and the greenery of Jalan Stonor ● Two car parks ● Maintenance fee is 48 sen psf According to the agent, Daniel Wong of Sang Associates, the selling price of this unit was slightly below market price owing to the slow market.

KUALA LUMPUR (Jan 5): Ikhmas Jaya Group Bhd has been appointed to undertake the piling and substructure work for a commercial building in Damansara, Selangor, valued at RM37.

TYCOON Tan Sri Lee Kim Yew, who is behind the development of Mines Resort City in Seri Kembangan, Selangor, is putting up 38.

Property sector Maintain neutral: The House Price Index (HPI) grew by 5.

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