News about Selangor

Land is a limited resource, simple as that, and considering that fact alone, we can assume that land values will grow over time especially in land-scarce urban areas.

KUALA LUMPUR (Dec 28): Selangor Properties Bhd’s net profit for the fourth quarter ended Oct 31, 2016 (4QFY2016) plunged 88.

MEETING Dutch designer extraordinaire Piet Boon can be intimidating since he literally stands head and shoulders above many.

PETALING JAYA (Dec 20): Gamuda Land Sdn Bhd, the property arm of Gamuda Bhd, has fully sold out phase 1 of its 90-acre Kundang Estates in Kundang, Selangor during its launch in end-November.

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.