News about Selangor

Gabungan AQRS Bhd (Sept 19, 98 sen) Maintain buy with lower target price (TP) of RM1.

KUALA LUMPUR (Sept 17): Selangor Properties Bhd (SPB) will be launching Aira Residence in Damansara Heights, Kuala Lumpur next month, according to the company’s COO Chong Koon San.

LBS Bina Group Bhd (Sept 13, RM1.

KUALA LUMPUR (Sept 13): LBS Bina Group Bhd has teamed up with the Selangor state government to jointly undertake a mixed development township in Ijok, Selangor, with an estimated gross development value (GDV) of RM3.

KUALA LUMPUR (Sept 13): Property developers have hit back at the Selangor government for amending policies and imposing surcharges that would increase their costs of business, an issue that becomes all the more critical when the current soft market forces them to compete for the segment that demands affordable homes.

PETALING JAYA (Sept 13): S P Setia Bhd saw an overwhelming crowd of 2,000 potential purchasers queuing up for the developer’s De Palma affordable apartment under the Rumah Selangorku programme at its open day last weekend, where only 200 units were available for sale.

PUCHONG: Hillcrest Gardens Sdn Bhd will be launching a medium high-end condominium project in Puchong, Selangor at the end of the year.

PETALING JAYA (Sept 9): The Valuation and Property Services Department (JPPH) is urging property owners who are dissatisfied with their valuation results to send their appeals to Petaling Land Office to have their appeals recorded.

KUALA LUMPUR (Sept 9): The government must take the lead in getting property developers to transition to the Industrialised Building System (IBS) by providing tax breaks, and making it compulsory for government projects to implement the modular construction method, says the Real Estate and Housing Developers’ Association (Rehda).

LOOKING at old photos of Kuala Lumpur, one would notice that there were few tall buildings at the time.