News about Selangor

S P Setia Bhd (May 13, RM3.

SOME of the older housing estates in Petaling Jaya, Selangor are like fine wine.

  Rented for: RM1,800 Concluded by: Edmund Chin of Propstar Realty (012-339 1260) When: March 2016 Noteworthy: • Leasehold • Intermediate office unit on the first floor with washroom • Built-up area: 1,637 sq ft • Near institutes of higher education such as KDU, KBU and SEGi College; within 15 to 30 minutes’ drive to shopping malls such as 1 Utama, The Curve, IKEA and Atria Shopping Gallery • Surrounded by mature townships such as Bandar Utama, Damansara Utama and Damansara Jaya Glomac Centro is a mixed development comprising 2-storey shop offices and a block of 29-storey serviced apartments in Kayu Ara, Petaling Jaya.

TAN Sri Datuk Sri Leong Hoy Kum expects the local property market to hit a turning point soon and anticipates demand to pick up in the second half.

KUALA LUMPUR (May 9): RAM Rating Services Bhd has maintained its negative outlook on the Malaysian residential property sector as well as the office and retail sub-segments in Kuala Lumpur and Selangor this year.

Property sector Maintain neutral: According to the National Property Information Centre, Malaysia’s property market recorded an 8% decline in transaction value and a 5.

KUALA LUMPUR (May 4): Sime Darby Property Bhd is capitalising on social media via digital platforms like Facebook, Instagram and YouTube, to mark Subang Jaya’s 40th anniversary celebration.

KUALA LUMPUR (May 4): Kimlun Corp Bhd has won a construction contract worth RM165.

Construction firm-turned-property developer Johawaki Development Sdn Bhd will launch Phase 3 of its landed development, Avanti Residences, on May 7.

•    This week, the spotlight falls on the secondary market of non-landed residences in Kelana Jaya, Selangor.