PROPERTY SNAPSHOT 1: Prices stabilise in Kelana Jaya
• This week, the spotlight falls on the secondary market of non-landed residences in Kelana Jaya, Selangor.
Country Garden launching phase two of Diamond City tomorrow
PETALING JAYA (April 29): Country Gardens Properties (M) Sdn Bhd will be launching the first parcel of phase two of Diamond City township development in Semenyih, Selangor tomorrow, sales and marketing manager, Ye Lang Heng told TheEdgeProperty.
MCT to launch phase 3 of Cybersouth in Cyberjaya
CYBERJAYA (April 26): MCT Bhd will be launching the third phase of Cybersouth – townhouses with built-up areas from 1,100 sq ft and indicative prices from RM400,000 – here soon, said the developer in a press release today.
S P Setia to launch Setia Eco Templer in May
RAWANG (April 25): S P Setia Bhd plans to launch the first phase of Setia Eco Templer in the first week of May, said president and CEO Datuk Khor Chap Jen.
KLK Land unveils Hibiscus 2 2-storey terraced houses
PETALING JAYA (April 25): KLK Land, a subsidiary of KL-Kepong Bhd, has opened its Hibiscus 2 2-storey terraced houses in Bandar Seri Coalfields, Sungai Buloh for registration.
Compugates unit to dispose of Dengkil land for RM62.12m
KUALA LUMPUR (April 22): Compugates Holdings Bhd’s 70%-owned subsidiary, Compugates Development and Mining Sdn Bhd, plans to dispose of a piece of land in Dengkil, Selangor, to Bangsawan Bumimaju Sdn Bhd for RM62.
Half of overhang units are homes priced at RM300,000 and below
DEPUTY Finance Minister Datuk Chua Tee Yong expects the Malaysian housing property market to further soften this year.
Penthouses for RM1 million and below
DO you think that owning a penthouse is out of your league? Well, we found some of these units for less than RM1 million – in the Klang Valley no less.
MQREIT does not expect significant impact from office space glut
KUALA LUMPUR (April 13): MRCB-Quill Real Estate Investment Trust (MQREIT) does not expect to be significantly affected by the current office space oversupply, as only 7% of its net lettable area (NLA) will be up for renewal in July.
Investor appetite to remain strong for REITs
Malaysian real estate investment trust (M-REIT) sector Maintain overweight: We currently maintain “overweight” on the sector and continue to prefer retail M-REITs (Pavilion REIT and IGB REIT) over non-retail or diversified M-REITs.
