News about Selangor

PANAMA CITY (May 25): Malaysian property projects continue to impress the global real estate community with their strong showing at the Fiabci Prix d'Excellence Awards 2016.

KUALA LUMPUR (May 26): The Employees Provident Fund's (EPF) wholly-owned unit Kwasa Land Sdn Bhd appointed Malaysian Resources Corp Bhd (MRCB) as project delivery partner (PDP) to develop the Kwasa Damansara township's main infrastructure.

KUALA LUMPUR (May 26): I-Bhd, whose first-quarter net profit jumped 50% year-on-year, expects to perform better for the financial year ending Dec 31, 2016 (FY16).

•     This week, the focus is on the secondary market of non-landed residences in Selangor’s UEP Subang Jaya better known as USJ.

PROTASCO Bhd is adopting the new urbanism concept in its maiden project, De Centrum City, in Kajang, 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.