Looking better but Kota Damansara flats still have long way to go
KUALA LUMPUR (Feb 15): Much has been done in a year to improve conditions at the Kota Damansara low-cost (PPR) flats in Petaling Jaya, Selangor.
Value of building works done to rise 10%-15%
KUALA LUMPUR (Feb 12): The total value of construction works done in the country is expected to grow between 10% and 15% over the next two years, sustained by property projects launched in recent years.
Total value of construction work done grows 11.2% in 4Q2015
KUALA LUMPUR (Feb 11): The total value of construction works done in Malaysia grew 11.
More malls consolidation expected this year
KUALA LUMPUR (Feb 10): Property consultancy firm Rahim & Co highlights the possibility of more consolidation of the Klang Valley's retail space this year as more malls are launched, contributing to a growing glut in the sector.
Houses at former leper settlement in Sungai Buloh to be demolished
KUALA LUMPUR (Feb 5): The National Centre for Infectious Disease Control will be built at the site of the former leper settlement, near Sungai Buloh Hospital (HSB), in Selangor, after the houses there are demolished starting in June.
Selangor Prop buys four parcels of land to develop high-end villas
KUALA LUMPUR (Feb 4): Selangor Properties Bhd (Selangor Prop) has acquired four parcels of land, measuring a total of 5,253 sq m in Kuala Lumpur for RM32.
Selangor Dredging buys land in Ulu Klang for RM450m project
KUALA LUMPUR: Selangor Dredging Bhd (SDB) is proposing to develop 588 units of residential properties with a gross development value of RM450 million on two pieces of land it is acquiring in Ulu Klang, Selangor.
Property prices to consolidate further, says economist
KUALA LUMPUR (Jan 20): Property prices are expected to consolidate further to the House Price Index (HPI) 15-year, long-term average of 5.
2016 to be another challenging year for property sector, says HLIB Research
KUALA LUMPUR (Jan 7): Hong Leong IB Research has maintained its “Neutral” rating on the property sector and said the house price index (HPI) growth normalised back to long-term growth rate of 5% after rising by CAGG of 12.
KL office rental rates under pressure
A large supply of office space continued to weigh on rental rates in Kuala Lumpur, KL Fringe and Beyond KL (Selangor) in 3Q2015, while the overall market is expected to remain gloomy until year end.
