THE total value of land plots put up for auction in the first nine months of 2016 (9M2016) has almost doubled from the total value recorded during the same period last year, according to data compiled by online auction house AuctionGuru.
In an environment where consumer sentiment is weak and new malls are struggling to perform, a shopping centre that is soon to be completed in Selayang, Selangor — Selayang StarCity Mall (SSCM) — is attracting interested buyers, including funds and real estate investment trusts.
PETALING JAYA (Nov 28): S P Setia Bhd’s Setia Eco Templer in Selayang, Selangor received the Design Excellence Award at the Malaysian Institute of Planners (MIP) Planning Excellence Award 2016 award ceremony held last Friday (Nov 25).
PETALING JAYA (Aug 27): Property developer JL99 Group has presented two serviced apartment units at its LakePark Residence to Olympic silver medallist men’s doubles badminton pair — Goh V Shem and Tan Wee Kiong today.
KUALA LUMPUR (Aug 24): Three months after expressing confidence that its RM4 billion property sales target for the current year is achievable, S P Setia Bhd yesterday lowered the figure to RM3.
ASIAN Retail Mall Fund II (ARMF), which owns the SStwo Mall in Petaling Jaya, is believed to be seeking a buyer for the retail asset as an earlier plan to redevelop the site has been shelved.
PETALING JAYA (May 15): The first phase of Setia Eco Templer in Templer’s Park – which was launched yesterday – saw all 176 units of its 2-storey linked villas and all six of its 2-storey bungalows snapped up, while 25 of its 52 units of 2-storey semi-detached houses were taken up as at today, said S P Setia Bhd executive vice-president Datuk Koe Peng Kang.
PETALING JAYA (May 14): S P Setia Bhd's Setia Eco Templer project near Templer's Park in Kuala Lumpur saw about 60 potential buyers camping at thesales gallery there since Friday night as they seek to secure their preferred units, said executive vice-president Datuk Koe Peng Kang.
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