Selangor’s best-performing high-end houses in 2016

Data released by the National Property Information Centre (Napic) in the Property Market Report 2016 showed that landed homes with transacted prices of more than RM1 million in 15 areas in Selangor recorded double-digit growth in 2016! The top 10 locations where values of their multi-million-ringgit homes have risen by a whopping 10.

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Central i-City Shopping Centre to open end-2018

PETALING JAYA (Sept 7): Central i-City Shopping Centre, a joint-venture development by I-Berhad (I-Bhd) and Bangkok-based property developer and investor Central Pattana Public Co Ltd (CPN), is scheduled to open at the end of next year.

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An industrious couple

I-Bhd’s Tan Sri Lim Kim Hong and Puan Sri Tey Siew Thuan Drive along the Federal Highway towards Klang in the evening and you will come across the colourful LED-lighted landscape of i-City, an ultrapolis taking shape across 72 acres of freehold land in Section 7, Shah Alam, Selangor.

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MRCB wins RM369 mil DASH job

KUALA LUMPUR (Aug 16): Malaysian Resources Corp Bhd (MRCB) announced yesterday that it had secured a contract in relation to the construction of the Damansara-Shah Alam Elevated Expressway (DASH) for RM369 million.

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PKNS delays REIT plan to 2019

KUALA LUMPUR (July 31): The Selangor State Development Corp, better known as PKNS, has postponed its initial target of establishing a real estate investment trust via its property investment unit PKNS Real Estate Sdn Bhd (PKNS RE) by 2018 to 2019, while it continues to look for good buys to raise PKNS RE’s total asset value to RM1 billion.

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