Property owners seek clarity on land valuations by JPPH

PETALING JAYA (Sept 6): Some residential bungalow owners along Jalan Gasing in Petaling Jaya are puzzled with the disparity in the valuations done on their properties by private valuers, and those done by the Valuation and Property Services Department (JPPH).

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S P Setia ready for next phase of growth

S P Setia Bhd is now on a sound financial footing after weathering a storm of challenges in the past two to three years, including changes to its management and shareholding structure, and an exodus of staff members in 2014.

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Affordable housing challenge

KUALA LUMPUR (Sept 5): Amid slowing demand and deteriorating profits, it seems now is a good time for housing developers — who are accused of being only interested in higher-end properties — to switch their focus to affordable housing, demand for which far outstrips supply.

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BBCC, rejuvenating the city centre

RECALLING the olden days when Bukit Bintang used to be the entertainment centre of Kuala Lumpur, chief executive officer of BBCC Development Sdn Bhd Datuk Richard Ong said its Bukit Bintang City Centre (BBCC) development can rejuvenate the city centre once again as an entertainment hub.

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DONE DEAL: Le Yuan Residence, Jalan Kuchai Lama, Kuala Lumpur

Sold for: RM1 million (RM561 psf) Concluded by: Adeline Teh (REN 04207) of Hartamas Real Estate OUG Sdn Bhd (012-320 6520) When: July 2016 Noteworthy:  ● 1,782 sq ft ● 3 + 1 bedrooms ● 3 + 2 (1 powder room and 1 maid’s toilet) bathrooms ● Facing west ● High floor ● Bare unit ● Facilities: man-made beach, steam bath, sauna room, two indoor badminton courts, floating gym, playground and multipurpose hall Le Yuan Residence was developed by UOA Development Bhd and handed over at the end of 2014.

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Private entities to the fore in SUKE and DASH projects

EARLY this month, Permodalan Nasional Bhd’s (PNB) unit Projek Lintasan Kota Holdings Sdn Bhd (Prolintas) awarded 17 contracts worth almost RM8 billion for the Sungai Besi–Ulu Kelang Elevated Expressway (SUKE) and Damansara–Shah Alam Elevated Expressway (DASH).

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