News about UK

DESPITE the current weak market conditions, property developer Eastern & Oriental Bhd (E&O) is planning about RM1 billion worth of launches locally in the next six months (1H2016).

IPOH (Jan 8): The fast changing skyline of Ipoh will soon see the rise of twin towers.

KUALA LUMPUR (Jan 8): At least 62 registered land owners today filed a judicial review application at the High Court in Kuala Lumpur against Putrajaya over the latter approving the land acquisition of Ampang Park Shopping Centre for the MRT station complex to be built there.

SEVERAL real estate markets across the globe grew this year, albeit at a slower pace.

SHAH ALAM (Dec 30): Only World Group Holdings Bhd (OWG), which aims for a 50% growth in revenue this financial year ending June 30, 2016 (FY16), expects to seal an investment deal “in the next couple of months”.

GEORGE TOWN (Dec 29): The federal government should approve the Penang Transport Master Plan so that the state government cannot use it as a "political gimmick" to raise public outcry, says Penang state exco Chow Kon Yeow (pictured).

This week’s spotlight falls on the secondary market of non-landed residences in Central City Kuala Lumpur (excluding the KLCC enclave, which has been previously analysed separately).

KUALA LUMPUR (Dec 22): A plant expert has dismissed recent social media claims that a popular house plant causes cancer as lacking scientific proof.

SHAH ALAM (Dec 21): MCT Bhd has dismissed the concerns of certain factions about a possible mandatory takeover by its single largest shareholder Ayala Land Inc after the latter raised its stake in the company to 32.

KUALA LUMPUR (Dec 21): Shahfizul and Halida, a couple in their late 20s, said they had to give up a lot to purchase their first property, a RM460,000 home in the Klang Valley, and can't make further sacrifices as they live out their 35-year term loan.