Country Garden closes all China sales centres

KUALA LUMPUR (March 10): Hong Kong-listed Country Garden Holdings Co Ltd has closed all sales centres in China for its Forest City housing project in Johor, according to a South China Morning Post report yesterday.

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DONE DEAL: Bungalow at Tropicana Golf and Country Resort, Petaling Jaya

Rented for: RM20,000 a month Concluded by: Christine Lim (REN 01622) of Tech Realtors Properties (012-633 3333) and Freeman Woo (REN 05026) of MIP Properties (012-656 7617) When: October 2016 Noteworthy: ● leasehold ● golf club view ● gated-and-guarded development ● unit land area: 7,700 sq ft; built-up size: 9,000 sq ft, ● two storeys ● 4+1 bedrooms and six bathrooms ● Clubhouse facilities: tennis and badminton courts, bowling, swimming pools, 27-hole golf course, library, gaming room, gymnasium, children playground and multipurpose hall ● Near amenities that include an international school, university, medical centre, shopping malls, convenience store and restaurants ● Easy access to Jalan Tropicana Utama which connects to neighbouring townships in Petaling Jaya, the New Klang Valley Expressway and Damansara-Puchong Highway Developed by Tropicana Corp Bhd, Tropicana Golf & Country Resort is a luxury residential project in a gated-and-guarded community.

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China’s Country Garden is here for ‘long term’

KUALA LUMPUR (March 1): Hong Kong-listed Country Garden Holdings Co Ltd, the company that develops Forest City project that carries a gross development value of US$100 billion (RM444 billion) along the Straits of Johor, is here to stay for long-term investment.

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Mixed performance in 4Q2016

THE property market in Johor will remain challenging this year and developers will focus on clearing stock and selling products priced below RM700,000.

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