Investors shrug off developers’ unbilled sales

KUALA LUMPUR (May 30): A comforting tune to most developers amid the tepid property market is their rather healthy unbilled sales levels, which are expected to be sufficient to sustain earnings until next year end, at least.

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MRCB named Kwasa Damansara infrastructure PDP

KUALA LUMPUR: Malaysian Resources Corp Bhd’s (MRCB) wholly-owned subsidiary MRCB Builders Sdn Bhd has been appointed the project delivery partner (PDP) to build the main infrastructure of Kwasa Damansara township.

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DONE DEAL: 2½-storey bungalow at Tijani Ukay, Ukay Perdana, Ampang

Rented for: RM8,000 Concluded by: Matt Tian of Reapfield Properties Sdn Bhd (016-208 5108) When: March 2016 Noteworthy: • Leasehold • Built-up: 3,778 sq ft • Land size: 3,821 sq ft • 6 rooms and 6 bathrooms • Leased for two years • Partially furnished with built-in wardrobes, cabinets with appliances for dry and wet kitchens, curtains, fans and air-conditioners The tenancy was concluded by Reapfield Properties Sdn Bhd negotiator Matt Tian.

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The most exclusive suburbs in town

IF you have not RM1 million, nor RM5 million, but RM10 million to spend, what would you do? For one, you could consider getting a RM10 million ringgit home in what many would call the most exclusive residential addresses in the country.

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Sunway Velocity Mall 80% leased

PETALING JAYA (May 26): Sunway Velocity Mall has leased out 80% of its net lettable area of over a million square feet ahead of its opening scheduled for October, said Sunway Shopping Malls and Theme Parks CEO HC Chan.

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