News about UN

KUALA LUMPUR (July 3): The Royal Malaysian Air Force (RMAF) has begun relocating to several locations and is expected to be completed by end-2016, reports The Edge Financial Daily today.

    Setapak, a large and established suburb in the district of Gombak, Kuala Lumpur, has seen the average values of its high-rise homes outpace that of Kuala Lumpur’s on the back of a strong rental market, affordability and good access via road and light rail transit.

PETALING JAYA (July 2): UEM Sunrise sold out the houses on offer in its Acacia precinct in its Serene Heights township in Bangi.

KUALA LUMPUR (July 2): Kenanga IB Research maintained its overweight call over the construction sector, as it is still firmly backed by contractors’ healthy orderbooks that provide two to three years visibility, while its replenishment prospects and earnings were met by most contractors.

UEM Sunrise Bhd  (July 1, 99 sen ) Upgrade to buy with an unchanged target price (TP) of RM1.

Today, we look at price growth and indicative asking rental yields for non-landed residences in Kuala Lumpur’s Setapak area.

Bukit Kiara Properties Sdn Bhd (BKP) has placed a prime parcel in Jalan Tun Razak, Kuala Lumpur — located opposite Bangunan Tabung Haji — up for sale, reports The Edge Malaysia in its current issue.

PRICES of homes on Johor Baru’s secondary market remained firm in 1Q2015, according to The Edge-KGV International Property Consultants Johor Baru Housing Monitor for the period.

KUALA LUMPUR (June 30): Property developer UEM Sunrise Bhd announced that its wholly-owned unit UEM Land Bhd and Bandar Nusajaya Development Sdn Bhd (BND) has signed a sale and purchase agreement with its major shareholder UEM Group Bhd to dispose of Imperia Building in Iskandar Malaysia, Johor, for RM137.

KUALA LUMPUR (June 30): The scale of 1Malaysia Development Bhd's (1MDB) Bandar Malaysia mixed-use development here may require the combined expertise and financial strength of consortiums to ensure its success.