News about UN

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.

PETALING JAYA (June 29): Sunway Construction Group Bhd (SCG) has set a dividend policy of paying out 35% of its annual core profit once it has been listed to enable its shareholders “to participate in the group’s profit”, according to its prospectus of its initial public offer.

PETALING JAYA (June 29): Sunway Construction Group Bhd’s (SCG) listing exercise will offer up to 398.

•    This week, we focus on the non-landed residential properties in one of Kuala Lumpur’s oldest suburbs, Setapak.

Real estate agents should be consultants, not salesmen, says Reapfield Properties Sdn Bhd real estate negotiator Jonathan Kuek.

KUALA LUMPUR (June 25): Construction services provider and property developer, Gabungan AQRS Bhd, which has an order book of RM1 billion, is tendering some RM700 million worth of construction projects.

• Today we look at price growth and indicative asking rental yields for non-landed residences in Sentul.

KUALA LUMPUR (June 24): Despite approving the Kampung Baru Development Corporation Act, "not one piece of steel" has been seen in the redevelopment of the historical Malay enclave, which sits on prime real estate in Kuala Lumpur, a senator said today.