News about US

•    Today, we continue our focus on Subang Jaya by looking at average prices on a per square foot (psf) basis.

MEMBERS of Rehda Youth, the youth wing of the Real Estate and Housing Developers’ Association Malaysia (Rehda) always have their fingers on the pulse of the property industry.

•    This week, the focus is on the secondary market of non-landed residences in one of Klang Valley’s most coveted addresses: Subang Jaya.

PETALING JAYA (May 15): The five-day Mapex Property Showcase 2016 saw potential buyers at the fair securing bookings for homes worth RM36 million, said organising chairperson Carrie Fong.

PETALING JAYA (May 14): Sri Petaling’s property market is expected to continue to enjoy growth on rising demand from developers looking for land beyond the city centre, said property consultants.

KUALA LUMPUR (May 12): The Construction Industry Development Board (CIDB) said the government will be mandating that all public projects worth RM50 million and above to adopt the Malaysian Carbon Reduction and Environmental Sustainability Tool (MyCREST), in a bid to reduce carbon emissions in the construction industry.

KUALA LUMPUR (May 11): Malaysia and Singapore were the sixth most preferred property investment countries for China investors in 2015, ahead of Japan (seventh) and Hong Kong (eighth), according to Australian property investment portal Investorist.

KUALA LUMPUR (May 9): Kerjaya Prospek Group Bhd (formerly Fututec Bhd) is set to win a contract worth RM300 million from property developer BCB Bhd to build a major high-rise project in Iskandar Malaysia, Johor, according to sources.

Concept Le Creuset’s rainbow-coloured shop at the lower-ground level of Mid Valley Megamall is not easy to miss, even when the mall is bustling with people.

KUALA LUMPUR (May 9): RAM Rating Services Bhd has maintained its negative outlook on the Malaysian residential property sector as well as the office and retail sub-segments in Kuala Lumpur and Selangor this year.