KUALA LUMPUR (April 4): The shift of focus to affordable housing below the RM500,000 per unit range, which has been seeing more resilient demand than higher-end properties, may strain the margins of developers, especially those who are not traditionally involved in this housing category, said Kenanga Investment Bank.
KUALA LUMPUR (March 31): S P Setia Bhd's unit Setia EcoHill Sdn Bhd is seeking an additional RM75 million to finance the development of a clubhouse and an international school at its Semenyih property development project.
EVERYONE is talking about the coming of another economic downturn, locally and globally.
IN a bid to sustain itself in a sluggish local property market, BRDB Developments Sdn Bhd has turned its attention to other parts of the world.
KUALA LUMPUR (March 26): Real estate private equity and advisory firm Area Management Sdn Bhd is building Area Logistics here, the country’s first inner-city mega distribution hub with 1.
Sold for: RM685,000 Concluded by: Des Yap of Vivahomes Realty (016-220 2209) When: December 2015 Noteworthy: • Built up: 1,900 sq ft • Land area: 3,053 sq ft • Corner lot • Unfurnished • 4 bedrooms and 3 bathrooms • Gated-and-guarded scheme • 3km to Rawang Aeon and McDonald’s Kota Emerald West consists of 2-storey terraced houses and cluster houses (semi-detached homes that comprise four homes joined together, resulting in each house becoming a corner house).
KUALA LUMPUR (March 24): The level of household debt-to-gross domestic product (GDP) ratio continued to be elevated at 89.
PETALING JAYA (March 21): As at the end of January, China-Malaysia Qinzhou Industrial Park (CMQIP) in Nanning, China, had confirmed that 20 investment projects would be set up in the start-up area of the industrial park, according to S P Setia Bhd executive vice president Datuk Koe Peng Kang.
KUALA LUMPUR (March 19): BRDB Developments Sdn Bhd plans to launch RM2 billion worth of projects this year – namely in TamanSari in Rawang, Selangor, the Defense Raya Golf and Country Club (DRGCC) in Lahore, Pakistan, and Gateway Wollongong in New South Wales, Australia.
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