News about US

KUALA LUMPUR (May 22): Principal Place Residential Ltd will be launching 90 units of luxury apartments named Upper House at Mandarin Oriental Hotel in Kuala Lumpur this weekend.

KUALA LUMPUR (May 21): Property developer UEM Sunrise Bhd is taking steps to limit its exposure to Iskandar Johor as the area has been plagued by oversupply of property development projects.

SINGAPORE (May 15): EcoWorld Development Group Bhd (EcoWorld) celebrated the opening of its international EcoWorld Gallery @ Singapore today.

KUALA LUMPUR (May 15): Knight Frank, together with Jones Lang LaSalle (JLL), will be launching London’s latest property development, Garden House W2, this weekend at the Mandarin Oriental Kuala Lumpur.

CHERAS (May 12): Boustead Ikano Sdn Bhd, a joint venture between Boustead Holdings Bhd and Ikano Pte Ltd, today unveiled MyTown – a new shopping centre encompassing 18 acres, which will open in the second half of 2016.

Property sector Maintain overweight: Recent statistics released by the National Property Information Centre (Napic) revealed that overall property transaction value was up +7% year-on-year (y-o-y) to RM163 billion, while volume changed hands rose +0.

PETALING JAYA (May 8): The Kedah property market recorded moderate performance in 2014, led by the residential property sector, which comprised 51.

PETALING JAYA (May 7): Johor Sultan Ibrahim Sultan Iskandar today said he wants the Johor Real Property and Housing Board Bill to be reviewed.

PETALING JAYA: Research house Hong Leong Investment Bhd (HLIB) maintained its conservative forecast of UEM Sunrise Bhd's profit for the financial year 2015 (FY2015), according to a report in The Edge Financial Daily today.

KUALA LUMPUR (April 30): UEM Sunrise is looking to launch RM3.