DONE DEAL: Ceriaan Kiara condominium at Mont’Kiara, Kuala Lumpur

Sold for: RM1 million (RM547 psf) Concluded by: Fairuz Azhan (REN 16658) (016-222 2533) of MIP Properties and Casper Yee (REN 13384) (016-259 1812) of HASB Consultants When: September 2016 Noteworthy: ● Freehold ● Partially furnished ● Built-up area: 1,828 sq ft ● 3+1 bedrooms and 3 bathrooms ● High floor unit ● Fully renovated Developed by YNH Property Bhd, Ceriaan Kiara is a freehold luxury condominium situated in Mont’Kiara, Kuala Lumpur.

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MQREIT: No plans to go into property development yet

KUALA LUMPUR (Dec 8): MRCB Quill Management Sdn Bhd, the manager of MRCB-Quill Real Estate Investment Trust (MQREIT), says it has no plans to embark on property development activities as yet, despite the proposed liberalisation of the REIT guidelines by the Securities Commission Malaysia (SC) in July.

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MQREIT will look into potential of acquiring Menara Celcom in PJ

KUALA LUMPUR (Dec 7): MRCB Quill Management Sdn Bhd, the manager of MRCB-Quill Real Estate Investment Trust (MQREIT) said it is open to acquiring new assets in the future and will look into the potential of injecting Menara Celcom in Petaling Jaya from one of its sponsors, Malaysian Resources Corp Bhd (MRCB).

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Prices rise marginally on secondary market

PROPERTY prices on Kota Kinabalu’s secondary market have been rising over the last five years, albeit at a marginal rate, observes Rahim & Co branch manager Max Sylver Sintia when presenting The Edge/Rahim & Co Kota Kinabalu Housing Property Monitor 3Q2016.

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