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PETALING JAYA (Sept 23): Hard Rock International is set to open a Hard Rock Hotel in Johor Bahru’s Desaru Coast in 4Q2017.

Artist's impression of Gravit8 (Images by Mitraland Group) THE harrowing congestion in the city has propelled many homebuyers to purchase upmarket properties in the suburbs.

KUALA LUMPUR (Sept 23): The annual MIEA National Real Estate Awards (NREA) organised by the Malaysian Institute of Estate Agents (MIEA) has received 31 submissions and more than 20 winners will be announced at the gala dinner to be held on Oct 1 at Sime Darby Convention Centre in Kuala Lumpur.

Sold for: RM1 million (RM943.

KUALA LUMPUR (Sept 22): S P Setia Bhd is targeting to launch its second serviced residence in KL Eco City, ViiA Residences, at the end of this month, pending approval from the authorities.

KUALA LUMPUR: The next start-up hotspot will be Damansara Heights due to its improved infrastructure and connectivity, said Knight Frank Malaysia managing director Sarkunan Subramaniam.

THINGS have been quiet on the Penang primary property market so far, although the secondary market has seen some activity, albeit slower.

KUALA LUMPUR (Sept 21): In response to requests for an extension in the tenure of housing loans to up to 40 years, the Real Estate and Housing Developers Association (Rehda) said the current 35-year limit is more than enough.

KUALA LUMPUR (Sept 21): After holding back some of its project launches for about a year, Glomac Bhd is now targeting to launch properties worth some RM1 billion in total gross development value (GDV) before its current financial year end April 30, 2017 (FY2017).

PETALING JAYA (Sept 21): IOI Properties Group Bhd sold 75% of its Avista 2-storey terraced houses, located at the developer’s Warisan Puteri township in Kota Warisan, Sepang, Selangor at its launch last weekend.