News about ar

PETALING JAYA (Feb 29): Sime Darby Property Bhd’s Elmina Valley Phase 1, which comprises 2-storey linked homes, saw a take-up rate of 95% within a day of its launch last Saturday.

KUALA LUMPUR (Feb 29): Real estate consultancy firm Knight Frank Malaysia foresees more high-end condominium projects in Kuala Lumpur that were originally scheduled for launch by 1H2016 being deferred owing to the large amount of incoming supply and poor market sentiment.

LBS Bina Group Bhd (Feb 26, RM1.

KUALA LUMPUR (Feb 27): Green Target Group plans to bring Kuala Lumpur’s lifestyle to the small town by launching The Colonial in Raub, Pahang this August.

PETALING JAYA (Feb 24): About 33% of London’s West End homes were sold for above £2,250 psf in the final quarter last year (4Q2015), compared with 10% of the market a year ago, said international property services firm CB Richard Ellis (CBRE) senior director Jamie Gunning in the firm’s report on the area’s residential market.

PETALING JAYA (Feb 26): The second tower of The Tamarind executive apartments in Penang by  Eastern & Oriental Bhd (E & O) is 80% sold since its launch in late-2015, the group said in a press statement.

SUBANG JAYA (Feb 26): Titijaya Land Bhd will be unveiling the last block of its H2O Residences at Ara Damansara in Petaling Jaya early next month, according to the company’s executive director Charmaine Lim (pictured, below).

KUALA LUMPUR (Feb 26): Paramount Corp Bhd, which saw its full-year 2015 net profit climb 8.

FOR Dave Soh (pictured), senior negotiator at MIP Properties, selling properties is just one part of his job scope as he believes there is more to the profession.

2015 was not a great year for the Malaysian property market.