News about ar

Rented for: RM4,695 per month or RM5 psf (including 6% GST) Concluded by: Jaimie Lee of Property Hub Sdn Bhd (012-281 9182) When: December 2015 Noteworthy: * Built-up: 939 sq ft * The only unit with this built-up on the entire floor * High floor, facing east overlooking the Pantai area * Partly furnished with air-conditioning units, flooring and pantry * MSC-status-certified office building The Vertical comprises two office buildings and the above mentioned unit is located in The Vertical II Office Suites, also known as Tower B.

KUALA LUMPUR (Feb 25): Selangor Properties Bhd (Selangor Prop) expects the group's earnings growth to remain flat in its current financial year ending Oct 31, 2016 (FY16), as the group, which has not launched new products for some years — though it has a luxury condominium planned this year — continues to rely on its property investments as its major income stream for now.

GEORGE TOWN (Feb 25): The new Gurney Wharf seafront unveiled by the Penang government has the potential to cause a devastating environmental impact elsewhere, according to the Consumers’ Association of Penang (CAP) and Sahabat Alam Malaysia (SAM).

KUALA LUMPUR (Feb 25): Paramount Corp Bhd is doubling its property launches this year to RM770 million, from RM313 million in 2015, and aiming to have RM480 million new sales for the financial year ending Dec 31, 2016 (FY16).

  Here are the price growth trends and indicative asking rental yields for non-landed residences in the district of Mont’Kiara.

GEORGE TOWN (Feb 24): Penang is currently taking feedback from the people about the landscaping and design of the new-look Gurney Wharf, chief minister Lim Guan Eng (pictured) said today.

KUALA LUMPUR (Feb 24): Genting Malaysia Bhd (Genting Malaysia) is raising its investment to RM10.

KUALA LUMPUR (Feb 24): Fiamma Holdings Bhd plans to launch three property projects with a combined gross development value (GDV) of RM500 million this year, which are expected to bring in more than 10% of property sales to the group in the next three to four years.

  Based on transactions analysed by TheEdgeProperty.

PETALING JAYA (Feb 23): The property market will pick up in 2Q to 3Q2016 – after the festive seasons from the end of last year until the end of this month – as demand is still strong from genuine buyers in the secondary market, said principal of Synergy International Realtors Terry Wong (pictured, centre).