Unsold properties and the cooling market
Residential overhang numbers, or properties unsold after nine months post-completion, totals 29,227 units worth RM17.
Residential overhang numbers, or properties unsold after nine months post-completion, totals 29,227 units worth RM17.
What defines a good hotel? The executive director of The Canvas Hotel, Kelvin Taing believes that a good hotel should never be solely defined by the space or facility.
KUALA LUMPUR (Oct 12): Housing and Local Government Minister Zuraida Kamaruddin is upbeat about the prospects of the property market next year despite the less-than-rosy statistics from the first half of this year (1H2018) presented by the National Property Information Centre (Napic) yesterday.
KAJANG: The slow property market has led to the increase in residential overhang numbers which as of 1H2018 totals 29,227 units worth RM17.
KUALA LUMPUR (Oct 12): Kerjaya Prospek Group Bhd is buying a 90% stake in Yakin Land Sdn Bhd (YLSB), which has a 36-storey condominium project in Batu, Kuala Lumpur, for RM10.
KUALA LUMPUR (Oct 12): Cuscapi Bhd, which is currently operating from leased premises, is acquiring commercial space of Empire City in Damansara Perdana for RM20 million.
PETALING JAYA (Oct 11): Restaurants in Kuala Lumpur may hold Oktoberfest events provided if the events take place within their premises and they have licenses to sell alcoholic drinks, said mayor Datuk Nor Hisham Ahmad Dahlan.
The IBS (Industrialised Building System) has long been practised in sustainable developments such as those found in Germany, France, Denmark and Singapore.
Rented for: RM8,500 Concluded by: Gwen Chan (REN 27371, 012-732 1113) of MIP Properties When: July 20, 2018 Noteworthy: ● Freehold ● Built-up: 2,020 sq ft ● 3+1 bedrooms and four bathrooms ● Fully-furnished unit ● Facilities: Gymnasium, half basketball court, tennis court, multipurpose hall, children’s playground, sky deck, meditation lawn and lap pool ● Nearby amenities: Opposite Garden International School, 1.