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Sold for: RM2,450,000 (RM875 psf) Concluded by: Daniel Wong (REN 01967) of Sang Associates  (013-3868108) When: August 2016 Noteworthy: ● Freehold ● 2,800 sq ft ● Developed by Selangor Dredging Bhd ● Completed in March 2008 ● 7 blocks of 20 storeys ● 105 units in each block ● Private lift and private lobby ● Unit has a view of Royal Selangor Golf Club and the greenery of Jalan Stonor ● Two car parks ● Maintenance fee is 48 sen psf According to the agent, Daniel Wong of Sang Associates, the selling price of this unit was slightly below market price owing to the slow market.

PETALING JAYA (Jan 5): LBS Bina Group Bhd plans to launch 12 new projects with a total gross development value (GDV) of RM2.

PUTRAJAYA (Jan 5): Paramount Blossom Sdn Bhd is collaborating with Fujian Hexinyuantong Investment Co Ltd and China Railway Liuyuan Group Co Ltd to develop a RM650 million property project on 77 acres of land in Seremban, Negeri Sembilan.

SINGAPORE (Jan 5): RHB is maintaining its “buy” call on Frasers Centrepoint Trust (FCT) with a target price of $2.

PETALING JAYA (Jan 5): M101 Holdings Sdn Bhd is targeting to handover the Small-office Flexible-office (SoFo) units in M101 Dang Wangi by 2H2017, according to the company’s founder and CEO Datuk Seth Yap Ting Hau.

KUALA LUMPUR (Jan 5): Ikhmas Jaya Group Bhd has been appointed to undertake the piling and substructure work for a commercial building in Damansara, Selangor, valued at RM37.

KUALA LUMPUR (Jan 5): Gabungan AQRS Bhd has bagged a RM360.

AFTER the lacklustre retail sales figures seen this year, retailers and analysts expect consumer spending to gradually recover next year.

THE end of the year is a time to reflect on the challenges faced and achievements made in the past year and to remind ourselves that all may not be so rosy next year.

SINGAPORE (Jan 4): The Land Transport Authority and the Singapore Land Authority jointly announced on Tuesday evening that the Singapore government has gazetted the site of the Raffles Country Club for acquisition, in order to house the facilities for the Kuala-Lumpur Singapore High Speed Rail (HSR), the western depot of the Cross Island Line, and other transport related needs.