KUALA LUMPUR (March 20): An article written by a political economist and published in Channel NewsAsia has called on Malaysians not to blame Singaporeans for pushing up property prices and the cost of goods in Johor.
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KUALA LUMPUR (March 20): Demand for residential property is expected to rise after Malaysia’s 14th general elections, thus pushing up real estate transaction volume this year, said Savills Malaysia executive chairman Datuk Christopher Boyd.
PUNCAK ALAM (March 16): Eco World Development Group Bhd will be rolling out the first phase of semidees and bungalows at Eco Grandeur, Bandar Puncak Alam, Selangor in 2Q18.
PETALING JAYA (March 16): The KL Sentral-Subang Skypark rail service is expected to commence in early May, said Keretapi Tanah Melayu Bhd (KTMB) chief operating officer Rani Hashim Samsudin.
Sold for: RM530,000 Concluded by: Md Arifin Matiuddin (REN 24282) of Oriental Realty (017-725 7699) When: September 2017 Noteworthy: ● Endlot ● Leasehold ● Unfurnished unit ● 4 bedrooms + 3 bathrooms ● Built-up: 1,677 ● Land size: 24ft x 70ft Located in Bandar Puncak Alam, Shah Alam North, Bandar Hillpark is a 550-acre township developed by MKH Bhd, comprising landed homes, apartments and shopoffices.
GDB Holdings Bhd (March 12, Unlisted) IPO fair value (FV) at 41 sen.
YTL Hospitality Real Estate Investment Trust (March 12, RM1.
KUALA LUMPUR (March 12): Banks may face risks on their commercial property loans, as a looming oversupply of office buildings and shopping malls may lead to a correction in valuations, said a Reuters story citing a report by Moody’s dated March 9.
PETALING JAYA (March 10): Immigration officers arrested 28 Bangladeshis for running a homestay business at a luxury home in Kuala Lumpur without valid documents, reported The Star.
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