News about c

For most new homebuyers, properties in Kuala Lumpur City Centre (KLCC) are probably “obnoxiously overpriced” or simply “not for ordinary people”.

KUALA LUMPUR (May 22): Sunway Bhd has appointed Albert Cheong (pictured) as the new CEO for its hospitality division effective May 18.

PETALING JAYA (May 22): Kuala Lumpur City Centre or KLCC is known as the country’s most expensive address, with current average price psf hovering above RM1,000 psf.

KUALA LUMPUR (May 22): Principal Place Residential Ltd will be launching 90 units of luxury apartments named Upper House at Mandarin Oriental Hotel in Kuala Lumpur this weekend.

PETALING JAYA (May 22): For the second time in a decade, Malaysia will host the Fiabci or International Real Estate Federation 66th World Real Estate Congress.

PETALING JAYA (May 22): Resimax Group is showcasing its Northern Growth Corridor (NGC) residential project in Melbourne’s economic development zone at Mernda and Epping this weekend at InterContinental Hotel, Kuala Lumpur.

KUALA LUMPUR (May 21): Land development and “vertical living”  issues were today addressed at the 10th National Real Estate Research Coordinator (Naprec) Conference held at the National Institute of Valuation (Inspen) in Kajang.

PETALING JAYA (May 21): The first quarter of 2015 (1Q2015) saw significant new supply of condominiums, reported DTZ Research.

•    Today we look at price growth and indicative asking rental yields for non-landed residences in the KLCC area.

PETALING JAYA (May 20): Capital values in Kuala Lumpur’s office market increased some 6% despite weaker rental rates that put yields under pressure, said analyst firm DTZ Research.