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•   Today, we continue our focus on Brickfields by looking at development prices on a per square foot (psf) basis.

CHERAS (May 12): Boustead Ikano Sdn Bhd, a joint venture between Boustead Holdings Bhd and Ikano Pte Ltd, today unveiled MyTown – a new shopping centre encompassing 18 acres, which will open in the second half of 2016.

•    Brickfields was previously dominated by low and mid-end housing.

KUALA LUMPUR (May 12): The Kelantan property market was moderate in 2014, with 9,425 transactions totalling RM1.

KUALA LUMPUR (May 11): MCT Bhd plans to form a real estate investment trust (REIT) at the earliest by 2020.

PUNE (May 11): After a 10 to 20% decline in 2013, Jones Lang LaSalle (JLL) India Inc reported that residential property prices in several areas of Delhi began to stabilise last year.

KUALA LUMPUR (May 11): WCT Holdings Bhd will embark on a strategy to focus on demand oriented property sales and land value enhancement, said WCT deputy managing director Goh Chin Liong (pictured) as reported in The Edge Financial Daily today.

Property sector Maintain overweight: Recent statistics released by the National Property Information Centre (Napic) revealed that overall property transaction value was up +7% year-on-year (y-o-y) to RM163 billion, while volume changed hands rose +0.

• This week the spotlight falls on Brickfields, which is enjoying healthy interest spurred by the ongoing development of KL Sentral and its proximity to the city centre.

PETALING JAYA (May 11): The property market in Perlis recorded a total of 3,927 transactions last year, up 9.