KL’s condo rental yields decline but market remains positive
Leasing out a property to earn rental income while waiting for its value to grow is a common investment strategy.
PJKita — a community space for the young
For many of our youths, the shopping malls of the Klang Valley are great places to hang out, but their range of retail enticements can deplete one’s resources rather rapidly.
Govt urged to address construction labour shortage
KUALA LUMPUR (Nov 3): Construction players are calling on the government to step in to tackle the issue of manpower shortage faced by the industry, which is worsening, given the spate of new projects being rolled out.
DONE DEAL: 2-storey terraced house, Taman Sri Puchong, Selangor
Sold for: RM300,000 Concluded by: Wong Hor Yan (REN 18777) of 1TPE Realty Sdn Bhd (016-324 8307) When: June 2017 Noteworthy: ● 99 years leasehold with 80 years remaining on the lease ● Land area: 825 sq ft ● Unfurnished ● Amenities in the vicinity include convenience store, restaurants, supermarkets, clinic, automobile repair shops, Tesco Extra Puchong, Columbia Asia Hospital and banks ● Accessibility: Damansara-Puchong Expressway (LDP) Taman Sri Puchong is a leasehold mostly-residential development in Puchong, Selangor that comprises terraced houses, flats and shophouses.
Easing mortgage lending insufficient to promote home ownership — MARC
KUALA LUMPUR (Nov 2): The proposed loosening of mortgage lending is insufficient to promote home ownership in the country as there is a mismatch between housing price and income levels, said the Malaysian Rating Corp Bhd (MARC).
Jotun unveils Jotun Global Colour Trends 2018: Rhythm of Life collection
PETALING JAYA (Nov 2): Jotun has launched its Jotun Global Colour Trends 2018: Rhythm of Life collection yesterday at 1Utama Shopping Centure featuring three colour themes — City Motions, Silent Serenity and Lush Garden.
Benalec sells seven Melaka plots for RM100.17m
KUALA LUMPUR (Nov 1): Benalec Holdings Bhd is selling seven leasehold plots measuring 216,427 sq m at Klebang, Melaka, for RM100.
Ivory Properties expands landbank with RM133.86m acquisition in Sitiawan
KUALA LUMPUR (Oct 31): Ivory Properties Group Bhd is planning to buy a plot of commercial land in Sitiawan, Perak, for RM133.
UEM Sunrise’s land sale to improve net gearing
KUALA LUMPUR (Nov 1): The net gearing of UEM Sunrise Bhd is expected to improve to 0.
Former JCorp CEO Muhammad Ali passes away at 70
KUALA LUMPUR (Oct 31): Former Johor Corp (JCorp) president and chief executive officer (CEO) Tan Sri Muhammad Ali Hashim has passed away at the age of 70, according to a Bernama report.
