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SHAH ALAM (July 22): Sime Darby Property will be launching Elmina Valley Phase 3 (EV3), the third phase of Elmina West in the City of Elmina township, this weekend at its sales gallery in Bukit Subang.

IF you’ve got the money, would like to live in a quiet environment, and yet stay not too far away from amenities, you may like Bukit Jelutong, Selangor.

Sold for: RM2.

KUALA LUMPUR (July 21): IJM Land Bhd plans to launch seven to eight projects with a cumulative gross development value (GDV) of almost RM1 billion in the second half of this year (2H2016), said managing director Edward Chong.

KUALA LUMPUR (July 21): The Sime Darby Property Bhd-CapitaLand Mall Asia joint venture has decided to further extend the opening of its Melawati Mall to the second quarter of next year (2Q17).

KUALA LUMPUR (July 21): Warrant holders of property developer Yong Tai Bhd have approved the issuance of up to 220.

KAJANG (July 21): Gamuda Land Sdn Bhd, the property development arm of Gamuda Bhd, is investing RM63 million to build an international school campus at its Jade Hills township in Kajang, Selangor.

KUALA LUMPUR (July 21): Credit access is not the problem confronting potential homebuyers, but rather more fundamental issues like affordability and shortage of supply of reasonably priced houses, says Bank Negara Malaysia (BNM).

KUALA LUMPUR (July 21): Property developer Hua Yang Bhd, which saw its first-quarter net profit fall 20%, has proposed to undertake a one-for-three bonus issue to reward its shareholders and increase its capital base to better reflect its current scale of operations.

THE local property market has seen frenzied buying in recent years as real estate is considered by many to be the perfect investment in the face of rising inflation.