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DESPITE its proximity to Singapore, the Johor Bahru property market had never received the same kind of attention as the Klang Valley or Penang markets until the launch of the Iskandar Malaysia development corridor in 2006.

PETALING JAYA: The Ascent Paradigm by WCT Holdings Bhd (WCT), which opened in the third quarter of last year, has seen half of its 504,084 sq ft total net lettable area taken up.

KUALA LUMPUR (Feb 4): International property consultancy firm Rahim & Co is hoping a guideline will be provided on the newly-imposed limit on sales of new homes priced up to RM300,000 for first-time home buyers.

Sold for: RM438,000 or RM409psf Concluded by: Stanley Hang of MIP Properties (012 735 5110) When: Nov 15, 2015 Noteworthy: * Freehold * Block B * 1,072 sq ft, three bedrooms and two bathrooms * Cafeteria, restaurant, squash court, gymnasium, sauna room, wading pool, children’s playground, business centre and function room *IOI Mall and future MRT station within 5 to 6-minute drive; IOI Boulevard, Columbia Hospital, Tesco and Setiawalk nearby; easy access to Bandar Sunway through Damansara-Puchong highway.

KUALA LUMPUR (Feb 4): Lembaga Tabung Haji said it will be developing the 1.

LONDON (Feb 4): The aggregate take-up for European office space is expected to rise by 10% this year on the back of resilient demand and shortage of office space supply, said global property services firm Knight Frank.

IPOH (Feb 4): Forty-six staff members of Ipoh City Council (MBI) were appointed today to serve as the first batch of liaison officers on the council's area communication committee.

KUALA LUMPUR (Feb 4): Selangor Properties Bhd (Selangor Prop) has acquired four parcels of land, measuring a total of 5,253 sq m in Kuala Lumpur for RM32.

ISKANDAR (Feb 4): Nusajaya Consolidated Sdn Bhd (NCSB), a 50:50 joint-venture (JV) company between United Malayan Land Bhd (UMLand) and UEM Sunrise Bhd, will be launching its mixed development, The Waves, in Puteri Harbour, Johor, by year-end.

LONDON (Feb 3): The most affordable property prices across the London Underground network are found in Zones 4 and 5, with average prices ranging from £237,000 (RM1.