Sunway to launch Sunway Geo Residences 3 next month
PETALING JAYA (March 29): Sunway Bhd plans to launch Sunway Geo Residences 3 condominium next month, with indicative selling prices starting from RM850,000.
Germany leads European industrial property market occupier activity
KUALA LUMPUR (March 29): Germany recorded the strongest occupier activity in Europe’s industrial property market with 6 million sq m of space leased out last year, underpinning a record year in Europe’s industrial property market, said international property consultancy Cushman & Wakefield.
Aura Residence 70% sold
PUTRAJAYA (March 29): Putrajaya Holdings Sdn Bhd’s Aura Residence in Precinct 8 here has seen 70% of its 360 units sold since it was launched in November 2014, said marketing general manager Sabariah Ramli.
PROPERTY SNAPSHOT 2: What’s affordable in Dutamas?
• With limited land in Mont’Kiara, development activity has spilled over to neighbouring areas of Dutamas and North Kiara.
SunCon unit gets RM1.2b MRT project to build viaduct for SSP Line
KUALA LUMPUR (March 28): Sunway Construction Group Bhd (SunCon)'s subsidiary has been awarded a RM1.
BBCC draws in Japanese and Singaporean investors
KUALA LUMPUR (March 28): Despite the gloomy outlook on Malaysia’s economy, two major Japanese investors will invest substantially into the landmark redevelopment of Pudu Jail at Bukit Bintang here that is backed by the Employees Provident Fund (EPF).
UMLand plans to launch The Apex bungalow in Bangi
BANGI (March 28): United Malayan Land Bhd (UMLand) will be unveiling The Apex bungalow project, which has a gross development value (GDV) of RM289 million, at Putra Hill Residency, Bangi, in June this year, according to UMLand chief managing director Dennis Ng.
Developers viewed as proxy for economy
Property sector Downgrade to underweight: The broad market has been rebounding on the back of a strengthening ringgit, while the economic outlook appears to have stabilised.
