News about developments

KUALA LUMPUR (Feb 22): The property market is expected to be challenging in 2018 and beyond, but opportunities are still out there, said BRDB Developments Sdn Bhd (BRDB) CEO Kajendra Pathmanathan.

PETALING JAYA (Nov 20): The Cabinet directive to Dewan Bandaraya Kuala Lumpur (DBKL) to freeze approvals for luxury developments is not absolute, as projects will be evaluated on a case-by-case basis.

When luxury property developer Simon Cheong of SC Global Developments sets benchmark prices for his properties, it is a clear sign that the property market is on the cusp of another property boom.

SHAH ALAM (Aug 9): Global packaging manufacturer and property developer Scientex Bhd has purchased a 65.

Briton Anthony Couse moved to Singapore from Shanghai in April last year following his appointment as JLL CEO of Asia Pacific.

A freehold, 5,533 sq ft penthouse at Gramercy Park in prime District 10 fetched the highest sale price of S$17 million (RM53 million), or S$3,073 psf, for the period between July 4 and 11, according to a caveat lodged with URA on July 10.

AFTER a three-year slump, signs of life are returning to the property market in Sentosa Cove.

Even on a weekday afternoon, real estate agents are ubiquitous at Gramercy Park: waiting for their clients at the basement carpark; touring the 170,000 sq ft manicured grounds, which include a 50m pool and clubhouse; or viewing the new show suites at the South Tower with prospective buyers.

ISKANDAR MALAYSIA (May 22): What do you do if you want to have waterfront homes but the “water” is a bit beyond reach? Well, you could “bring” the water to your doorstep, literally.

SINGAPORE (May 17): DBS’s top picks for beneficiaries to the potential relaxation of property measures in Singapore are UOL Group and Frasers Centrepoint even though most developers have re-rated following the positive sentiment in the Singapore property market.