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KUALA LUMPUR (July 3): The Royal Malaysian Air Force (RMAF) has begun relocating to several locations and is expected to be completed by end-2016, reports The Edge Financial Daily today.

    Setapak, a large and established suburb in the district of Gombak, Kuala Lumpur, has seen the average values of its high-rise homes outpace that of Kuala Lumpur’s on the back of a strong rental market, affordability and good access via road and light rail transit.

PETALING JAYA (July 2): UEM Sunrise sold out the houses on offer in its Acacia precinct in its Serene Heights township in Bangi.

KUALA LUMPUR: UK-based Berkeley Group will be launching two high-end London residential projects in Kuala Lumpur this year.

LONDON (July 2): Eco World Ballymore Holdings Co Ltd celebrated the completion of the new London City Island bridge and its partnership with the English National Ballet here yesterday.

(July 2): Tanjung Villa Development Sdn Bhd has been awarded the contract by the Penang state government to build Sandiland Foreshore, the affordable homes project in George Town.

KUALA LUMPUR (July 2): Kenanga IB Research maintained its overweight call over the construction sector, as it is still firmly backed by contractors’ healthy orderbooks that provide two to three years visibility, while its replenishment prospects and earnings were met by most contractors.

UEM Sunrise Bhd  (July 1, 99 sen ) Upgrade to buy with an unchanged target price (TP) of RM1.

KUALA LUMPUR: Tadmax Resources Bhd has completed the disposal of a parcel of land in Pulau Indah, Selangor to 1Malaysia Development Bhd’s (1MDB) unit Ivory Merge Sdn Bhd for RM294.

Today, we look at price growth and indicative asking rental yields for non-landed residences in Kuala Lumpur’s Setapak area.