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Gamuda Bhd (June 4, RM5) Upgrade to buy with higher target price (TP) of RM5.

THE Kerinchi and Pantai area located south of Bangsar in Kuala Lumpur is a growing property hotspot.

The proposed implementation of “international zones” for the purchase of residential property by foreigners in Johor is likely to dampen demand for luxury properties outside of them that are priced above RM1 million, real estate agents familiar with the Johor market tell The Edge Property.

KUALA LUMPUR (June 5): Perdana ParkCity Sdn Bhd’s Westside III condominium in Desa ParkCity, Kuala Lumpur, saw a 59% take-up rate after its priority launch event on May 30.

KUALA LUMPUR (June 5): The Straits International Education Group Sdn Bhd (SIEG) will be opening its second Straits International School in Malaysia at the 245-acre Taman Sari township in Rawang by BRDB Developments Sdn Bhd.

PETALING JAYA (June 5): Lying south of Bangsar on the fringes of Kuala Lumpur, between the city centre and Petaling Jaya are the Kerinchi and adjoining Pantai areas.

SINGAPORE (June 4): The Singaporean billionaire who owns Valencia, Peter Lim (pictured, below), has taken a 20% interest in the new property portal - theedgeproperty.

PETALING JAYA (June 4): In an effort to promote liveability and environmentally friendly practices, Sunway Property, in partnership with Malaysian Environmental NGOs (MENGO) and supported by Eco Knights, kicked off the World Environment Day (WED) celebration with its communities in its flagship township of Sunway Resort City in Petaling Jaya yesterday.

CapitaMalls Malaysia Trust (June 3, RM1.

• Today we look at price growth and indicative asking rental yields for non-landed residences in Kerinchi, Pantai and Bangsar South.