Rocky second quarter, slower secondary market
THINGS have been quiet on the Penang primary property market so far, although the secondary market has seen some activity, albeit slower.
AmProp’s Jersey-incorporated dormant unit begins wind-up process
KUALA LUMPUR (Sept 21): A Jersey-incorporated unit of Amcorp Properties Bhd (AmProp) has kick started its wind-up process.
Minetech to build bridge connecting You City and Grand Saga Highway for RM16.1m
KUALA LUMPUR (Sept 21): Minetech Resources Bhd has been tasked to build a connecting bridge between PJ Development Group's You City in Cheras and the Grand Saga Expressway for a contract sum of RM16.
Beware of headwinds in Singapore's property sector but also seize the day
SINGAPORE (Sept 21): Despite the resale market remaining vibrant in August, with 750 caveats lodged, OCBC Research is maintaining its “neutral” call on the property sector, citing physical oversupply for 2016 to 2017.
IOI Properties’ Avista 2-storey terraced homes 75% sold over the weekend
PETALING JAYA (Sept 21): IOI Properties Group Bhd sold 75% of its Avista 2-storey terraced houses, located at the developer’s Warisan Puteri township in Kota Warisan, Sepang, Selangor at its launch last weekend.
SPB to launch Aira Residence next month
THE mature neighbourhood of Damansara Heights will soon have a new member — Aira Residence by Selangor Properties Bhd (SPB).
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Berjaya Land reintroduces newly designed Ritz-Carlton Residences Kuala Lumpur
KUALA LUMPUR (Sept 20): Berjaya Land Bhd has reintroduced its Ritz-Carlton Residences Kuala Lumpur, located at the intersection of Jalan Sultan Ismail and Jalan Ampang, with new interior design concepts.
Singapore’s GSH Corp launches luxury condo Eaton Residences at Jalan Kia Peng
KUALA LUMPUR (Sept 20): Singapore Exchange mainboard-listed property developer GSH Corp Ltd (GSH) has officially launched its Eaton Residences — a 52-storey luxury condominium with a gross development value (GDV) of RM1.
6% interest fair rate for developers to charge house buyers, says Noh
KUALA LUMPUR (Sept 20): A maximum loan interest of 6% is a fair rate for developers to charge house buyers, The Star reported Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar as saying yesterday.
