PROPERTY SNAPSHOT 1: Mainland Penang
This week’s spotlight shifts outside to the secondary market for non-landed residences on Mainland Penang.
Residential prices in the Klang Valley rise but at a slower pace
THE Klang Valley residential market saw price growth in 3Q2015, albeit at a slower pace, as homebuyers remained cautious about the current economic and political situation.
UEM Sunrise presents Conservatory Melbourne
CONSERVATORY Melbourne, UEM Sunrise Bhd’s second project in Australia, was launched last October and has received good response.
E&O's STP2 project to start moving end-January
KUALA LUMPUR (Jan 22): Lifestyle property developer Eastern & Oriental Bhd (E&O) has formally signed a RM1.
Aspen Group eyes listing by end-2016
GEORGE TOWN (Jan 22): Penang-based property player Aspen Vision Development Sdn Bhd (Aspen Group) is targeting to have its shares floated — either on the Main Market of Bursa Malaysia or the Catalist board of the Singapore Exchange (SGX) — by the fourth quarter of this year, according to Aspen Group co-founder and chief executive officer Datuk M Murly (pictured).
Housing Department plans PPR crackdown
KUALA LUMPUR (Jan 22): The National Housing Department will be cracking down on fraudulent or misuse of Public Housing Programme (PPR) tenancy nationwide soon, with the cooperation of local authorities, according to director-general Datuk Mohamad Yusoff Ghazali.
Country Garden unveils RM175 bil Forest City project
KUALA LUMPUR (Jan 22): Hong Kong-listed Country Garden Holdings Co Ltd and Esplanade Danga 88 Sdn Bhd, a Johor state-owned associate of Kumpulan Prasarana Rakyat Johor, today unveiled the much-touted Forest City mixed-use development located on four reclaimed islands in Iskandar Malaysia, Johor.
S P Setia to open upcoming RM50.75 mil project in Vietnam to Malaysians
HO CHI MINH CITY (Jan 22): Following new regulations on foreign ownership of properties in Vietnam, S P Setia Bhd will be opening sales of units in its EcoXuan Lai Thieu development in Vietnam to Malaysian investors.