DONE DEAL: 2.5-storey bungalow, Damansara Heights, KL

Sold for: RM6 million Concluded by: Shawn Fernandez (E 2445) of Fernstate Sdn Bhd (016-288 1251) When: September 2017 Noteworthy: ● Freehold ● Built-up area of 6,000 sq ft ● Land area of 10,000 sq ft ● 5+1 bedrooms ● 6 bathrooms ● Partly furnished with appliances, curtains, blinds, and air-conditioning units According to the agent who closed the deal, the seller and buyer are Malaysians.

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Market settling into a new normal, says JPPH DG

PETALING JAYA (Dec 28): While the property market has remained soft in 2017, Valuation and Property Services Department (JPPH) director-general Nordin Daharom believes the market is still holding up as transactions are still taking place.

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Berjaya Corp posts second straight quarterly loss in 2QFY18

KUALA LUMPUR (Dec 28): Berjaya Corp Bhd (BCorp), controlled by tycoon Tan Sri Vincent Tan, posted its second straight quarterly loss today, mainly due to provision for the impairment of a portion of the balance sales proceeds from the sale of the Great Mall of China project in China and the loss arising from the partial disposal of an associated company.

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Hua Yang to develop a mixed development in Kajang

PETALING JAYA (Dec 27): Hua Yang Bhd has announced today that it will undertake a mixed development project comprising serviced apartments, retail units and affordable homes located between Kajang and Bandar Baru Bangi with an estimated GDV of RM800 million.

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