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KUALA LUMPUR (June 10): Benéton Properties Sdn Bhd will be opening the final block of its Irama Wangsa resort-concept condominium in Kuala Lumpur on June 15, 2016.

KUALA LUMPUR (June 10): Penang Development Corp (PDC), the state’s investment arm, will call for a fresh request for proposal (RFP) for the mixed development plan in Batu Kawan on mainland Penang, after the mutual rescission of the RM10 billion Eco Marina with Eco World Development Group Bhd (EcoWorld).

KUALA LUMPUR (June 10): Magna Prima Bhd’s wholly-owned unit Magna City Shah Alam Sdn Bhd (MCSASB) plans to buy a piece of leasehold land measuring 5.

British American Tobacco (M) Bhd (June 9, RM50.

Eco World Development Group Bhd (June 9, RM1.

WHILE many continue to be cautious about the property market due to the weak market sentiment over the past two years and while lending guidelines remain tight, investors may be encouraged to know that there are some condominiums selling below RM500,000 that saw double-digit capital growth last year on the secondary market.

A picture speaks a thousand words, and sometimes a good photo does a better sales job than any sales pitch by a real estate agent.

Rented for: RM10,000 Concluded by: Rajesh V Hassaram (REN 00456) of One Sunterra Properties Sdn Bhd (016-225 5604) When: May 2016 Noteworthy: • Freehold • Built-up: 5,500 sq ft • Land size: 5,500 sq ft • 5 bedrooms and a maid’s quarters • Comes with a swimming pool • Each room has its own en-suite bath and walk-in wardrobe • Partially furnished with kitchen appliances such as an oven, microwave, stove, two fridges and a dishwasher • Leased for two years According to the negotiator, Rajesh V Hassaram of One Sunterra Properties Sdn Bhd, the house is located in a gated-and-guarded community within Damansara Heights.

KUALA LUMPUR (June 9): British American Tobacco (M) Bhd (BAT) is disposing of its factories and two parcels of leasehold land measuring 5.

BANDAR UNIVERSITI SERI ISKANDAR, PERAK (June 9): Hua Yang Bhd has obtained the certificate of completion and compliance (CCC) for D’ecolake, its residential project in Bandar Universiti Seri Iskandar (BUSI), Hua Yang’s fast-growing 777-acre (314ha) township in Perak.