Prime Central London property price up 4.7% in 1Q
PETALING JAYA (June 8): Prime Central London (PCL) property data for 1Q2016 reflects an encouraging start to the year, with prices rising by 4.
High Court allows EKVE developer to be intervenor
KUALA LUMPUR (June 8): The High Court here yesterday allowed an application by the developer of the East Klang Valley Expressway (EKVE) project to be an intervenor in a lawsuit by three environmental organisations to challenge the Selangor Forestry Department’s decision to close Taman Rimba Ampang (Ampang Forest Park) to make way for the project.
Influx of high-rise properties likely to cap prices in Penang
GEORGE TOWN (June 8): The expected influx of high-rise residential units, partly due to more launches of affordable homes, is likely to put a cap on prices in Penang in the next few years.
Property slowdown may not be just a sectoral problem
PROPERTY market cycles come and go, but with prolonged weakness, the current slowdown could point to a much larger economic issue.
Playboy mansion listed for US$200 million sold to its neighbour
LOS ANGELES (June 7): The famous Playboy mansion which has hosted countless exotic parties is set to receive a new yet familiar owner — its next-door neighbour, according to a recent report by The Wall Street Journal.
Tham’s stake increase should strengthen investors’ confidence in E&O
Eastern & Oriental Bhd (June 6, RM1.
Mammoth to sell Empire Shopping Gallery at the right price
PROPERTY developer cum owner and operator of hotels and malls Mammoth Empire Holdings Sdn Bhd (MEH) is ready to divest Empire Shopping Gallery in Subang Jaya, Selangor, should it receive a desirable and concrete offer.
Ideal Property to soft-launch Queens Residences
PENANG-based developer Ideal Property Group plans to launch RM2.
PROPERTY SNAPSHOT 2: What’s affordable in Kota Damansara?
• Originally developed by the Selangor State Development Corp (PKNS), properties in Kota Damansara remain relatively affordable.
