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•    Non-landed residential property indices in Bukit Jalil appear affordable.

PETALING JAYA (May 30): KotaSAS Sdn Bhd, the developer of Kota Sultan Ahmad Shah (KotaSAS) township in Kuantan, Pahang, has seen 52% of its Evergreen II Homes being taken up since the project was unveiled in March, said the developer.

KUALA LUMPUR (May 30): Tun Razak Exchange master developer TRX City Sdn Bhd (TRX City) is inviting contractors to participate in a pre-qualification exercise for a proposed traffic dispersion and improvement to part of Jalan Tun Razak (JTR), and the construction of the TRX ingress and egress.

LANGKAWI (May 30): Opening up luxury hotels such as The St Regis Langkawi is a strategy to boost the reputation of the island resort particularly among upmarket tourists, said Prime Minister Datuk Seri Najib Razak yesterday.

Eastern & Oriental Bhd (May 27, RM1.

KUALA LUMPUR (May 30): A comforting tune to most developers amid the tepid property market is their rather healthy unbilled sales levels, which are expected to be sufficient to sustain earnings until next year end, at least.

Bina Puri Holdings Bhd (May 27, 37 sen) Maintain hold with a lowered target price (TP) of 42.

KUALA LUMPUR (May 30): EcoFirst Consolidated Bhd is marking the start of its expansionary phase, after over five years of restructuring efforts, with the launch of the first phase of its RM3 billion gross development value (GDV) Ampang Ukay development targeted for next month.

•    This week, the spotlight falls on the secondary market of non-landed residences in Bukit Jalil, Kuala Lumpur.

GREEN rating certifications for buildings, such as Real Estate and Housing Developers’ Association Malaysia’s (Rehda) GreenRE, are spearheading the development of a sustainable property industry in the country.