Surviving the crowded retail sector
PETALING JAYA (April 23): Retail space in the Klang Valley continues to grow despite declining sales, with new malls adding more than two million sq ft last year.
Foreign investors like Malaysian property: Analyst
PETALING JAYA (April 22): Property investors are planning to capitalise on renewed confidence in Malaysia's economy despite the current global volatility, said an economist with a United Arab Emirates-based property/investment company.
The Parque Residences first phase 30% sold before official launch
KOTA KEMUNING (April 22): The first phase of The Parque Residences in Eco Sanctuary has seen 30% of its condominium units sold since the project opened for sale early this year, said Eco World Development Group Bhd (EcoWorld) general manager Ho Kwee Hong.
Eastern & Oriental’s proposed AIM listing terminated
Eastern & Oriental Bhd (April 21, RM1.
Compugates unit to dispose of Dengkil land for RM62.12m
KUALA LUMPUR (April 22): Compugates Holdings Bhd’s 70%-owned subsidiary, Compugates Development and Mining Sdn Bhd, plans to dispose of a piece of land in Dengkil, Selangor, to Bangsawan Bumimaju Sdn Bhd for RM62.
UEM Sunrise to unveil Melia Residences this weekend
KUALA LUMPUR (April 22): UEM Sunrise Bhd will launch Melia Residences, the first freehold landed strata residential development in Gerbang Nusajaya, Iskandar Malaysia, this Saturday with selling prices from RM596,000 to RM1.
Half of overhang units are homes priced at RM300,000 and below
DEPUTY Finance Minister Datuk Chua Tee Yong expects the Malaysian housing property market to further soften this year.
DONE DEAL: T-Parkland @ Templer Park condominium in Rawang
Sold for: RM455,000 (RM368 psf) Concluded by: Mike Yap of Vivahomes Realty (018-262 6898) When: March 2016 Noteworthy: • Freehold • 1,236 sq ft • 3 bedrooms and 2 bathrooms • Furnished with kitchen cabinet, built-in wardrobe, air-con and downlights • Newly-completed condominium • Level 6, facing swimming pool • Two car parking bays T-Parkland @ Templer Park by B&G Property is a condominium sitting on 3.
UOA REIT's chairman Alwi Jantan quits for personal reasons
KUALA LUMPUR (April 21): UOA Real Estate Investment Trust (UOA REIT) said its chairman Tan Sri Alwi Jantan has resigned today, due to personal reasons.
Penthouses for RM1 million and below
DO you think that owning a penthouse is out of your league? Well, we found some of these units for less than RM1 million – in the Klang Valley no less.
