PROPERTY SNAPSHOT 4: What’s hot in Wangsa Maju?
• Today, we look at price growth and indicative asking rental yields for non-landed residences in Wangsa Maju.
Gamuda's 1Q net profit falls 13% amid softer property market, declares 6 sen dividend
KUALA LUMPUR (Dec 16): Gamuda Bhd saw its net profit fall 13% to RM161.
BLand's unit to sell Chinese mall project for RMB2.08 bil
KUALA LUMPUR (Dec 16): Berjaya Land Bhd (BLand) is cashing out its Berjaya (China) Great Mall Recreation Centre in Hebei, China — which is still under construction — for RMB2.
Benoy showcases China Resources Land Qianhai Centre’s design
SHENZHEN (Dec 16): Benoy, the global studio of Architects, Masterplanners, Interior and Graphic Designers, has revealed its design for the future China Resources Land (CRL) Qianhai Centre (pictured) in Shenzhen that forms part of the Qianhai special economic zone.
Penang excos approve railway, highway lines for transport master plan
GEORGE TOWN (Dec 16): The Penang executive council today gave the green light to Penang Transport Master Plan (PTMP) project delivery partner SRS Consortium Sdn Bhd for the railway and highway schemes that include a rail line from Komtar to the airport and the Pan Island Link.
Don’t jump the gun, PJ councillors tell RRI land developer
PETALING JAYA (Dec 16): The Petaling Jaya City Council (MBPJ) has urged developer Kwasa Land Sdn Bhd to refrain from making any statement about potential projects at the former Rubber Research Institute (RRI) land when they are inconsistent with the current local plan.
KL City Hall reserves land for public housing projects
KUALA LUMPUR (Dec 16): Several reserved land plots owned by Kuala Lumpur City Hall have been reserved for public housing projects, said Deputy Federal Territories Minister Datuk Dr Loga Bala Mohan yesterday.
Bangsar residents want freeze on Jalan Maarof development
KUALA LUMPUR (Dec 16): Bukit Bandaraya Residents’ Association (RA) wants the authorities to freeze all developments on Jalan Maarof, Bangsar, Kuala Lumpur.
S P Setia to see RM399m sales from its Penang projects in FY16
GEORGE TOWN (Dec 16): S P Setia Bhd’s Penang property sales are expected to contribute RM399 million to the company’s group revenue for the financial year ending Dec 31, 2016 (FY16).
