Setia EcoHill 2 to launch in 1Q2016
SP Setia Bhd plans to launch the newly approved Setia EcoHill 2 — a 1,010-acre township with a gross development value of RM5 billion — next year.
OSK Property listed in Forbes Asia’s ‘Best Under A Billion’ 2015
PETALING JAYA (July 1): OSK Property Holdings Berhad (OSK Property) has been listed on Forbes Asia’s Best Under a Billion 2015.
Home prices trend sideways on Johor secondary market
PRICES of homes on Johor Baru’s secondary market remained firm in 1Q2015, according to The Edge-KGV International Property Consultants Johor Baru Housing Monitor for the period.
Claims of housing glut in Iskandar inaccurate, says IRDA
JOHOR BAHRU (July 1): Demand for medium, affordable and low-cost housing in Johor’s Iskandar region remains strong, says Iskandar Regional Development Authority (IRDA) chief executive Datuk Ismail Ibrahim.
PROPERTY SNAPSHOT What are developments priced at in Setapak?
Today, we continue our focus on Kuala Lumpur’s Setapak area by looking at average prices on a per square foot (psf) basis.
1MDB's Bandar Malaysia eyes consortiums, construction to start as early as 2017
KUALA LUMPUR (June 30): The scale of 1Malaysia Development Bhd's (1MDB) Bandar Malaysia mixed-use development here may require the combined expertise and financial strength of consortiums to ensure its success.
Sime Darby, PDC, sign major development deal
Government-linked corporation Sime Darby and the Penang Development Corporation (PDC) have signed a memorandum of understanding (MoU) to develop Changkat and Byram in Nibong Tebal, southern Seberang Prai, Penang.
Matrix Concepts sees new property ruling to boosts GDV
PETALING JAYA: Matrix Concepts Holdings Bhd said the Negeri Sembilan government’s move to change its affordable housing policy and bumiputera quota will enable a project’s gross development value (GDV) to increase, in a report by The Edge Malaysia (June 29 – July 5 2015 issue), “The people will ultimately benefit as there will be more affordable housing, while developers can still make a profit,” Matrix Concepts founder and group managing director Datuk Lee Tian Hock told the weekly.
Acmar’s hotel rescheduled to be completed next year
KLANG (JUNE 30): The construction of the much anticipated five-star hotel, Acmar Hotel and Residence in Klang, Selangor, has hit regulatory snags and its completion is expected to be delayed by at least three months to first quarter of next year, said Acmar International Group.
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PROPERTY SNAPSHOT What’s affordable in Setapak?
With the advantage of being close to the city centre, Setapak has witnessed the development of many condominiums.
