The Ascent Paradigm Offices 50% taken up
PETALING JAYA: The Ascent Paradigm by WCT Holdings Bhd (WCT), which opened in the third quarter of last year, has seen half of its 504,084 sq ft total net lettable area taken up.
Call for greater clarity on RM300,000 limit for first-time home buyers
KUALA LUMPUR (Feb 4): International property consultancy firm Rahim & Co is hoping a guideline will be provided on the newly-imposed limit on sales of new homes priced up to RM300,000 for first-time home buyers.
DONE DEAL: Koi Kinrara serviced apartment, Bandar Puchong Jaya, Puchong
Sold for: RM438,000 or RM409psf Concluded by: Stanley Hang of MIP Properties (012 735 5110) When: Nov 15, 2015 Noteworthy: * Freehold * Block B * 1,072 sq ft, three bedrooms and two bathrooms * Cafeteria, restaurant, squash court, gymnasium, sauna room, wading pool, children’s playground, business centre and function room *IOI Mall and future MRT station within 5 to 6-minute drive; IOI Boulevard, Columbia Hospital, Tesco and Setiawalk nearby; easy access to Bandar Sunway through Damansara-Puchong highway.
Selangor Prop buys four parcels of land to develop high-end villas
KUALA LUMPUR (Feb 4): Selangor Properties Bhd (Selangor Prop) has acquired four parcels of land, measuring a total of 5,253 sq m in Kuala Lumpur for RM32.
UMLand-UEM Sunrise JV to launch project by end-2016
ISKANDAR (Feb 4): Nusajaya Consolidated Sdn Bhd (NCSB), a 50:50 joint-venture (JV) company between United Malayan Land Bhd (UMLand) and UEM Sunrise Bhd, will be launching its mixed development, The Waves, in Puteri Harbour, Johor, by year-end.
Hai Phong has potential to be logistics hub of Vietnam, says CBRE
HANOI (Feb 2): Hai Phong, Vietnam has the potential of becoming a major logistics hub of Vietnam, according to global commercial real estate service firm CBRE (Vietnam) Co Ltd.
PROPERTY SNAPSHOT 3: What are prices like in Johor Bahru?
Here are the average prices per square foot for the Johor Bahru non-landed residential market.
Perak State Development Corp accepts challenge to sell homes at RM130,000
IPOH (Feb 2): Perak State Development Corp (PKNP) will build homes priced below RM150,000 each for potential buyers unable to purchase the state’s affordable homes, says its group chief executive Datuk Aminuddin Desa.
A halal economy to emerge in Iskandar Malaysia
A HALAL economy will emerge as another growth driver for Iskandar Malaysia with Johor having opened the industry to Japanese and other Asian companies, Tentu Teguh Sdn Bhd (TTSB) CEO Mohd Noor Abd Salam tells City & Country.
