News about ho

THE extraordinary boom in the property market in Malaysia is ending but high house prices and the middle-class obsession with home ownership are likely to persist for a long time to come.

This is the third in a series of four snapshots on South Central Petaling Jaya.

KUALA LUMPUR (Nov 17): Housing developer Best Boulevard Sdn Bhd which is constructing small offices-home office (soho) units in Kuala Lumpur has been exempted from imposing the 6% goods and services tax (GST) on its buyers.

PETALING JAYA (Nov 16): Block C of Maple Residences serviced apartments in Bandar Bestari Klang, Selangor, by KSL Holdings Bhd is 40% sold since it was launched on Nov 1, said project director Patrick Khoo.

This is the second in a series of four snapshots on South Central Petaling Jaya.

KUALA LUMPUR (Nov 16): Success Tower Sdn Bhd, a private incorporated company based in Klang, Selangor, had on Nov 13 purchased 49.

Petaling Jaya (Nov 16): Fresh graduates feel compelled to buy property quickly because they fear prices will soon outpace the growth of their income, said Khazanah Research Institute director of research Dr Suraya Ismail.

This is the first in a series of four snapshots on South Central Petaling Jaya.

KUALA LUMPUR (Nov 14): Developer KSK Land Sdn Bhd will be launching the first residential tower of its much-anticipated integrated project, 8 Conlay, in Kuala Lumpur on Nov 18.

PETALING JAYA (Nov 13): LBS Bina Group Bhd managing director Tan Sri Lim Hock San won the World Chinese Economic Summit (WCES) Lifetime Achievement Award for enhancing relations with China during a presentation at the 7th World Chinese Economic Summit in the UK.