AmProp’s 3Q net profit falls 9.4% to RM5.33 mil
KUALA LUMPUR (Feb 5): Amcorp Properties Bhd’s (AmProp) net profit for the third quarter ended Dec 31, 2015 (3QFY16) fell 9.
The waiting game in Johor Bahru
DESPITE its proximity to Singapore, the Johor Bahru property market had never received the same kind of attention as the Klang Valley or Penang markets until the launch of the Iskandar Malaysia development corridor in 2006.
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.
Tabung Haji not selling TRX land but developing it into high-end apartments
KUALA LUMPUR (Feb 4): Lembaga Tabung Haji said it will be developing the 1.
Knight Frank: European office take-ups expected to rise by 10% this year
LONDON (Feb 4): The aggregate take-up for European office space is expected to rise by 10% this year on the back of resilient demand and shortage of office space supply, said global property services firm Knight Frank.
Ipoh council appoints area communication liaison officers to improve service
IPOH (Feb 4): Forty-six staff members of Ipoh City Council (MBI) were appointed today to serve as the first batch of liaison officers on the council's area communication committee.
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.
Ikhmas Jaya bags RM65.3 mil subcontract works in Melaka
KUALA LUMPUR (Feb 4): Ikhmas Jaya Group Bhd has bagged a RM65.
