HO CHI MINH CITY (May 4): The city’s first Metro Line is expected to boost the prices of land within a 10-minute walk from its stations by as much as 20% more than other areas when it is operational in 2020.
KUALA LUMPUR (May 2): The Bangkok property market is seeing the return of foreign investors in response to the stabilising political situation and lack of opportunity in their own markets, according to the CB Richard Ellis (CBRE) Bangkok Residential Market 2015 Forecast.
PETALING JAYA (April 30): Penang-based property developer Tambun Indah Land Bhd recorded a higher net profit of 18.
PETALING JAYA (May 1): The volume of transactions for Kuala Lumpur’s property market was up marginally by 0.
PETALING JAYA (April 30): SCP Group’s wholly-owned subsidiary, Radical Range Sdn Bhd is expected to launch the first two blocks of KL Traders Square serviced apartments next weekend.
KUALA LUMPUR (April 30): UEM Sunrise is looking to launch RM3.
PETALING JAYA (April 30): Minister of Finance Inc’s wholly-owned Mass Rapid Transport Corp Sdn Bhd (MRT Corp) aims to cut the cost of private land acquisitions for the RM23 billion Sungai Buloh-Serdang-Putrajaya MRT project (Line 2) through mutual agreements with landowners, according to a report in The Edge Financial Daily today.
PETALING JAYA (April 30): Prime Minister Datuk Seri Najib Razak is expected to announce details of the high-speed rail (HSR) after the annual Malaysia-Singapore Leaders’ Retreat next week, said Land Public Transport Commission (SPAD) CEO Mohd Nur Ismal Mohamed Kamal, according to a report in The Edge Financial Daily today.
KUALA LUMPUR (April 29): Contrary to popular belief, the younger generation of Malaysia is not opposed to maximising the facilities of public transport but they are concerned about safety, as raised by a few members of the floor at a forum entitled “Industry Speaks: The Rail Challenge – Taking a City From Good to Great: A Case for Public Transportation in Malaysia” held today in KL Sentral.
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