PROPERTY SNAPSHOT 3: What are the prices of developments in Damansara North?
We continue our focus on Bandar Sri Damansara/Damansara Damai — Damansara North — by looking at average prices on a per square foot (psf) basis.
18 Penang buildings waiting to be gazetted as national heritage
PENANG (Dec 8): The National Heritage Department has been waiting for years for the Penang government to give its consent to gazette 18 buildings in the state as "national heritage".
Sime Darby seeks buyer for Melaka hotel
SIME Darby Bhd is making a second attempt in six years at disposing of its hospitality asset Hotel Equatorial Melaka for an estimated RM180 million, which would also involve assuming the hotel’s debt.
Opportunity to fill Abu Dhabi ‘affordable housing' gap, says Cluttons
ABU DHABI (Dec 8): The lack of affordable housing in provides a major opportunity for developers to fill the gap with ‘genuine affordable’ housing, said international real estate consultancy Cluttons in its Abu Dhabi 2015/16 Winter Property Market Snapshot.
Spring Gallery tapping into Terengganu’s property market for future growth
KUALA LUMPUR (Dec 8): Ceramics maker turned property-construction company Spring Gallery Bhd is banking on the untapped East Coast property market for its future growth.
Komuter service to be rerouted during 6-month trial
KUALA LUMPUR (Dec 8): The Komuter train service will be rerouted from Dec 15 under a six-month trial period in preparation for an infrastructure upgrade and track rehabilitation work.
Mambang Di Awan farmers want land, not houses
IPOH (Dec 8): At least 20 Mambang Di Awan farmers are still insisting Perak Menteri Besar Datuk Seri Dr Zambry Abd Kadir intervene in their eviction dispute with landowner Syarikat Bidara Istimewa Sdn Bhd, despite having met with developer to resolve their differences.
Impact on Sime minimal even if hotel deal materialises
Maintain neutral with an unchanged target price of RM8.
1MDB will consider late bid by Desmond Lim
1 Malaysia Development Bhd (1MDB) is understood to be considering a late bid by businessman Tan Sri Desmond Lim, partnering a Qatari state-owned firm, even though it was made after the tender closed.
