Gamuda has prospects of clinching PDP contract
Gamuda Bhd (June 4, RM5) Upgrade to buy with higher target price (TP) of RM5.
Kerinchi’s rebirth
THE Kerinchi and Pantai area located south of Bangsar in Kuala Lumpur is a growing property hotspot.
Johor international zones will reduce market speculation
The proposed implementation of “international zones” for the purchase of residential property by foreigners in Johor is likely to dampen demand for luxury properties outside of them that are priced above RM1 million, real estate agents familiar with the Johor market tell The Edge Property.
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Westside III condo in Desa ParkCity hits 60% sales
KUALA LUMPUR (June 5): Perdana ParkCity Sdn Bhd’s Westside III condominium in Desa ParkCity, Kuala Lumpur, saw a 59% take-up rate after its priority launch event on May 30.
The sun rises in the South of Bangsar
PETALING JAYA (June 5): Lying south of Bangsar on the fringes of Kuala Lumpur, between the city centre and Petaling Jaya are the Kerinchi and adjoining Pantai areas.
Singapore billionaire Peter Lim invests in theedgeproperty.com
SINGAPORE (June 4): The Singaporean billionaire who owns Valencia, Peter Lim (pictured, below), has taken a 20% interest in the new property portal - theedgeproperty.
Sunway celebrates World Environment Day with green initiatives
PETALING JAYA (June 4): In an effort to promote liveability and environmentally friendly practices, Sunway Property, in partnership with Malaysian Environmental NGOs (MENGO) and supported by Eco Knights, kicked off the World Environment Day (WED) celebration with its communities in its flagship township of Sunway Resort City in Petaling Jaya yesterday.
PROPERTY SNAPSHOT What’s hot in Kerinchi/Pantai?
• Today we look at price growth and indicative asking rental yields for non-landed residences in Kerinchi, Pantai and Bangsar South.
