PROPERTY SNAPSHOT 1: Kota Damansara gets increasingly attractive
• This week, the spotlight falls on the secondary market of non-landed residences in Kota Damansara.
Sustainability wins it for S P Setia
WHEN S P Setia Bhd drew up the plans for its corporate headquarters at Setia City commercial centre at its flagship township Setia Alam in Shah Alam, the developer knew it wanted an icon that signified its commitment to sustainable development.
Reducing electricity usage is not that difficult
THE electricity bills are only going to go higher.
The changing face of Kepong
PETALING JAYA (June 4): Kepong will see a number of RumaWIP (Federal Territory Affordable Housing Policy) homes coming up over the next few years.
Avanti Residences’ final phase is 55% sold
PETALING JAYA (June 3): The third and final phase of Avanti Residences in Saujana Permai U17, Shah Alam, by property developer Johawaki Development Sdn Bhd is 55% sold since its launch on May 7, marketing manager Ku Reza Ku Abd Rahman told TheEdgeProperty.
Damansara Realty seeks to raise RM150m via notes
KUALA LUMPUR (June 3): Damansara Realty Bhd plans to raise up to RM150 million by issuing redeemable convertible notes to fund its property development activities and for working capital.
Econpile bags RM208 mil works contract
KUALA LUMPUR (June 3): Econpile Holdings Bhd has bagged a RM208 million contract to undertake bored piling and pile caps, diaphragm walls and earthworks, as well as foundation and substructure works for a mixed commercial development in Jalan Ampang here.
MBAM says no to safeguard measures on steel products
KUALA LUMPUR (June 3): The Master Builders Association Malaysia (MBAM) has voiced opposition to safeguard measures on steel products, arguing that without the free flow of imports, prices of steel bars may be uncontrollable.
Malls must stay relevant to thrive
ANYOUNG Haseyo! South Korea – read Korean dramas, K-pop and of course PSY’s galloping Gangnam Style – have undoubtedly touched the lives of many a Malaysian.
DONE DEAL: 2.5-storey villa at Contours, Melawati
Rented for: RM11,000 Concluded by: Matt Tian (REN 01002) of Reapfield Properties KL Sdn Bhd (016-208 5108) When: April 2016 Noteworthy: • Freehold • Built-up: 5,305 sq ft • Land size: 5,500 sq ft • 5 rooms and 6 bathrooms • Leased for two years • Partially furnished with built-in wardrobes, cabinets with appliances for dry and wet kitchen, curtains, fans and air-conditioners, curtains and lights • Has a swimming pool and a spacious garden According to the negotiator, Matt Tian of Reapfield Properties KL Sdn Bhd, this house is owned by a local investor who is renting it out to an expatriate businessman.
