Sri Petaling to continue to enjoy growth
PETALING JAYA (May 14): Sri Petaling’s property market is expected to continue to enjoy growth on rising demand from developers looking for land beyond the city centre, said property consultants.
Mah Sing’s M City final block will be handed over by 4Q2016
PETALING JAYA (May 13): Mah Sing Group’s M City at Jalan Ampang, Kuala Lumpur, will see its final block heading for delivery of Vacant Possession (VP) by 4Q2016, said the developer.
S P Setia’s 1Q net profit at RM123 mil, plans RM3 bil launches
KUALA LUMPUR (May 13): S P Setia Bhd, which is poised for RM3 billion worth of launches in the financial year 2016 (FY16), recorded a net profit of RM123.
IJM, MRCB bag RM2.1 bil work packages
KUALA LUMPUR (May 13): IJM Corp Bhd and Malaysian Resources Corp Bhd (MRCB) have been awarded work package contracts worth RM2.
Paramount’s billings expected to pick up as construction works progress
Paramount Corp Bhd (May 12, RM1.
Kerjaya Prospek eyes RM600 mil order book target with Johor win
JOHOR BARU (May 13): Kerjaya Prospek Group Bhd (formerly Fututech Bhd), which has won a RM312.
Agricultural land is hot!
A DIVE into the recently-released National Property Information Centre’s (Napic) 2015 Property Market Report lends an interesting insight into the property buying trend last year.
An old housing estate’s potential
SOME of the older housing estates in Petaling Jaya, Selangor are like fine wine.
DONE DEAL: Glomac Centro at Kayu Ara, Petaling Jaya, Selangor
Rented for: RM1,800 Concluded by: Edmund Chin of Propstar Realty (012-339 1260) When: March 2016 Noteworthy: • Leasehold • Intermediate office unit on the first floor with washroom • Built-up area: 1,637 sq ft • Near institutes of higher education such as KDU, KBU and SEGi College; within 15 to 30 minutes’ drive to shopping malls such as 1 Utama, The Curve, IKEA and Atria Shopping Gallery • Surrounded by mature townships such as Bandar Utama, Damansara Utama and Damansara Jaya Glomac Centro is a mixed development comprising 2-storey shop offices and a block of 29-storey serviced apartments in Kayu Ara, Petaling Jaya.
Genting sues Miami authorities over slots refusal
KUALA LUMPUR (May 12): The Genting group has filed a lawsuit against authorities in the southern US state of Florida, in an apparent last-ditch effort to force the state to allow card games and slots at its Resort World Omni Center in downtown Miami, the Miami Herald reported.
