MK Land may sell properties en bloc to minimise risks
MK Land Holdings Bhd (April 14, 37 sen) Maintain outperform with target price (TP) of 50 sen: MK Land Holdings Bhd’s unbilled sales are now at RM150 million from RM200 million previously.
MK Land Holdings Bhd (April 14, 37 sen) Maintain outperform with target price (TP) of 50 sen: MK Land Holdings Bhd’s unbilled sales are now at RM150 million from RM200 million previously.
KULIM (April 15): The proposed Kulim International Airport (code-named KXP) is back to being a full-fledged passenger and cargo airport in the final proposal to be submitted by the Kedah government to the prime minister in the third quarter of 2016.
SINCE the mid-2000s, Australia has seen low interest rates, an abundance of liquidity and strong population growth, underpinned by high levels of immigration.
VICTIMS of abandoned projects often feel like they are trapped in a nightmare and usually blame themselves.
Sold for: RM2,150,000 Concluded by: Terence Yap of One Sunterra Properties Sdn Bhd (012-210 3557) When: December 2015 Noteworthy: • Freehold • Built up: 2,500 sq ft • Land size: 3,300 sq ft • 5 bedrooms and one utility room According to the agent, Terence Yap of One Sunterra Properties Sdn Bhd, the property is located along Jalan Desa Mesra, which happens to be a popular street in Taman Desa.
PETALING JAYA (April 14): Despite the generally pessimistic outlook of Johor’s property market, Johor-based developer Astaka Holdings Ltd is confident things will look up next year as the market exits its “corrective phase” and embarks on another surge of activity prompted by the growth of Iskandar Malaysia’s core sectors.
PETALING JAYA (April 14): Johawaki Development Sdn Bhd is set to launch the third and final phase of its Avanti Residences in Saujana Permai U17, Shah Alam over two days starting May 7.
PETALING JAYA (April 14): The construction of new LRT Kelana Jaya Line extension project (LEP) is currently progressing to the final stage, and the line is on track to begin operations at end-June this year, said infrastructure operator Prasarana Rail and Infrastructure Projects Sdn Bhd (Praise) CEO Datuk Zohari Sulaiman.
KUALA LUMPUR (April 14): A study by international property consultancy CBRE has shown that properties within and around regeneration zones experience a substantial growth in prices that outpaces properties within other local authorities in London.
SHAH ALAM (April 14): Only World Group Holdings Bhd (OWG) has signed a memorandum of understanding (MoU) with the owner of Grand Imperial Restaurant to operate the luxury Chinese cuisine restaurant and banquet hall services at Komtar Tower, Penang.