News about l

•    Today, we look at price growth and indicative asking rental yields for non-landed residences in Mainland Penang.

KUALA LUMPUR (Jan 27): Kuala Lumpur City Hall today announced a new service it said would simplify the process of obtaining development approvals in the Greater KL area.

PETALING JAYA (Jan 27): Petaling Jaya City Council (MBPJ) has promised to take action to solve traffic congestion woes on the Petaling Jaya One Way Loop (OWL) system.

KUALA LUMPUR (Jan 27): The sale of retail portfolios and demand for logistic space is expected to increase in Europe this year, said global property services firm Savills in a briefing note entitled “Themes for European property in 2016” released this month.

KUALA LUMPUR: Quarry equipment distributor SCH Group Bhd’s revenue may decline 20% in the current financial year ending Aug 31, 2016 (FY16) due to the property market slowdown, according to its managing director cum deputy chairman Lau Mong Ling.

KUALA LUMPUR: Selangor Dredging Bhd (SDB) is proposing to develop 588 units of residential properties with a gross development value of RM450 million on two pieces of land it is acquiring in Ulu Klang, Selangor.

MELAKA (Jan 26): The Melaka government and China's Guangdong province will hold wide-ranging talks on investments and project collaboration during the state's official visit to the province in March.

KUALA LUMPUR (Jan 26): Bangsar, Kuala Lumpur, resident Kum Thong Wong has a problem with long-standing potholes in front of a hawker centre in Lorong Ara Kiri, Lucky Garden.

KLCC Property Stapled Group (Jan 22, RM7) Maintain hold with a target price of RM7.

Eastern & Oriental Bhd (Jan 22, RM1.