Budget reaffirms federal capital’s commitment to public housing
KUALA LUMPUR (Nov 20): Kuala Lumpur City Hall has allocated more than RM201 million for public housing in its 2016 budget.
Penang sets up committee for housing scheme redevelopment, upgrading
GEORGE TOWN (Nov 20): The Penang government has set up a new Urban Regeneration Committee to look into the redevelopment and upgrading of old housing schemes, says state housing exco Jagdeep Singh Deo (DAP-Datuk Keramat).
Eyes on PJ’s Section 13
PETALING JAYA was originally developed as a satellite township to Kuala Lumpur back in 1952, and has sprawled so successfully that it was granted city status in June 2006.
MRCB 3Q net profit falls 79.4% on lower revenue
KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) reported a 79.
Marriott to manage YTL’s hotels in Koh Samui and Hokkaido
KUALA LUMPUR (Nov 20): YTL Corp Bhd has awarded the contract to manage its two new upscale hotels in Koh Samui, Thailand and Niseko Village, Hokkaido, Japan to global hotel company Marriott International Inc.
Mah Sing Group launches final phase of Lakeville Residence
PETALING JAYA (Nov 20): Mah Sing Group Bhd will launch the final phase of Lakeville Residence this weekend.
Ikea set to open third and fourth stores in Johor and Penang in three years
KUALA LUMPUR (Nov 20): Swedish furniture provider Ikea plans to open two more stores in Malaysia in the next three years, said Ikea Malaysia, Singapore and Thailand retail director Mike King yesterday.
Locus @ KLCV coming up in Cheras
KUALA LUMPUR (Nov 20): Cheras has again proven a property hotspot with the emergence of a new serviced apartment development, The Locus @ KLCV (KL City View), which has an indicative price of RM1,000 psf.
Penduline’s initial 132 homes 85% sold
PETALING JAYA (Nov 20): IJM Land Bhd has sold 85% of 132 units of two-storey terraced homes under its Penduline scheme launched on Nov 15, says its senior manager for sales and marketing Susan Teh.
DONE DEAL: Unit at The Z Residence condominium, Bukit Jalil, Kuala Lumpur
Sold for: RM670,000 or RM541 psf Concluded by: K Y Kwek of Hartamas Real Estate (OUG) (019-659 2782) When: September, 2015 Noteworthy * Freehold * Built-up area: 1,238 sq ft * 3 bedrooms and 2 bathrooms * North facing * Infinity swimming pool * Two-tier 24-hour security * Sky lounge * Sauna * Playground * Floating garden The Z Residence is located at Jalan Jalil Perwira 2, Bukit Jalil.
