PROPERTY SNAPSHOT What are homes priced like in Kelana Jaya?
• Today, we continue our focus on Kelana Jaya by looking at average prices on a per square foot (psf) basis.
City & Country: Developer adds a French touch to Bandar Agacia
UNKNOWN to many, a banker-turned-developer is in the midst of transforming a 100-acre ex-tin mining tract in Kampar into a RM1.
AlloyMtd to start RM2.67 bil One Crown project by November
PETALING JAYA (July 7): Infrastructure development company AlloyMtd Group has obtained approval from London Borough of Hackney (LBH) to redevelop One Crown Place, London EC2, in the UK, according to a report in The Edge Financial Daily today.
Sunsuria could gain RM143.7 mil from sale of land in Sepang
PETALING JAYA (July 7): Property developer Sunsuria Bhd (formerly known as Malaysia Aica Bhd) may sell 10% of its 330-acre tract in Sepang to an international education group for as much as RM143.
No property bubble in Sydney market, says Charter
PETALING JAYA (July 7): Sydney’s property boom is supported by solid fundamentals, rather than a bubble situation, according to Australian property advisory firm Charter Keck Cramer (Charter).
PROPERTY SNAPSHOT What’s affordable in Kelana Jaya?
• The existing non-landed residences in Kelana Jaya consist mainly of mid-market condominiums built in the early 2000s.
Daya Materials’ unit to sell stake in property development JV for RM3.84 mil
PETALING JAYA (July 6): Daya Land & Development Sdn Bhd, an indirect subsidiary of Daya Materials Bhd, has proposed to dispose of its 51% stake in Semangat Global Sdn Bhd to Highstar Realty Sdn Bhd for RM3.
Tune Group Hotels cut by half, asset sale planned
PETALING JAYA (July 6): Tan Sri Tony Fernandes’ Tune Group has slashed the number of its Tune Hotels worldwide, ended its partnership with Bangkok-based Red Planet Hotels and put several of its assets up for sale, reports The Edge Malaysia in its current issue.
Agile Real Estate Development to launch Agile Mont’Kiara
KUALA LUMPUR (July 6): China-listed developer Agile Property Holdings Ltd plans to launch its debut project in Malaysia in the third quarter of 2015 (3Q2015).