PROPERTY SNAPSHOT 3: What are developments priced in USJ?
• Today, we continue our focus on USJ by looking at average prices on a per sq ft (psf) basis.
Land Acquisition (Amendment) Bill passed
KUALA LUMPUR (May 24): The Land Acquisition (Amendment) Bill 2016 was passed by the Dewan Rakyat, Bernama reported today.
DBKL to spend RM92 mil on flood prevention infrastructure
KUALA LUMPUR (May 24): Deputy minister of Federal Territories Datuk Loga Bala Mohan said Kuala Lumpur City Hall (DBKL) will be spending a total of RM92 million to upgrade infrastructure in Kuala Lumpur (KL), to prevent further floods in the future.
Al-Salam REIT’s 1QFY16 earnings below expectations
Al-Salam Real Estate Investment Trust (May 23, 97.
IGB Corp in talks to sell Renaissance KL
ESTABLISHED property company and hotelier, IGB Corp Bhd, is believed to be in talks to dispose of its 20-year-old, 910-room Renaissance Kuala Lumpur hotel to a little-known Singapore company for just below RM800 million.
Landmarks' 1Q net loss widens to RM6.59m
KUALA LUMPUR (May 23): Landmarks Bhd's net loss widened to RM6.
CapitaLand Commercial Trust proposes to buy remainder 60% interest in CapitaGreen for S$393m
SINGAPORE (May 23): CapitaLand Commercial Trust (CCT) has proposed to acquire the remainder 60% interest in Grade A office tower CapitaGreen for S$393 million.
Tropicana set for stronger quarters
KUALA LUMPUR: Tropicana Corp Bhd is set to report strong quarterly earnings in the remaining quarters of the year, an analyst said, as it unlocks the value of its land bank in the Klang Valley, as well as in the northern region.
PROPERTY SNAPSHOT 1: USJ non-landed housing average price hits new peak
• This week, the focus is on the secondary market of non-landed residences in Selangor’s UEP Subang Jaya better known as USJ.
Building homes for young adults and growing families
TITIJAYA Land Bhd is developing projects targeted at young adults and families or homeowners who are looking at upgrading to bigger homes.
