News about la

PETALING JAYA (May 21): Contractor turned property developer CK East Group is looking to officially launch Rencana TTDI, a commercial project on a two-acre Malay reserve parcel in Taman Tun Dr Ismail, Kuala Lumpur, within two months.

Hua Yang Bhd (May 19, RM1.

KUALA LUMPUR (May 20): Subdivided buildings and underground land will be included in the Land Acquisition Act under amendments tabled in Parliament yesterday.

Rented for: RM10,000  Concluded by: Rajesh V Hassaram of One Sunterra Properties Sdn Bhd (016-222 5604) When: March 2016 Noteworthy: • Freehold • Built-up: 5,200 sq ft • Land size: 8,200 sq ft • 6 rooms • 7 bathrooms • Comes with a swimming pool • Leased for two years • Partially furnished with lights, wardrobes and curtains According to the negotiator, Rajesh V Hassaram of One Sunterra Properties Sdn Bhd, the property is located along Jalan Beka, which has guards around the clock, thus ensuring the safety of its residents at all times.

PETALING JAYA (May 19): Property developer Juta Asia Corp and Singapore’s CapitaLand will hold a preview for the genKL condominium development, which comprises 332 units, in Kuchai Lama at Bangsar South this weekend, said CapitaLand Malaysia in a press release on behalf of both parties.

•    Today, we look at price growth and indicative asking rental yields for non-landed homes in Subang Jaya.

KUALA LUMPUR (May 17): IJM Land Bhd will be unveiling its first commercial development in Pantai Sentral Park in Bukit Kerinchi, Kuala Lumpur, which carries a gross development value (GDV) of about RM500 million by the end of this year, said IJM Land Bhd central region senior general manager Hoo Kim See.

PROTASCO Bhd is adopting the new urbanism concept in its maiden project, De Centrum City, in Kajang, Selangor.

KUALA LUMPUR (May 17): Construction company Zelan Bhd is tendering for contracts worth RM4 billion this year, comprising local infrastructure projects, as the company winds down its overseas operations.

SINGAPORE (May 17): GuocoLand is said to be in talks to buy a stake in the overseas unit of a Malaysian developer that is expected to go public later this year, according to Dow Jones reports.