News about la

  While addresses in Central City Kuala Lumpur carry less prestige than KLCC ones (analysed in a separate article), most properties here still fall into the high-end segment.

SELANGOR: Warisan Residence 1 Phase 1C, the latest phase of double-storey terraced homes located in the township of Suria Warisan, has seen a take-up rate of 50% since its launch on Dec 4.

KUALA LUMPUR (Dec 23): Guocoland (Malaysia) Bhd, the property investment arm of Hong Leong Group, has appointed Datuk Kong Woon Jun, 52, as its managing director (MD) effective Jan 4, 2016, following the resignation of Tan Lee Koon, 41, who will assume another position in the Hong Leong group.

THE most anticipated property deal is the sale of Bandar Malaysia — the 486-acre township planned at the site of the old Sungai Besi airport.

BELIEVE it or not, the year 2015 can be considered one of the most vibrant in the history of the local property sector despite a general slowdown.

A large supply of office space continued to weigh on rental rates in Kuala Lumpur, KL Fringe and Beyond KL (Selangor) in 3Q2015, while the overall market is expected to remain gloomy until year end.

UPON entering the gates of Kelab Golf Sultan Abdul Aziz Shah (KGSAAS) in Shah Alam, Selangor, a long tree-lined and picturesque driveway leads to the courtyards of Vila Elemen.

KUALA LUMPUR (Dec 22): LTKM Bhd is selling a piece of freehold industrial land measuring 21,284 sq metres together with a factory in Kapar, Klang, for RM26 million, cash, to unlock the property's value and use the proceeds to acquire future strategic landbank.

KUALA LUMPUR (Dec 22): FCW Holdings Bhd said the 368 Residences project, which will be jointly developed with IJM Land Bhd on a 50:50 basis, will see its first phase launched in the third quarter of 2016.

Green bicycle lanes that have been painted on pavements across George Town are “a mistake”, city councillor Muhammad Bakhtiar Wan Chik has said.