DONE DEAL: Damansara Foresta condominium, Bandar Sri Damansara, Selangor
Sold for: RM838,000 (RM520 psf) Concluded by: Nelson Leong (REN 15269) of Cornerstone Realty (012-813 1889) When: August 2016 Noteworthy: ● Freehold ● 1,610 sq ft ● Corner unit ● 3+1 bedrooms and 3 bathrooms ● Bathtub in master bathroom ● Accessible via LDP, Sprint Expressway, MRR2 and NKVE Developed by Land & General Bhd (L&G), Damansara Foresta is a freehold development located in Bandar Sri Damansara.
Amanahraya REIT appoints Ikmal as chairman
KUALA LUMPUR (Jan 19): Amanahraya Real Estate Investment Trust (REIT) has appointed Datuk Seri Ikmal Hisham Abdul Aziz as its chairman from today.
Pavilion REIT 4Q property income up 4%, proposes 4.08 sen distributable income
KUALA LUMPUR (Jan 19): Pavilion Real Estate Investment Trust (REIT) posted a net property income of RM76.
BNM's OPR decision a balancing act, says Standard Chartered
KUALA LUMPUR (Jan 19): Bank Negara Malaysia (BNM)'s decision today on the overnight policy rate (OPR) is a toss-up between the country's inflation rate and the risk of capital outflows, said Standard Chartered Bank Malaysia Bhd.
Guocoland 2Q profit jumps on land sale
KUALA LUMPUR (Jan 19): Gain from one land sale has lifted Guocoland (M) Bhd’s net profit to RM110.
Country View sees 43% increase in 4Q net profit
KUALA LUMPUR (Jan 18): Country View Bhd's net profit for its fourth quarter financial results for the period ended Nov 30, 2016 (4QFY2016) rose 43.
Gadang to build RM700m residential project within Kwasa Damansara
KUALA LUMPUR (Jan 18): Kwasa Land Sdn Bhd, the master developer of the Kwasa Damansara township here, has awarded the development rights of a 21.
TA Securities expects market headwinds to persist for property sector
KUALA LUMPUR (Jan 18): TA Securities Research has maintained its “Underweight” rating on the property sector, as “weak market sentiment, increasing supply and tight lending environment are expected to weigh on property sales”.