Property slowdown may not be just a sectoral problem
PROPERTY market cycles come and go, but with prolonged weakness, the current slowdown could point to a much larger economic issue.
PROPERTY market cycles come and go, but with prolonged weakness, the current slowdown could point to a much larger economic issue.
• Today, we continue our focus on Kota Damansara by looking at average prices on a per square foot (psf) basis.
ISKANDAR PUTERI (June 7): Property developer UEM Sunrise Bhd has handed over 20 keys to owners of the Bayu Nusantara affordable homes in Iskandar Puteri (formerly known as Nusajaya) at Iskandar Malaysia, Johor, the group announced in a press release today.
PROPERTY developer cum owner and operator of hotels and malls Mammoth Empire Holdings Sdn Bhd (MEH) is ready to divest Empire Shopping Gallery in Subang Jaya, Selangor, should it receive a desirable and concrete offer.
• Originally developed by the Selangor State Development Corp (PKNS), properties in Kota Damansara remain relatively affordable.
KUALA LUMPUR (June 6): Global Oriental Bhd's 51%-owned unit Sering Manis Sdn Bhd (SMSB) plans to acquire 113.
TASMANIA (June 6): The chief executive and founder of Fragrance Group, Koh Wee Meng is believed to have bought a A$5.
JOHOR BAHRU (June 6): A property agent here has found out the hard way that it does not pay to cheat clients.
EVERY year at Ambiente, the world’s leading trade fair for the consumer goods industry that is held annually in Frankfurt, Germany, all manner of products for the home — be they furnishing, lighting or kitchen and dining ware — are showcased.
CHAN Sow Lin, an industrial area in Kuala Lumpur, has seen plenty of interest from developers in recent years.