E-commerce set to impact the property market

SINCE its emergence in the 1950s, the internet has grown into a juggernaut, changing the way we do practically everything, from finding a partner to buying everyday items like groceries and electronic appliances.

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Mapex 2016 targets bookings for RM500m worth of properties

KUALA LUMPUR (April 15): Real Estate and Housing Developers’ Association (Rehda) Malaysia president Datuk Seri Fateh Iskandar Mohamed Mansor (pictured, below) aims to achieve bookings for properties worth RM500 million in the three-day real estate exhibition event Mapex 2016.

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DONE DEAL: 2-storey semi-detached house at Taman Desa, Kuala Lumpur

Sold for: RM2,150,000 Concluded by: Terence Yap of One Sunterra Properties Sdn Bhd (012-210 3557) When: December 2015 Noteworthy: • Freehold • Built up: 2,500 sq ft • Land size: 3,300 sq ft • 5 bedrooms and one utility room According to the agent, Terence Yap of One Sunterra Properties Sdn Bhd, the property is located along Jalan Desa Mesra, which happens to be a popular street in Taman Desa.

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Astaka Holdings anticipates sales to spike in 2017

PETALING JAYA (April 14): Despite the generally pessimistic outlook of Johor’s property market, Johor-based developer Astaka Holdings Ltd is confident things will look up next year as the market exits its “corrective phase” and embarks on another surge of activity prompted by the growth of Iskandar Malaysia’s core sectors.

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One with the great outdoors

REFRAINING from judging a book by its cover also applies to houses — some exteriors express the moods within, from kitsch to classic, while others keep their cards close to the chest, revealing little about the lives and styles of the occupants.

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