News about ma

PETALING JAYA (Dec 2): The management of Alam Prima condominiums in Shah Alam, Selangor, says it is not against foreigners living there, despite it displaying banner over its main entrance clearly stating that foreigners are not welcome.

KUALA LUMPUR (Dec 2): Construction work on the Penang light railway transit (LRT) project, which is part of the first phase of the island’s Transport Master Plan (TMP), will start in 2018.

IMPIANA Sdn Bhd, the operator of Impiana Hotels & Resorts, will triple the number of rooms under its management to 3,151 by 2018 as it expands its portfolio in Malaysia, Indonesia, Thailand and the Maldives.

  We continue our focus on Damansara /Bandar Utama by looking at average prices on a per square foot (psf) basis.

JOHOR BAHRU (Dec 1): The state’s RM3 million budget to help Johoreans buy their own homes is underfunded, Opposition assemblyman Ee Chin Li (DAP-Tangkak) has said in response to Housing and Local Government chairman Abd Latiff Bandi’s winding up speech on the Supply Enactment 2016 at the State Assembly session on Sunday.

SEREMBAN (Dec 1): The state is not ready to declare Seremban a city even though the status had been granted by the federal authorities in 2012.

  As one of the Klang Valley’s most popular urban centres, non-landed residences in the Damansara/Bandar Utama areas comprise mostly of condominiums targeted to the upper-middle class segment.

KUALA LUMPUR (Nov 30): Damansara Realty Bhd has secured the contract for the proposed development of Perumahan Penjawat Awam 1Malaysia (PPA1M) and the commercial part of a mixed development at Presint 5, Putrajaya, which carries a total estimated gross development cost of RM467.

GEORGE TOWN (Nov 30): Gamuda Bhd-led project delivery partner — SRS Consortium Sdn Bhd — for the Penang Transport Master Plan (TMP) estimates the cost of reclaiming two islands measuring about 1,300 acres (526.

  This week’s spotlight falls on the non-landed residential property market in the prime Damansara area of Petaling Jaya.