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PETALING JAYA (June 13): LGB Properties (M) Sdn Bhd, a subsidiary of LGB Group, is planning a mixed-use development on a parcel in Virginia Park, Section 13 here that is currently occupied by British American Tobacco (M) Bhd’s (BAT) factory, said LGB Group director Lim Chin Sean.

WITH a predominantly Chinese population, Kepong is home to many traditional shops, heritage shops and family-style restaurants.

•    This week, the spotlight falls on the secondary market of non-landed residences in Tropicana and Sunway Damansara in Selangor.

1 2 3 4 5 6 7 8 SHOPPING centres have been evolving since the 1950s.

WHILE many continue to be cautious about the property market due to the weak market sentiment over the past two years and while lending guidelines remain tight, investors may be encouraged to know that there are some condominiums selling below RM500,000 that saw double-digit capital growth last year on the secondary market.

Rented for: RM10,000 Concluded by: Rajesh V Hassaram (REN 00456) of One Sunterra Properties Sdn Bhd (016-225 5604) When: May 2016 Noteworthy: • Freehold • Built-up: 5,500 sq ft • Land size: 5,500 sq ft • 5 bedrooms and a maid’s quarters • Comes with a swimming pool • Each room has its own en-suite bath and walk-in wardrobe • Partially furnished with kitchen appliances such as an oven, microwave, stove, two fridges and a dishwasher • Leased for two years According to the negotiator, Rajesh V Hassaram of One Sunterra Properties Sdn Bhd, the house is located in a gated-and-guarded community within Damansara Heights.

ALREADY bright due to its predominantly white palette, this kitchen in a Damansara Heights home plays on natural light for illumination.

•    Today, we look at price growth and indicative rental yields for non-landed homes in Kota Damansara.

PETALING JAYA (June 8): A fresh crop of fraud cases involving illegal property brokers making headlines have prompted the Board of Valuers, Appraisers, and Estate Agents Malaysia (BOVAEA) to issue yet another warning to the public against dealing with such agents as they put their life’s savings at risk.

KUALA LUMPUR (June 8): The High Court here yesterday allowed an application by the developer of the East Klang Valley Expressway (EKVE) project to be an intervenor in a lawsuit by three environmental organisations to challenge the Selangor Forestry Department’s decision to close Taman Rimba Ampang (Ampang Forest Park) to make way for the project.