PROPERTY SNAPSHOT What’s hot in Setapak?
Today, we look at price growth and indicative asking rental yields for non-landed residences in Kuala Lumpur’s Setapak area.
CapitaMalls will see diluted earnings and dividend per unit
CapitaMalls Malaysia Trust (June 26, RM1.
PROPERTY SNAPSHOT Affordable luxury at Setapak
• This week, we focus on the non-landed residential properties in one of Kuala Lumpur’s oldest suburbs, Setapak.
Glomac rises 2.5% on the back of 4QFY2015 results
PETALING JAYA (June 25): Glomac Bhd shares rose 2.
Axis-REIT, Haisan enter into RM46 mil sale and leaseback agreement for Port Klang property
KUALA LUMPUR (June 22): Axis REIT Managers Bhd (ARMB), the manager of Axis Real Estate Investment Trust (Axis-REIT), is acquiring an industrial facility in Port Klang, Selangor from Haisan Resources Bhd for RM46 million cash on an acquisition and leaseback arrangement.
Selangor to discuss building plan approval for Atria’s public facilities
PETALING JAYA (June 15): The Selangor state government will soon be discussing a building plan application by OSK Properties for public facilities to be constructed on state land adjacent to the revitalised Atria Damansara project in Damansara Jaya, Petaling Jaya.
Guocoland to start on final component of Damansara City
KUALA LUMPUR (June 10): GuocoLand (Malaysia) Bhd held a “topping out” ceremony for its RM2.
Household items of tax defaulters will be seized, warns PJ council
PETALING JAYA (June 3): The Petaling Jaya City Council (MBPJ), Selangor, will be taking action against defaulters who failed to pay their assessment tax amounting to RM2.
Paramount bids for RM2 bil property projects, targets RM600 mil sales
SHAH ALAM (June 3): Paramount Corp Bhd is on track to achieve its RM600 million property sales target within the next three years, capitalising on existing projects and RM2 billion worth of bids, its chief said.
Atria developer in a bind over obligations to PJ council
KUALA LUMPUR (June 3): In a case of the authorities putting the cart before the horse, a developer is caught in a bind as it has been told to fulfil its obligations to build public facilities but has yet to be given the necessary approvals to do so.
