News about ng

THE top two losses for private non-landed homes sold in the week of Feb 14 to 21 were for units in Orchard Scotts, a 99-year leasehold ­condominium in prime District 9 completed in 2008.

SINGAPORE (March 13): A surprise letup of property cooling measures — albeit minor and targeted tweaks — on Friday sent property developer stocks soaring to the highest in more than 20 months.

KUALA LUMPUR (March 13): Sunway Construction Group Bhd confirms that its subsidiary Sunway Construction Sdn Bhd (SCSB) has bagged a construction job from intercity railway operator Mass Rapid Transit Bhd (MRT) worth RM212.

PUCHONG (March 13): IOI Properties Bhd is aiming to start construction of an office development with an estimated gross development value (GDV) of at least S$3.

KUALA LUMPUR (March 13): SkyWorld Development Group targets to launch four to five projects with an estimated gross development value (GDV) of RM1.

PETALING JAYA (March 13): Eco World Development Group Bhd (EcoWorld) has opened the show village for Eco Grandeur in Puncak Alam, Selangor last weekend.

Kimlun Corp Bhd (March 10, RM2.

SELAYANG: S P Setia Bhd is looking to launch phase 2A of its 194-acre Setia Eco Templer township near Selayang, Selangor in 2Q2017.

DESPITE its subdued performance last year, the Klang Valley property market seems to be picking up momentum this year with encouraging take-up rates observed in the first two months, especially after the Chinese New Year, says Zerin Properties CEO Previndran Singhe.

           HAVE you ever wondered, for someone who can afford to dine on lobster caviar frittata as much as the average person chows down fried chicken wings, what kind of abodes would they indulge their earnings on? Most people may imagine vast mansions by the sea, but surprisingly, the most expensive property is located closer to the sky than the sea — perhaps a reflection of modern times.