News about ng

KUALA LUMPUR (March 14): I-Bhd unveiled its high-end 8 Kia Peng residences – its first project outside its flagship 72-acre i-City “ultrapolis” development in Shah Alam – in the city centre, which has a gross development value (GDV) of RM1 billion.

PETALING JAYA (March 14): Ikano Pte Ltd – which owns the IKEA franchise in Malaysia – will open its first store in Batu Kawan on Penang’s mainland in 3Q2018.

KUALA LUMPUR (March 14): Property developers are expected to see more unsold residential units in 2016, as launches over the past two years are expected to come on stream, amid a slowdown in demand.

FENG SHUI consultants are often bombarded with questions about whether a person’s house is facing a favourable direction or where they should place their aquarium or which direction should their bed face? All these are valid feng shui questions.

•    This week, the spotlight falls on the secondary market of non-landed residences within the highly popular neighbourhood of Bangsar.

EVEN though many of the American Gen-Y considered owning a house as one of their ultimate life goals, many of them do not enjoy being a homeowner, a recent survey on American Gen-Y homeowners showed.

KUALA LUMPUR (March 12): Despite concerns about oversupply of retail space in urban areas -- with many shopping mall projects nearing completion -- retail consultant Tan Joon Kai (pictured) sees great prospect for suburban shopping malls in maturing neighbourhoods in the Klang Valley.

KUALA LUMPUR (March 11): Iconsiam Superlux Residence Corp Ltd (Iconsiam Superlux) unveiled the first Mandarin Oriental branded residence in Bangkok – a 52-storey tower that sits on 1.

PETALING JAYA (March 11): Close to a third of 159 respondents to the Real Estate Housing Developers Association (Rehda) Property Industry Survey 2H2015 agree that the main issue with affordable housing is the increased overall cost of doing business.

PETALING JAYA (March 11): Best Western Plus Kuching – international hotel operator Best Western Hotels & Resorts’ first foray into Sarawak’s capital – is expected to open in 2018, it said in a press release today.