News about ng

SEREMBAN (Jan 21): The Perumahan Rakyat 1Malaysia (PR1MA) housing project will begin soon at Seremban Sentral.

KUALA LUMPUR (Jan 21): Klang Valley office rental growth is expected to be under pressured owing to the new supply of 10 million sq ft coming on stream over the next two years, according to Knight Frank Malaysia Sdn Bhd managing director Sarkunan Subramaniam (pictured).

KUALA LUMPUR (Jan 21): Prasarana Malaysia Bhd has assured residents it will take steps to minimise any discomfort and inconvenience when it runs comprehensive tests on its six-car trains on a new stretch of the extended Ampang LRT line beginning tomorrow.

  Here are the price growth trends and indicative asking rental yields for non-landed residences in Southwest Penang.

KUALA LUMPUR (Jan 20): The current property market slowdown will be positive in the long-term as it is reining in the rapid price increases, cooling the market and reducing speculation, said Henry Butcher (M) Sdn Bhd COO Tang Chee Meng (pictured, right).

KUALA LUMPUR (Jan 20): Property prices are expected to consolidate further to the House Price Index (HPI) 15-year, long-term average of 5.

KUALA LUMPUR (Jan 20): Housing non-performing loans (NPLs) are expected to increase this year, although it won’t be at the level seen during the financial crisis in the late-1990s, according to VPC Alliance (Malaysia) Sdn Bhd managing director James Wong (pictured).

KUALA LUMPUR (Jan 20): The Kuala Lumpur High Court today granted leave for a judicial review application filed by the lot owners of the Ampang Park Shopping Centre (pictured) against Putrajaya.

KUALA LUMPUR (Jan 20): Yong Tai Bhd has aborted plans to develop a luxury serviced apartment project in Jalan U-Thant here, which carries a gross development value of RM168 million, via a joint venture (JV).

  Here are the average prices of non-landed residential property in Southwest Penang on a per square foot (psf) basis.