Oriental Interest buys RM36m plot in Kedah to expand landbank
KUALA LUMPUR (Aug 16): Oriental Interest Bhd is buying a parcel of agricultural land in Bandar Kulim, Kedah, from MBAS Jaya Sdn Bhd for RM36.
1MDB still owns Air Itam land, says Penang CM
PETALING JAYA (Aug 9): 1Malaysia Development Bhd (1MDB) is still the registered owner of 234 acres of land in Air Itam, Penang, even after it was sold to another company as the transfer of ownership is incomplete, reported the Malay Mail.
PEPS: KPKT’s measures good, but execution is key
PETALING JAYA (July 25): While the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) president Foo Gee Jen believed the drafting a commercial development act and streamlining housing data by introducing a data input system are laudable, his concerns lie in their enforcement and execution.
KPKT to draft commercial development act
KUALA LUMPUR (July 25): The Ministry of Housing and Local Government (KPKT) national housing department director-general Jayaselan Navaratnam said the ministry is planning to draft a commercial development act as it realises the need to standardise the particular segment.
Felcra second generation protests against housing developer for price increase
KUALA LUMPUR (July 23): About 300 buyers of the Felcra Cangkat Lada Second Generation Housing (Phase 2) in Seberang Perak, Pasir Salak held a peaceful protest when they were offered higher price compared with the original price given at the launch of the project two years ago.
More pain ahead for corporate sector
PETALING JAYA: The market may have begun to show signs of improvement following the Malaysian General Elections, but it is still too early to cheer.
热盘行情：Shah Alam Kota Kemuning的Gamuda Business Suites办公室
成交价：RM683,000（每平方尺RM590） 交易推手：来自Ping Properties的Eric Mok（PEA 1617，012-388 0356） 成交月份：2018年2月 卖点： ● 建筑面积： 1,157平方尺 ● 已有租户 ● 附送所有办公室家具 ● 六楼单位 ● 在2015年竣工的崭新单位 根据Ping Properties的见习房产经纪Eric Mok表示，这个办公室单位以低于市价的价格售出。 据他指出，Gamuda Business Suites的平均售价，介于每平方尺RM650至RM700，而这个单位则在每平方尺RM588售出，相等于低于市价约10.
Arifin Awang resigns as Ivory Properties executive director
KUALA LUMPUR (July 12): Datuk Arifin Haji Awang has resigned as an executive director of Penang-based Ivory Properties Group Bhd, due to a health issue.
DONE DEAL: Gamuda Business Suites office, Kota Kemuning, Shah Alam
Sold for: RM683,000 (RM590 psf) Concluded by: Eric Mok of Ping Properties 012-388 0356 (PEA 1617) When: February 2018 Noteworthy: ● Built-up: 1,157sq ft ● Sold with tenancy ● Fully furnished as an office ● Sixth floor unit ● Completed in 2015 According to Ping Properties probationary estate agent Eric Mok, who concluded the deal, the office was sold at below market value.
