News about property

KUALA LUMPUR (June 10): RHB Retail Research said Axis REIT is set to reclaim its historical high after rebounding above the previous breakout level of RM1.

The man in the street thinks we now have a DIY SPA vide eSPA and there is no need for the services of lawyers in property purchases.

PETALING JAYA (June 8): Indonesia-based logistic firm J&T Express announced that it has acquired 30 acres of land in Bandar Rimbayu, Selangor for RM600 million.

With 580 sick projects against 2,552 launched projects, it also indicated that nearly 23% of house buyers’ fates were determined by those errant developers According to the government’s statistics, as of March 31, 2022, the number of “sick” private housing projects rose to 580, comprising 102,132 units, which affected a total of 51,000 house buyers compared to 365 sick projects comprising 48,826 units affecting a total of 26,145 buyers in March 31, 2020 (Table 1).

PETALING JAYA (June 3): The second phase of Penang-based developer Ideal Property Group’s Queens Waterfront called Queens Residences Q2 in Bayan Lepas has been completed ahead of schedule.

KUALA LUMPUR (June 3): Sunway Property Bhd has launched the Jernih Residence Property Gallery -- Jernih Residence being Sunway Property’s maiden project in Kajang.

PETALING JAYA (June 1): Sime Darby Property Bhd’s East 57 project in KL East has been fully taken up since its virtual launch last weekend.

PETALING JAYA (June 1): Sime Darby Property Bhd achieved a total of RM11 million in sales bookings during the Hari Raya open house weekend of May 21 and 22.

PETALING JAYA (May 31): Sunway XFarms is eyeing the launch of Kuala Lumpur City Centre's largest indoor vertical farm in the third quarter of 2022 (3Q22).

SHAH ALAM (May 31): Sime Darby Property Bhd’s 1.