PHB looking at new asset class?
REAL estate investment firm Pelaburan Hartanah Bhd (PHB) seems to have had a busy 2015.
REAL estate investment firm Pelaburan Hartanah Bhd (PHB) seems to have had a busy 2015.
• Today, we look at price growth and indicative rental yields for non-landed homes in Cheras, Kuala Lumpur.
PETALING JAYA (May 11): Japanese property developer Tokyu Land and property investment company NTT Urban Development Corp will launch the Branz Tower Wellith Shinsaibashi South project in Tokyo this weekend in Malaysia, said JLL Property Services (Malaysia) Sdn Bhd head of international residential property services Jazmine Goh.
KUALA LUMPUR (May 11): Malaysia and Singapore were the sixth most preferred property investment countries for China investors in 2015, ahead of Japan (seventh) and Hong Kong (eighth), according to Australian property investment portal Investorist.
KUALA LUMPUR (May 11): Malaysia Building Society Bhd (MBSB)’s net profit for the first quarter ended March 31, 2016 (1QFY16) slumped by 71.
AFTER spending the most of the last seven years jetting back and forth between Vancouver, Canada, and Kuala Lumpur, the 36-year-old new CEO of TA Global Bhd, Tiah Joo Kim (pictured) — the third child and eldest son of chairman Datuk Tony Tiah and his wife Datin Tan Kuay Fong — says he is now back in town to “crack the whip” and get the group’s property projects moving.
• Today, we continue our focus on Cheras in Kuala Lumpur by looking at average prices on a per square foot (psf) basis.
KUALA LUMPUR (May 10): Enra Group Bhd [formerly Perduren (M) Bhd] said it has mutually agreed to terminate a share sale agreement (SSA) with Meridian Hectares Sdn Bhd to dispose of a 30% stake in property developer Landmark Zone Sdn Bhd to the latter for RM13.
PETALING JAYA (May 10): Hua Yang Bhd has launched the second phase of its residential development Ridgewood in Bercham, Perak, which comprises 3-storey cluster semi-detached homes, three-storey linked bungalows and three-storey bungalows, the company said in a press release today.
Concept Le Creuset’s rainbow-coloured shop at the lower-ground level of Mid Valley Megamall is not easy to miss, even when the mall is bustling with people.