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Sime Darby Property to launch RM586.84 mil Cantara Residences in Ara Damansara this month
PETALING JAYA (April 16): Sime Darby Property Bhd will launch its RM586.
S P Setia buys fourth piece of land in Melbourne for A$38m project
KUALA LUMPUR (April 14): S P Setia Bhd, the country's biggest-listed developer by sales, has acquired its fourth piece of land in Melbourne, Australia, which it intends to develop into a high-end residential project with a gross development value (GDV) of A$38 million.
WCT Holdings to launch first phase of OUG luxury condos in 2Q2016
PETALING JAYA (April 15): WCT Holdings Bhd is set to launch the first phase of luxury condominium development The Waltz Residences at Paradigm Garden City, Overseas Union Garden (OUG), Kuala Lumpur in 2Q2016, said WCT Holdings managing director Taing Kim Hwa.
MK Land may sell properties en bloc to minimise risks
MK Land Holdings Bhd (April 14, 37 sen) Maintain outperform with target price (TP) of 50 sen: MK Land Holdings Bhd’s unbilled sales are now at RM150 million from RM200 million previously.
Is it too late to invest in Australia?
SINCE the mid-2000s, Australia has seen low interest rates, an abundance of liquidity and strong population growth, underpinned by high levels of immigration.
DONE DEAL: 2-storey semi-detached house at Taman Desa, Kuala Lumpur
Sold for: RM2,150,000 Concluded by: Terence Yap of One Sunterra Properties Sdn Bhd (012-210 3557) When: December 2015 Noteworthy: • Freehold • Built up: 2,500 sq ft • Land size: 3,300 sq ft • 5 bedrooms and one utility room According to the agent, Terence Yap of One Sunterra Properties Sdn Bhd, the property is located along Jalan Desa Mesra, which happens to be a popular street in Taman Desa.
LRT Kelana Jaya Line extension on track to start operations end-June
PETALING JAYA (April 14): The construction of new LRT Kelana Jaya Line extension project (LEP) is currently progressing to the final stage, and the line is on track to begin operations at end-June this year, said infrastructure operator Prasarana Rail and Infrastructure Projects Sdn Bhd (Praise) CEO Datuk Zohari Sulaiman.
Regeneration zone shows greater property price growth
KUALA LUMPUR (April 14): A study by international property consultancy CBRE has shown that properties within and around regeneration zones experience a substantial growth in prices that outpaces properties within other local authorities in London.
Only World Group signs MoU to open luxury restaurant Grand Imperial at Komtar
SHAH ALAM (April 14): Only World Group Holdings Bhd (OWG) has signed a memorandum of understanding (MoU) with the owner of Grand Imperial Restaurant to operate the luxury Chinese cuisine restaurant and banquet hall services at Komtar Tower, Penang.
