PROPERTY SNAPSHOT 4: What’s hot in Setapak?
• Today, we look at price growth and indicative asking rental yields for non-landed homes in Setapak, Kuala Lumpur.
Have prices of high-end homes bottomed in S’pore?
ON April 1, URA released its flash estimate of the private residential price index for 1Q2016.
ILB to sell warehousing units for HK$137.3m
KUALA LUMPUR (April 20): Integrated Logistics Bhd (ILB) is selling two of its Hong Kong-based warehousing outfits for HK$137.
More contract wins in the pipeline for Suncon
Sunway Construction Group Bhd (April 19, RM1.
Mah Sing wins suit in RM359.5m land dispute
KUALA LUMPUR (April 20): Mah Sing Group Bhd has succeeded in the High Court to strike out the claims by seven persons that the RM359.
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Significant Magna Prima stake up for sale?
THE controlling shareholders of property developer Magna Prima Bhd are understood to be looking to hive off a large stake of about 30% in the company, sources say.
Latitud 8 at Jalan Ampang to be unveiled by year-end
KUALA LUMPUR (April 19): Crest Builder Holdings Bhd has enterd into a joint venture (JV) with Prasarana Malaysia Bhd and Detik Utuh Sdn Bhd to develop Latitud 8, a mixed-commercial development which has a total gross development value (GDV) of RM1.
Penang projects all follow planning guidelines, says PR1MA
KUALA LUMPUR (April 19): Perbadanan PR1MA Malaysia said all its Penang project plans are priced at an average of 20% below market prices in surrounding areas and in line with the state’s planning guidelines.
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Napic: Overall property market slowed down in 2015
PUTRAJAYA (April 19): The overall property market slowed down marginally in 2015 from a year ago – with volume down by 5.
