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.
Mitrajaya tendering for RM2.7 bil worth of projects
Mitrajaya Holdings Bhd (April 13, RM1.
Cahya Mata to bid for one Pan Borneo Highway package
KUALA LUMPUR (April 13): Cahya Mata Sarawak Bhd (CMS) is bidding for one of the 10 packages for the Sarawak side of the Pan Borneo Highway mega project, said its group chief financial officer Syed Hizam Alsagoff.
MTUC urges employers to provide housing loan interest subsidy
PETALING JAYA (April 13): The Malaysian Trades Union Congress (MTUC) has called on private sector employers to provide a subsidy for the housing loan interest to assist workers in owning their own homes.
Close to nature at Augusta
PUTRAJAYA (April 13): Precinct 12 offers the perfect place for residents and visitors alike to enjoy healthy pursuits, such as jogging, cycling and the outdoors,” said Sabariah Ramli, general manager of marketing of Putrajaya Homes Sdn Bhd (PjHomes), which hosted the Superbike Stopover@Augusta on Saturday.
