A freehold, 5,533 sq ft penthouse at Gramercy Park in prime District 10 fetched the highest sale price of S$17 million (RM53 million), or S$3,073 psf, for the period between July 4 and 11, according to a caveat lodged with URA on July 10.
KUALA LUMPUR (July 26): LBS Bina Group Bhd is buying eight acres of leasehold land in Seri Kembangan, Selangor, for RM63 million for a mixed development project.
KUALA LUMPUR (July 26): Dalian Wanda Group has abandoned its bid for the Bandar Malaysia project just three months after being considered a front runner, the South China Morning Post reported yesterday.
Axis Real Estate Investment Trust (July 25, RM1.
KUALA LUMPUR (July 26): The government is looking into establishing a single authority to monitor Malaysia’s property market, amid issues of supply and demand mismatch within the affordable housing segment.
THERE are 14 HDB flats listed as mortgagee sales in the private treaty lists of the five property auction houses as at the month of July.
SINGAPORE (July 25): Frasers Property Australia says it is developing over A$190 million (RM645 million) worth of new assets in terms of end-asset value in The Key Industrial Park and West Park Industrial Estate in Melbourne’s Keysborough district and Truganina city, respectively.
ONLY a handful of about 200 attendees at the recent Real Estate Developers’ Association of Singapore (Redas) property market update seminar on July 7 spent at least S$200 (RM630) in a Singapore shopping mall in recent months, according to a straw poll conducted by Knight Frank Singapore’s Wendy Low, executive director of retail, and Alice Tan, head of consultancy and research.
KUALA LUMPUR (July 24): Prime Minister Datuk Seri Najib Tun Razak said the Malaysian Government did not compromise on transparency, good governance and integrity in the Sungai Buloh-Kajang mass rapid transit (MRT) project to ensure taxpayers' money were used in an appropriate manner.
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