Construction sector Maintain overweight: Last Friday, a day after the official launch of phase 1 of the mass rapid transit (MRT) Sungai Buloh-Kajang (SBK) line, we hosted a group tour for 10 domestic fund managers to experience the country’s first MRT system.
GEORGE TOWN (Dec 23): The Penang government has refuted a federal minister’s claims that the state has failed to comply with the law in preparation of relevant environmental impact studies for the RM46 billion Penang Transport Master Plan (PTMP), saying such claims were “premature” as the reports have yet to even be submitted to Putrajaya.
KUALA LUMPUR (Dec 23): Boustead Plantations Bhd, which is selling five adjoining plots of freehold land in Penang for RM620.
Sold for: RM975,000 (RM920 psf) Concluded by: Ann Soh (REN 03232) of One Sunterra Properties (018-369 8650) When: June 2016 Noteworthy: ● Freehold ● Built-up: 1,060 sq ft ● Completed in 2009 ● Developed by Sunrise Bhd (now UEM Sunrise) ● 2 bedrooms, 2 bathrooms ● Located above a mall According to the agent, Ann Soh of One Sunterra Properties, the unit is located on the 16th floor of Publika, a shopping mall favoured by expats.
KUALA LUMPUR (Dec 22): S P Setia Bhd is acquiring five parcels of land measuring a total of 677.
PETALING JAYA (Dec 22): House prices in China’s top tier cities have recorded an average annual growth of 31.
KUALA LUMPUR (Dec 22): Malaysia Building Society Bhd (MBSB) rose 2.
KUALA LUMPUR (Dec 21): Mitrajaya Holdings Bhd has bagged a RM159.
KUALA LUMPUR (Dec 21): Bank Negara Malaysia (BNM) has no objection in principle to Malaysia Building Society Bhd's (MBSB) commencing talks with Asian Finance Bank (AFB) on a potential merger and acquisition (M&A) deal.
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