PETALING JAYA (Sept 15): Sunway Pyramid Hotel West in Bandar Sunway, Petaling Jaya, will have a brand new name, Sunway Clio Hotel, effective Oct 1 this year, according to Sunway Hotels & Resorts — the hospitality division of property-construction conglomerate Sunway Group.
PETALING JAYA (Sept 14): There has been a significant decrease in new project launches from 9,938 units in 2H2015 to 7,172 units in 1H2016 while sales have dipped from 52% in 2H2015 to 39% in 1H2016, said Real Estate and Housing Developers’ Association (Rehda) president Datuk Seri Fateh Iskandar Mohamed Mansor (pictured) in his presentation of the Rehda property industry survey 1H2016 to the media today.
RAM Rating Services does not expect the property sector to be significantly lifted by the move to allow eligible developers to apply for a moneylender's licence to provide loan facilities to house buyers KUALA LUMPUR (Sept 13): Malaysian homebuilders' accumulation of debts to finance their land purchases over the past few years have left little room for them to undertake the developer financing scheme sanctioned by the Ministry of Urban Wellbeing, Housing, and Local Government, said RAM Rating Services Bhd.
KLANG Valley’s non-landed residential properties located in established areas, at the fringes of Kuala Lumpur city centre and priced below RM400 psf are enjoying the highest appreciation in prices.
CRANES, scaffolding and tractors are a common sight around the Klang Valley.
KUALA LUMPUR (Aug 27): The Kuala Lumpur-Singapore High Speed Rail (HSR) link will not boost property prices if it is not well embedded, according to TheEdgeProperty.
KUALA LUMPUR (Aug 25): Paramount Corp Bhd is tying up with a Singapore firm to undertake a proposed hotel development in the former's integrated township, Paramount Utropolis at Glenmarie, Shah Alam.
Sold for: RM657,000 (RM884.
KUALA LUMPUR (Aug 18): Property developer and private education operator Paramount Corp Bhd, which announced a 70% increase in its latest quarterly earnings, is planning up to RM405 million new projects and additional phases of existing developments in the second half of the financial year ending Dec 31, 2016 (2HFY16).
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