DONE DEAL: Swiss Garden Residences, Jalan Galloway, KL
Rented for: RM3,000 per month (RM4 psf per month) Concluded by: Meifen Low (REN 06451) of Huttons OneWorld Realty (012-6530714) When: February 2018 Noteworthy: ● 750 sq ft ● High floor ● 2 bedrooms and 2 bathrooms ● Fully furnished ● Managed by Swiss Garden International Hotel ● Located in Kuala Lumpur’s Golden Triangle, within walking distance to Pavilion, Starhill Gallery and many other malls According to Meifen Low, the negotiator who closed the deal, the owner is an investor from East Malaysia who bought the unit many years ago.
S P Setia hit with second tax bill in 4 months
KUALA LUMPUR (March 29): Property developer S P Setia Bhd has been hit with a tax bill for the second time in less than four months by the Inland Revenue Board (IRB), albeit at a smaller one of RM32.
IOI Properties chairman raises stake as shares hit all-time low
KUALA LUMPUR (March 28): Tan Sri Lee Shin Cheng (pictured), the founder of IOI Group Bhd, has been mopping up shares in the group’s property arm on the open market, even as the stock hit an all-time low on Monday.
Strong influx of mega projects seen to contribute to Gamuda’s order book
Gamuda Bhd (March 26, RM5.
Pesona’s job flow momentum appears to be picking up
Pesona Metro Holdings Bhd (March 26, 37 sen) Maintain buy with a target price (TP) of 52 sen: Pesona Metro Holdings Bhd announced that it has been awarded a RM216.
Gamuda posts higher 2Q profit with stronger construction, property contributions
KUALA LUMPUR (March 24): Higher construction work progress and stronger overseas property sales boosted Gamuda Bhd's net profit in its second quarter of financial year 2018 (2QFY18), which grew 27% to RM211.
Pesona Metro bags RM216m contract to build affordable apartments
KUALA LUMPUR (March 24): Pesona Metro Holdings Bhd has secured a contract worth RM216.
Country Garden Malaysia hits 70% take-up rate for launches in 2017
JOHOR BAHRU: Despite the challenging real estate market, Country Garden Malaysia has managed to achieve a decent take-up rate of more than 70% for its new property launches in Malaysia last year.
