SunREIT sees resilient earnings from retail malls
THE current slowdown in the property market cycle may not be all doom and gloom, at least for Sunway Real Estate Investment Trust (SunREIT).
Johor’s financial help for affordable housing inadequate, says rep
JOHOR BAHRU (Dec 1): The state’s RM3 million budget to help Johoreans buy their own homes is underfunded, Opposition assemblyman Ee Chin Li (DAP-Tangkak) has said in response to Housing and Local Government chairman Abd Latiff Bandi’s winding up speech on the Supply Enactment 2016 at the State Assembly session on Sunday.
Damansara Realty gets RM467.3m PPA1M project in Putrajaya
KUALA LUMPUR (Nov 30): Damansara Realty Bhd has secured the contract for the proposed development of Perumahan Penjawat Awam 1Malaysia (PPA1M) and the commercial part of a mixed development at Presint 5, Putrajaya, which carries a total estimated gross development cost of RM467.
Stephen Yew, from bank manager to real estate negotiator
"WHY I gave up the position of a bank manager to become a real estate negotiator?” asks Stephen Yew (pictured), amused by the question posed to him.
Sandy Wong finds her calling in project marketing
SANDY WONG, the team leader at MPG Property Solution specialises in selling property developers’ projects in Johor Bahru and Klang Valley.
DONE DEAL: Unit at The Z Residence condominium, Bukit Jalil, Kuala Lumpur
Sold for: RM670,000 or RM541 psf Concluded by: K Y Kwek of Hartamas Real Estate (OUG) (019-659 2782) When: September, 2015 Noteworthy * Freehold * Built-up area: 1,238 sq ft * 3 bedrooms and 2 bathrooms * North facing * Infinity swimming pool * Two-tier 24-hour security * Sky lounge * Sauna * Playground * Floating garden The Z Residence is located at Jalan Jalil Perwira 2, Bukit Jalil.
Matrix’s outlook positive on strong demand for affordable housing
Matrix Concepts Holdings Bhd (Nov 18, RM2.
Young Malaysian graduates rushing to buy homes out of fear, says Khazanah Research Institute director
Petaling Jaya (Nov 16): Fresh graduates feel compelled to buy property quickly because they fear prices will soon outpace the growth of their income, said Khazanah Research Institute director of research Dr Suraya Ismail.
Edu@Iskandar, like Rome, won’t be built in a day
IS Education@Iskandar, otherwise known as EduCity, living up to its promise? It started with a bang in 2012 when the first buildings were completed and a few of the educational institutions opened their doors to students.
Penang property market to be resilient on sustained demand
PETALING JAYA (Nov 13): Penang’s property market is expected to stay resilient on the back of sustained demand, especially from Penangites working abroad planning to return and prospective retirees eyeing homes in the state.
