Seri Pajam’s Nusa 15 enjoys 60% take-up rate
PETALING JAYA (April 7): Seri Pajam Development Sdn Bhd’s Nusa 15 1-storey terraced houses have been 60% taken up within a few days of their launch, said director Tey Soo Leng.
Desa Kudalari land has drawn interest from local and foreign buyers
KUALA LUMPUR (April 6): Property consultancy CH Williams Talhar and Wong Sdn Bhd (WTW) has received a number of enquiries from local and foreign buyers – including investment funds and developers – to bid for the 7.
IGB REIT’s fall seen as knee-jerk reaction
KUALA LUMPUR (April 6): IGB Real Estate Investment Trust (IGB REIT) closed in negative territory yesterday on a knee-jerk reaction from investors to news that one of its properties here was involved explosions.
Kota Kinabalu coping with rapid development
API, among the many names of Sabah’s capital city, Kota Kinabalu, was perhaps the most prescient one when the coastal town served as one of the important trading posts of the British crown.
LBS Bina back on investors’ radar screen
WHILE the local property sector continues to be gloomy, LBS Bina Group Bhd’s shares are climbing steadily.
PROPERTY SNAPSHOT 3: What are developments priced in Sentul?
• Today, we continue our focus on Sentul by looking at average prices on a per square foot (psf) basis.
PM Najib says government to build 5,000 affordable homes in Sarawak
KUALA LUMPUR (April 5): Prime Minister Datuk Seri Najib Tun Razak (pictured) said the Government would build another 5,000 affordable houses in Miri and Kuching, Sarawak, to ensure more people could own comfortable and safe residential units.
PROPERTY SNAPSHOT 2: What’s affordable in Sentul?
• While the Sentul Masterplan urban renewal continues, the rest of the neighbourhood remains a low to mid-end market, comprising primarily dated apartments and condominiums.
Desa Kudalari condominium may make history again with Malaysia’s first en-masse sale
PETALING JAYA (April 4): Tan & Tan Developments Bhd’s Desa Kudalari condominium – Malaysia’s first condominium when it was completed over 30 years ago – may break new ground once more as it is likely to become the country’s first strata property to be sold on an en-masse basis.
UEM Group, MMC Corp seen among Pan Borneo highway contenders
KUALA LUMPUR (April 4): AmInvestment Bank said it does not preclude the possibility of seeing Peninsular-based contractors being invited to set up joint ventures (JVs) to bid for jobs, after The Edge Weekly reported that UEM Group Bhd, MMC Corp Bhd and Warisan Tarang Construction Sdn Bhd are teaming up for the Sabah portion of the Pan Borneo Highway.
