News about sa

KUALA LUMPUR (March 25): Selangor Properties Bhd started off its current financial year ending Oct 31, 2016 (FY16) on the wrong foot, reporting a net loss of RM16.

KUALA LUMPUR (March 24): Property developer Glomac Bhd said it plans to roll out RM627 million new launches in the second half of the financial year ending April 30, 2016 (2HFY16), where four out of the five planned projects are in the affordable landed residential segment.

•    Today, we look at price growth and indicative asking rental yields for non-landed residences in the district of Kerinchi/Pantai.

PETALING JAYA (March 23): Binastra Land Sdn Bhd, a wholly-owned subsidiary of Binastra Group, is in talks with AccorHotels Group to bring in a new hotel brand to its upcoming mixed development ION at Jalan Sungai Besi, said Binastra Land executive director Datuk Ong Theng Soon.

•    Today, we continue our focus on Kerinchi/Pantai by looking at average prices on a per square foot (psf) basis.

STARTING out as a civil structure contractor, Singapore-based Beverly Group Sdn Bhd — a subsidiary of Singapore-registered Qingdao Investments Pte Ltd — became a property developer when its founder and CEO Lim Seak Koon decided to experience property development “from the other side”.

•    Unlike its more established neighbours of Bangsar and Mid Valley, the Kerinchi/Pantai areas have yet to be fully gentrified.

PETALING JAYA (March 21): TH Properties Group will launch Sutera, the first phase of its 103.

•     This week, the spotlight falls on the secondary market of non-landed residences in Kuala Lumpur’s Bangsar South, Pantai and Kerinchi areas.

KUALA LUMPUR (March 19): BRDB Developments Sdn Bhd plans to launch RM2 billion worth of projects this year – namely in TamanSari in Rawang, Selangor, the Defense Raya Golf and Country Club (DRGCC) in Lahore, Pakistan, and Gateway Wollongong in New South Wales, Australia.