News about sa

PETALING JAYA (June 3): The Petaling Jaya City Council (MBPJ), Selangor, will be taking action against defaulters who failed to pay their assessment tax amounting to RM2.

SHAH ALAM (June 3): Paramount Corp Bhd is on track to achieve its RM600 million property sales target within the next three years, capitalising on existing projects and RM2 billion worth of bids, its chief said.

KUALA LUMPUR (June 3): In a case of the authorities putting the cart before the horse, a developer is caught in a bind as it has been told to fulfil its obligations to build public facilities but has yet to be given the necessary approvals to do so.

KUALA LUMPUR (June 3): The Klang Valley will welcome four million sq ft of retail space in 2015, according to the “Savills Malaysia Retail Report Newsflash” June 1.

• Today, we look at the prices of projects in the Kerinchi, Pantai and Bangsar South areas on a per square foot (psf ) basis.

KUALA LUMPUR: The Employees Providend Fund’s wholly-owned property development arm Kwasa Land Sdn Bhd is calling for another round of pre-qualification of potential development partners for its 942.

KUALA LUMPUR (June 2): TA Global Bhd’s (TAG) wholly-owned unit Crystal Caliber Sdn Bhd (CCSB) has commenced arbitration proceedings against Saudi royalty-owned Kingdom Hotel Investments (KHI), following a dispute between the parties relating to the breach of the sale and purchase agreement (SPA) dated April 25, 2012, concerning a resort property in Thailand.

• The landscape in Kerinchi, Pantai and Bangsar South is quite diverse in terms of product offerings and prices.

KUALA LUMPUR (June 1): Selangor’s newly incorporated sovereign wealth fund, Darul Ehsan Investment Group Sdn Bhd (DEIG), will be developing five townships in Selangor with a total gross development value (GDV) of RM10 billion, according to a report in The Edge Financial Daily today.

•   This week, we take a look at the non-landed residential properties in Kuala Lumpur’s Bangsar South, Pantai and Kerinchi areas.