PROPERTY SNAPSHOT 1: Bangsar average price unchanged
• This week, the spotlight falls on the secondary market of non-landed residences within the highly popular neighbourhood of Bangsar.
• This week, the spotlight falls on the secondary market of non-landed residences within the highly popular neighbourhood of Bangsar.
PETALING JAYA (March 11): Best Western Plus Kuching – international hotel operator Best Western Hotels & Resorts’ first foray into Sarawak’s capital – is expected to open in 2018, it said in a press release today.
PETALING JAYA (March 11): The Malaysian Institute of Real Estate Agents (MIEA) is targeting for 22,000 registered real estate negotiators (RENs) to be under the institute by this year-end, said MIEA deputy president Eric Lim.
Construction sector Maintain “overweight”: The Edge weekly reported that IJM Corp Bhd, Sunway Construction Group Bhd (SunCon) and Gadang Holdings Bhd are among the leading contenders for major work packages under the mass rapid transit (MRT) 2 line.
SUBANG JAYA (Feb 26): Titijaya Land Bhd will be unveiling the last block of its H2O Residences at Ara Damansara in Petaling Jaya early next month, according to the company’s executive director Charmaine Lim (pictured, below).
FOR Dave Soh (pictured), senior negotiator at MIP Properties, selling properties is just one part of his job scope as he believes there is more to the profession.
Rented for: RM4,695 per month or RM5 psf (including 6% GST) Concluded by: Jaimie Lee of Property Hub Sdn Bhd (012-281 9182) When: December 2015 Noteworthy: * Built-up: 939 sq ft * The only unit with this built-up on the entire floor * High floor, facing east overlooking the Pantai area * Partly furnished with air-conditioning units, flooring and pantry * MSC-status-certified office building The Vertical comprises two office buildings and the above mentioned unit is located in The Vertical II Office Suites, also known as Tower B.
KUALA LUMPUR (Feb 25): Selangor Properties Bhd (Selangor Prop) expects the group's earnings growth to remain flat in its current financial year ending Oct 31, 2016 (FY16), as the group, which has not launched new products for some years — though it has a luxury condominium planned this year — continues to rely on its property investments as its major income stream for now.
KUALA LUMPUR (Feb 23): The construction of Phase 2 of the Duta-Ulu Klang Expressway (Duke 2) remains within the cost of RM1.
PETALING JAYA (Feb 22): The Selangor government plans to hold a meeting with stakeholders to discuss the Damansara-Shah Alam Highway (DASH) project and finalise the highway realignment by March.