Read also DONE DEAL: Serviced residence at The Binjai on the Park, Kuala Lumpur DONE DEAL: Condominium at Li Villas, Petaling Jaya, Selangor Developed by Indamont Development Sdn Bhd (a subsidiary of LBI Capital Bhd), Taipan Damansara 2 is strategically located in Ara Damansara, Petaling Jaya, Selangor.
The oversupply situation in the property market in Malaysia is reflected in the foreclosure market.
Rented for: RM10,420 (RM2.
PETALING JAYA (March 31): Property developer See Hoy Chan Sdn Bhd — which owns and manages offices, shopoffices and Starling Mall at its flagship Damansara Uptown — may plan to set up a real estate investment trust (REIT), reported The Edge weekly.
PETALING JAYA (March 3): Eco World Development Group Bhd (EcoWorld) has been handing over the shopoffices at Eco Boulevard, the business precinct of its Eco Botanic township in Johor, to owners since February.
PETALING JAYA (Jan 3): Listed electronic and industrial waste processor JAG Bhd has entered the property development business with its upcoming mixed-use development project worth RM155 million to RM170 million in Klang.
INVESTORS of shoplots and shopoffices enjoyed rental yields of more than 10%, and saw their capital values grow faster than other property types, before prices started increasing in 2009, says Savills (M) Sdn Bhd managing director Allan Soo (pictured, below).
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