Few local developers have exposure to Australia market
Property sector Maintain neutral: Recently, cooling measures have been announced in several states in Australia to curb speculation by foreign property buyers.
Property sector Maintain neutral: Recently, cooling measures have been announced in several states in Australia to curb speculation by foreign property buyers.
KUALA LUMPUR (June 15): Prasarana Malaysia Bhd will begin to award the first batch of work packages for the upcoming RM9 billion Light Rail Transit Line 3 (LRT3) in the next two to three months.
PETALING JAYA (June 13): LGB Properties (M) Sdn Bhd, a subsidiary of LGB Group, is planning a mixed-use development on a parcel in Virginia Park, Section 13 here that is currently occupied by British American Tobacco (M) Bhd’s (BAT) factory, said LGB Group director Lim Chin Sean.
• This week, the spotlight falls on the secondary market of non-landed residences in Tropicana and Sunway Damansara in Selangor.
KUALA LUMPUR (June 8): The High Court here yesterday allowed an application by the developer of the East Klang Valley Expressway (EKVE) project to be an intervenor in a lawsuit by three environmental organisations to challenge the Selangor Forestry Department’s decision to close Taman Rimba Ampang (Ampang Forest Park) to make way for the project.
THE RM9 billion worth of jobs to be awarded under the third light rail transit (LRT) line project by the end of the year has been one of the bigger catalysts in the pipeline for the construction industry.
KUALA LUMPUR (May 31): TA Global Bhd has once again deferred the launch of its Dutamas condominium development in Mont’Kiara here to the first quarter of next year (1Q17) from 4Q16, due to poor market conditions.
IF you have not RM1 million, nor RM5 million, but RM10 million to spend, what would you do? For one, you could consider getting a RM10 million ringgit home in what many would call the most exclusive residential addresses in the country.
Hua Yang Bhd (May 19, RM1.
PETALING JAYA (May 15): The five-day Mapex Property Showcase 2016 saw potential buyers at the fair securing bookings for homes worth RM36 million, said organising chairperson Carrie Fong.