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UEM Sunrise to launch new project in Kepong by year-end

UEM Sunrise to launch new project in Kepong by year-end

KUALA LUMPUR, June 21 (Bernama) — Property developer UEM Sunrise aims to launch their biggest project this year, located in Kepong, by year-end. UEM Sunrise chief marketing officer Kenny Wong said the mixed development project would comprise high-rise condominiums, retail and commercial properties with a gross development value of RM680 million to RM690 million. “It is going to happen by the...

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Berkeley Uptown set to transform Klang

Berkeley Uptown set to transform Klang

IN 1965, See Hoy Chan Group, founded by the late Datuk Teo Hang Sam, launched its flagship housing project in Klang, called Berkeley Garden. Berkeley Garden was successful but it was the only project that See Hoy Chan developed in Klang as the group was focusing on developments in Petaling Jaya. See Hoy Chan is...

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Strategic location to boost i-City value

Strategic location to boost i-City value

SHAH Alam, being Selangor’s ‘golden triangle’, offers big opportunities for companies and businesses to grow. For I-Berhad, the company could go beyond the current RM10 billion gross development value (GDV) footprint for its i-City development in Seksyen 17, said executive chairman Tan Sri Lim Kim Hong. Lim said the value of I-Berhad’s investment properties would...

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Funan achieves 95% retail leasing ahead of opening

Funan achieves 95% retail leasing ahead of opening

Ahead of its opening on June 28, Funan has achieved 95% committed occupancy for its retail component, bringing its total number of brands to more than 190. More than 60% of its brands originate from Singapore. Newly signed tenants include Taobao’s new concept shop in Singapore which provides shoppers with an integrated online and offline...

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The next property trend: Building for wellness

The next property trend: Building for wellness

KUALA LUMPUR (June 26): The next building and property development trend will be to build for wellness of its inhabitants, said immediate past president of Pertubuhan Akitek Malaysia (PAM) Ezumi Harzani and chairman of the Green Building Index Sdn Bhd. In his presentation entitled “Designing for ‘Wellness’: Fact versus Fallacies” at the EdgeProp.my Talk on...

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Melawati, an unpolished gem

Melawati, an unpolished gem

Most affluent townships are birthed from humble beginnings, and we in the present are witnessing the tell-tale signs trudging out of Melawati, marking it as an area of potential. A mature, quiet, neighbourhood, the leafy suburb of Melawati boasts fresh air in abundance, and established amenities. It straddles a sweet point between the capital and...

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Unit at 8 Napier incurs $969,000 loss

Unit at 8 Napier incurs $969,000 loss

The greatest loss incurred over the week in review was from the resale of a 2,013 sq ft, three-bedroom unit at 8 Napier in District 10. Having sold the property for $6.29 million ($3,124 psf) on June 10, the seller sustained a 13% loss of $969,000. The unit was purchased in December 2007 for $7.26...

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Malton selling 49pc stake in Pavilion Bukit Jalil mall

Malton selling 49pc stake in Pavilion Bukit Jalil mall

MALTON Bhd is disposing of a 49 per cent stake in Pavilion Bukit Jalil Mall to alleviate its financial burden in completing the Bukit Jalil City integrated lifestyle development. Pavilion Bukit Jalil, one of the largest regional shopping malls in the country, is part of the 20.23ha development that comprise Signature Shop Offices, The Park...

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PCSB-MGB Signs pact with Must Ehsan Development for ‘Rumah Idaman’

PCSB-MGB Signs pact with Must Ehsan Development for ‘Rumah Idaman’

SHAH ALAM: The Selangor State Government’s agreement to affordable homeownership was made complete with the signing of the Development Right Agreement between PCSB-MGB Consortium, consisting of PNSB Construction Sdn Bhd and MGB Bhd with Must Ehsan Development Sdn Bhd, which is a joint venture between a totally owned subsidiary of Encorp Bhd and Perbadanan Kemajuan Negeri...

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