PETALING JAYA (July 27): Gamuda Land’s the Luxura 2- and 3-storey link villas at its twentyfive.7 development in Kota Kemuning, Selangor have received good response. twentyfive.7 is a 257-acre township development. It launched the first 100 units of the villas which make up the final phase of landed homes in the township last month and has garnered an...
Read morePETALING JAYA (July 27): Using information from the National Property Information Centre (Napic) and Bank Negara Malaysia, The Edge Malaysiareported in its latest issue that home prices in Kuala Lumpur have contracted for three consecutive quarters year on year. The publication said that for “the third quarter of 2018, house prices fell 1.8%, and in the...
Read moreDevelopers sold about 2,500 new private residential units in 2Q2019, up by 30% q-o-q. This occurred on the back of fewer new units launched for sale compared to 1Q2019, according to a Huttons Asia report. On average, about 613 new units were sold each month in 1Q2019, against 836 units per month in 2Q2019. “Buying...
Read moreTHE West Coast Expressway (WCE) is a tolled development highway from Banting, Selangor to Taiping, Perak and land along the 233km road can potentially be used for townships. The WCE is also expected to stimulate tourism, industrial and commercial activities in Perak, Penang and Selangor due to the enhanced connectivity provided by the WCE between...
Read moreMRCB Land Sdn Bhd’s 9 Seputeh project in Jalan Klang Lama won the “Best Mixed Use Development” title at the recent PropertyGuru Asia Property Awards (Malaysia), beating some of the country’s top developments, including Four Seasons Place Kuala Lumpur. Four Seasons Place by Venus Assets Sdn Bhd won the “Best Ultra Luxury Condo/Apartment Development” award....
Read moreONCE an estate, Bukit Jalil has turned into one of the most sought-after neighbourhoods thanks to catalytic developments, such as the National Sports Complex (NSC) and the 18-hole Bukit Jalil Golf & Country Resort. A suburb of Kuala Lumpur, development activities in the area started in 1992. The NSC, the largest sporting venue in Malaysia,...
Read more[Edited to clarify that the owners of Lakepoint Condominium hold the 99-year leasehold. But JTC as landlord owns the 999-year leasehold site. – July 23, 8 pm] Lakepoint Condominium in Jurong West has been launched for collective sale, announced marketing agencies Strata AMC and SLP International Property Consultants. The asking price will be disclosed only...
Read moreKUALA LUMPUR: Mah Sing Group Bhd (Mah Sing) has acquired 5.47acres of prime land in Mukim Batu, Taman Metropolitan, Kepong pushing the developer’s prime landbank to 2,104 acres. Its managing director Tan Sri Leong Hoy Kum said, “This is our second land acquisition for 2019, and this deal reflects Mah Sing’s ability to acquire reasonably...
Read moreSINGAPORE – The iconic Eu Yan Sang Building in Chinatown has been launched for sale with a guide price of $62.5 million, the property’s exclusive marketing agent JLL said on Monday (July 22). Built in 1910, it housed the first traditional Chinese medicine Eu Yan Sang outlet in Singapore set up by its founder Eu...
Read moreThe site of Menara Hap Seng 3 was previously occupied by our Hap Seng Group’s first built-to-suit Hap Seng Star Mercedes-Benz Showroom in West Malaysia, which has become a landmark building at the intersection of Jalan Sultan Ismail and Jalan P.Ramlee. It has also crafted a strong branding to Hap Seng Group as a whole...
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