tag:blogger.com,1999:blog-50303018011749205402011-12-14T21:04:45.039+08:00Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.comBlogger4491100tag:blogger.com,1999:blog-5030301801174920540.post-74442071051970262852011-11-12T12:09:00.001+08:002011-11-12T12:11:53.362+08:00

LAST Monday, Franklin Street in Melbourne was abuzz as kompang players and lion dancers readied themselves at the entrance to SP Setia Bhd’s new sales gallery.Malaysia’s biggest property developer launched its Fulton Lane property that morning, which is presently just an empty parking lot across the street, but by 2014 will be home to two high-rise apartments.If the turnout was any indication,

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-31101416828630972022011-11-12T12:05:00.003+08:002011-11-12T12:08:42.594+08:00

Fraser & Neave Holdings Bhd (F&N) and its subsidiary, Vacaron Company Sdn Bhd (VCSB), will team up with with FCL Centrepoint Pte Ltd (FCLC) from Singapore to develop two parcels of leasehold land in Section 13, Petaling Jaya.AmInvestment Bank Bhd told Bursa Malaysia yesterday that pursuant to the shareholders agreement, F&N and FCLC would each have 50% equity in VCSB to develop the land which is

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-42936599991696872912011-11-12T12:01:00.001+08:002011-11-12T12:03:30.400+08:00

When I travel to different countries, I often ponder what makes some cities so appealing. What are the qualities that distant themselves from others and make them world-class cities?When we mention London, New York, Melbourne, Tokyo and Vancouver, different people may relate different images to these cities. But one thing in common is the acknowledgment of their world-class standard, a

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-55396874427339556102011-11-12T11:56:00.002+08:002011-11-12T11:59:47.737+08:00

The heavy traffic leading into Kuala Lumpur in the morning and out of the city in the evening may be acommon sight, but there are a number of lessons that can be learned from it.I'm sure many of us would ask why people who work in the city can't just stay in the city as then there would not be such a massive flow of traffic.This daily occurrence on roads leading into the city and those within the

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-63110846286306652302011-11-12T11:49:00.003+08:002011-11-12T11:55:11.583+08:00

Concerns rising over the possibility of an oversupply of office and retail spaceAs a new line of mixed large-scale property developments go on stream to spur economic growth, market observers and those involved in the property sector are cautious. Their main concern: an oversupply of officespace.Reports and data coming from think tanks suggest there are concerns about the situation, despite some

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-469141985914313182011-11-12T11:39:00.003+08:002011-11-12T11:47:56.878+08:00

Dijaya Corp Bhd and Ivory Properties Group Bhd will jointly develop a land in Penang that could generate RM10 billion in gross development value.The project in Bayan Mutiara, Penang, will be undertaken by a joint-venture company called Tropicana Ivory Sdn Bhd (TISB).Dijaya will hold 49 per cent of TISB, while Ivory Properties will have the remaining 51 per cent.The development covers 41ha of land

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-63680845480554396322011-11-11T09:46:00.001+08:002011-11-11T09:48:39.209+08:00

Sime Darby Bhd, which bought a 30 per cent stake in Eastern & Oriental Bhd (E&O), will unveil its potential collaboration with the property developer on November 25.Sime president and group chief executive Datuk Mohd Bakke Salleh said more details would be known on that day, which is also the day that Sime will announce its first quarter results ended September."We will announce the E&O

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-84635088192631543922011-11-11T09:43:00.001+08:002011-11-11T09:49:44.998+08:00

Melati Ehsan Holdings Bhd will design and build medium-cost flats in the vicinity of Sentul, after clinching a RM297mil contract from the Government.In unveiling the location of the project, a source revealed that the company would embark on the project on two separate parcels of land in the area, which would ultimately see more residences being supplied to cater to the growing demand in Kuala

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-30141246194805633292011-11-07T10:15:00.004+08:002011-11-07T10:27:15.744+08:00

Demand for luxury residential properties is expected to turn cautious, given greater economic uncertainties and a tightening of credit by banks, DTZ Research said in its latest Property Times market report.In the report for Kuala Lumpur for the third quarter, the research house said there would be an increasing downside risk on prices at the higher end of the market if the conditions got worse

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-30341718307956399542011-10-29T10:10:00.001+08:002011-10-29T10:12:13.213+08:00

Jaya One, one of several developments in Petaling Jaya's Section 13, will be increasing its footprint with a new phase of commercial development to complement the current five commercial office buildings located at the junction of Jalan 13/6 and Jalan Universiti.Construction of the new phase has already started and will comprise 400 retail, residential and office units on an additional four acres

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-72433081302049478832011-10-29T10:04:00.002+08:002011-10-29T10:14:04.934+08:00

Mah Sing Group has garnered RM412mil sales from its garden-themed mixed development, M City Jalan Ampang which is located less than 5km from KLCC.First previewed in June this year, all 401 units of designer SoHo (small office, home office) suites worth RM295mil have been taken up.Response to the 24 retail units worth RM117mil launched a few weeks ago has also been overwhelming, with the 15 units

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-56523872721880226132011-10-18T09:32:00.003+08:002011-10-18T09:42:17.187+08:00

Mah Sing Group Bhd will focus on lower-priced and smaller units of serviced apartments in the next two years to cater to demand of the young population.Managing director/chief executive Tan Sri Leong Hoy Kum said the property developer would also offer lower-priced strata landed units.“We are targeting to achieve sales of RM2.5bil next year and, in order to do this, we will adjust our product mix

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-44251555811956379372011-10-18T09:28:00.001+08:002011-10-18T09:30:42.142+08:00

Nadayu Properties Bhd, formerly known as Mutiara Goodyear Development Bhd, will use part of the cash from disposing of its non-core assets to buy land in the Klang Valley.Yesterday, shareholders approved Nadayu's plan to dispose of four office lots and 3,087 car-park bays in Selangor to a company, called Park Access Sdn Bhd, for RM42.6 million.Nadayu executive chairman Hamidon Abdullah is happy

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-7314504043876043782011-10-18T09:23:00.003+08:002011-10-18T09:27:11.576+08:00

Bandar Raya Developments Bhd (BRDB) has yet to appoint an independent international property valuation firm to manage the tender exercise for the sale of BR Property Holdings Sdn Bhd, which owns the successful Bangsar Shopping Centre and Menara BRDB as well as the CapSquare Retail Centre and the Permas Jusco Mall.“We will make an appropriate announcement when the details are confirmed,” said BRDB

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-61468950741334614292011-09-24T10:47:00.003+08:002011-09-24T10:51:47.810+08:00

Property companies' earnings growth in fiscal 2012 will be affected by lower sales, analysts warn.Property developers are revising their sales target because of the gloomy outlook, especially in international markets.Companies such as Berjaya Land Bhd, SP Setia Bhd and Gamuda Bhd may be in for some choppy times, given their exposure to the property sector in Vietnam, analysts added."They were

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-46099271255473089612011-09-23T10:47:00.001+08:002011-09-23T10:50:13.108+08:00

SP Setia Bhd, which posted a higher profit for its third quarter ended July 31, remains optimistic about prospects of the property sector despite signs the world economy is set to slow.President and CEO Tan Sri Liew Kee Sin was confident the group would meet its 2011 financial year target of RM3bil in sales and said in a statement that SP Setia was going ahead with plans to launch property

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-1315100617602620342011-09-05T09:38:00.002+08:002011-09-05T09:41:46.494+08:00

Bandar Raya Developments Bhd (BRDB) expects its RM800 million Verdana project at north of Mont' Kiara to set a benchmark in lifestyle development in the mid-range residential segment in Kuala Lumpur. Verdana is an extension of BRDB's brand of cosmopolitan lifestyle developments and is the company's first foray into the mid-range segment. BRDB, which has been developing land in Bangsar for 45

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-62254111899560268572011-09-02T17:14:00.003+08:002011-09-02T17:19:22.376+08:00

Glomac's group managing director says prices of properties in Malaysia have not "skyrocketed" as compared with Hong Kong, China and Singapore. The chief of Glomac Bhd has quashed talks that the local housing market is overheating and will lead to an asset bubble. Group managing director cum chief executive officer Datuk FD Iskandar FD Mansor Iskandar said prices of properties in Malaysia have

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-39012405769754722612011-08-26T09:48:00.002+08:002011-08-26T09:53:32.668+08:00

Up-and-coming developer, Trinity Group Sdn Bhd, is on the lookout for more strategic land in the Klang Valley to develop affordable niche boutique projects. Managing director Datuk Neoh Soo Keat said the developer was also looking for opportunities in the other active growth markets of Penang and Johor. “Hopefully in the next two to three years, we will be able to launch a project in Singapore

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-48660392503631989892011-08-17T15:08:00.002+08:002011-08-17T15:13:14.993+08:00

For the first six months of 2011, Mah Sing Group Bhd racked up RM1.24 billion in sales, meeting above 60 per cent of its full year target of more than RM2 billion. Unbilled sales were approximately RM1.9 billion which is more than twice the revenue recognised from the property division in 2010, giving the company a significant earnings visibility. In a statement today, the Group said it

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-74971991744933353032011-08-16T09:18:00.003+08:002011-08-16T09:22:38.157+08:00

SP Setia Bhd's proposed purchase of 1,010.5 acres in Ulu Langat, Selangor, will see the property group more committed to building starter homes priced from RM300,000. Last Friday, SP Setia announced its wholly-owned subsidiary, Bukit Indah (Selangor) Sdn Bhd, had entered into a sale and purchase agreement with Ban Guan Hin Realty Sdn Bhd for the proposed purchase of the freehold parcel for

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-84833260327098044652011-08-15T13:37:00.005+08:002011-08-15T13:46:45.827+08:00

Urban regeneration projects in Malaysia may be given a new breath of life with the RM9 billion Tamansari Riverside Garden City development in Kuala Lumpur starting soon. The first regeneration project for Malaysia was the development of Subang Jaya in Selangor in the 1960s, initiated by second prime minister, the late Tun Abdul Razak. The idea was later mooted by Tun Abdul Razak to regenerate

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-3443106208987871712011-08-14T21:17:00.007+08:002011-08-14T22:01:22.549+08:00

Gardenz @ One South is located at Seri Kembangan, Selangor consists of 2 blocks with a total of 377 serviced apartments. The built-up area for the serviced apartments ranging from 1,020 sq.ft. to 1,220 sq.ft. and there are 5 layout designs to choose from. Each unit comes in 3 bedrooms and 2 bathrooms. Facilities at Gardenz @ One South include infinity lap pool, jacuzzi, pool deck, sauna/steam

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-60852777600011296862011-08-13T15:29:00.001+08:002011-08-13T15:31:16.773+08:00

Why do we buy property? I suppose most of us purchase a property primarily as a place of sanctuary and rest. As circumstances change, we will buy another property for other reasons. It could be due to preference or to move to a bigger home to accommodate a larger family. Others will buy purely for investments, either to sell or rent out the properties. Regardless of the reasons behind the

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-90559397418146294612011-08-13T15:23:00.003+08:002011-08-13T15:28:07.501+08:00

SP Setia Bhd, Malaysia's most valuable property company, has bought over 409ha of freehold land in Beranang, Ulu Langat, in Selangor for over RM330.1 million cash or RM7.50 per sq ft from Ban Guan Hin Realty Sdn Bhd. In a statement yesterday, SP Setia said it intends to develop a mixed residential township development project on the land with an estimated gross development value of RM3.5 billion

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-31140051967277192772011-08-10T23:05:00.006+08:002011-08-10T23:42:08.004+08:00

Parc @ One South is a property project developed by Hua Yang Berhad located at Seri Kembangan, Selangor. Parc @ One South comprises two serviced apartment blocks with a total of 418 units. The serviced apartment comes in four sizes with built-up area ranging from 1,014 sq.ft. 2,484 sq.ft. The facilities at Parc @ One South include reading room, wifi room, games room, yoga/aerobic room, sauna,

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-75926806669738857762011-08-09T21:57:00.003+08:002011-08-09T22:19:02.369+08:00

The Arc @ Cyberjaya comprises 9 serviced apartment blocks with over 1000 serviced apartment units. The serviced apartment unit has 3-bedrooms and 2-bathrooms with built-up area ranging from 913 sq.ft. to 1915 sq.ft. The facilities at the The Arc @ Cyberjaya include swimming pool, gym, squash court, BBQ pit, games room, multi-purpose hall, 24 hours security and it is gated & guarded. Property

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-6131213335578053152011-08-06T11:59:00.003+08:002011-08-06T12:04:20.288+08:00

Given the sharp hike in housing prices in the hot markets of the Klang Valley and Penang island in the past two years, it is about time some long-term initiatives are implemented to promote the decentralisation and widening of our “core favourite markets” to the larger undeveloped peripherals.Besides ensuring that development will be spread out to other parts of the country, these efforts will

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-43169951240032229532011-08-06T11:55:00.001+08:002011-08-06T11:57:59.354+08:00

Mah Sing Group Bhd is proving its mettle as a versatile developer with good landbanking skills and the ability to enter into promising joint ventures with owners of land in strategic locations.The company's latest 60:40 joint venture with Asie Sdn Bhd for the redevelopment of 4.08 acres of the former Pekeliling flats area, along the busy thoroughfare of Jalan Tun Razak-Jalan Pahang in Kuala

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-14781774926990359562011-08-02T17:38:00.001+08:002011-08-02T17:40:12.566+08:00

Mah Sing Group Bhd’s wholly-owned unit, Grand Pavilion Development Sdn Bhd, has signed a joint venture agreement with Asie Sdn Bhd and its subsidiary, Usaha Nusantara Sdn Bhd, to develop a 1.63-hectare prime land along Jalan Tun Razak-Jalan Pahang.In a statement today, Mah Sing said Usaha Nusantara would grant Grand Pavilion the sole and absolute right to undertake the development of the land for

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-87465698927416424972011-08-02T10:35:00.003+08:002011-08-02T10:39:38.080+08:00

Property developer Mah Sing Group Bhd is confident that the recently completed Southgate project in Sungei Besi here will be a success and the group plans to replicate the model elsewhere.Mah Sing Properties Sdn Bhd chief operating officer Andy Chua feels that there are at least two other other locations where the Southgate model can be duplicated - in Johor and Penang.Chua, however, said they

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-44009251449596315322011-07-26T18:05:00.002+08:002011-07-26T18:08:40.283+08:00

Hua Yang Bhd is set to launch phase three of its RM840 million mixed integrated development One South here soon.The new launch will feature 377 units of service apartments with build up ranging from 1,020 to 1220 sq ft - the Gardenz@One South Service Apartments with a gross development value (GDV) of RM160 million."We will be soft launching the Gardenz@One South gallery this Saturday. We expect a

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-46638737016034182892011-07-21T10:48:00.002+08:002011-07-21T10:50:44.674+08:00

With the completion of Lot C by the end of this year, KLCC Property Holdings Bhd will be looking at the development of Lot D1, another 0.6ha plot of land adjacent to Hotel Mandarin Oriental.A development plan for the area is only expected to be finalised in about a year."As usual, this is a mixed development and the trend for us is to have a mixed component of retail and service apartment or

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-54420704883850425842011-07-19T10:38:00.002+08:002011-07-19T10:41:05.793+08:00

Mah Sing Group Bhd, the country's fifth largest developer by revenue, will launch by September the second phase of Icon City in Petaling Jaya, Selangor, featuring 570 units of serviced residences worth RM439 million.Group managing director-cum- group chief executive Tan Sri Leong Hoy Kum is upbeat that the units, worth RM450,000 to RM1.2 million each or RM700 to RM800 per sq ft, will be snapped

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-48471136275305863762011-07-17T22:14:00.007+08:002011-07-17T23:00:43.530+08:00

The Greens is located at TTDI (Taman Tun Dr Ismail) in KL comprising two 27-storey blocks with 165 condominium units. Block A has 3 units per floor while block B has 5 units per floor. There are five layout types with 2+1, 3+1 and 4+1 bedrooms units and the built-up area ranging from 1,442 sq.ft. to 3,823 sq.ft.Facilities at The Greens include 50m infinity-edge pool, children pool, splash pool,

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-20108556231239022842011-07-17T21:04:00.004+08:002011-07-17T21:30:58.434+08:00

St John Woods Residence is a low density luxury condominium located at Persiaran Raja Chulan in Kuala Lumpur. St John Woods Residence consists of two adjoining 33-storey tower with a total of 48 luxury condominiums. The condominiums has spacious built-up area ranging from 3,660 sq.ft. to 8,848 sq.ft. There are only one unit in each floor and each unit comes with 3 car parking spaces. Property

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-56705471887794632282011-07-16T09:07:00.003+08:002011-07-16T09:14:52.052+08:00

The Greens luxury condominiums and Menara LGB will add to the TTDI skylineWithin the next three years, the prestigious Taman Tun Dr Ismail (TTDI) neighbourhood in Kuala Lumpur will have new high rise landmarks in the form of The Greens luxury condominiums and Menara LGB.Both are maiden flagship and freehold projects by Bellworth Developments Sdn Bhd, the property development arm of the LGB

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-23819194396893859082011-07-16T09:02:00.002+08:002011-07-16T09:06:43.553+08:00

Building by-laws should compel developers to provide green features in their projectsWHILE green solutions have long been adapted by property industry practitioners in the United States, Europe and Australia, it is still at an early stage in Malaysia.According to the Eastern Regional Organisation for Planning and Human Settlement (EAROPH) Malaysia honorary secretary, S Thirilogachandran, although

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-39654171874927262052011-07-14T11:13:00.002+08:002011-07-14T11:20:34.441+08:00

Property group AM-EL Group has launched a boutique luxury condominium located along Persiaran Raja Chulan, with a gross development value (GDV) of RM180 million.The St John Woods Residence condominium features 48 luxury homes housed in 33-storey towers that offers one unit per floor. Each unit will have three parking bays.The company is banking on its large unit design to attract buyers since

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-42975385432141233952011-07-14T11:06:00.004+08:002011-07-14T11:11:33.073+08:00

Naza TTDI Sdn Bhd, the property development arm of the Naza Group, plans to launch 18 new developments including new phases worth over RM1 billion by end of the year.Group managing director SM Faliq SM Nasimuddin said new property launches will include three high-end residential projects."We are looking to launch 18 new projects this year, which include our three trophy high-rise luxury

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-52691959083452693682011-07-13T15:09:00.004+08:002011-07-13T15:26:04.551+08:00

Suria Jelutong is located at Bukit Jelutong comprises two towers with 666 units of serviced suites. The built-up area for the serviced suites ranging from 450 sq.ft. to 1,600 sq.ft.Facilities at Suria Jelutong Serviced Suites include infinity pool, BBQ pit, function halls, gymnasium, sauna, meeting room, games room, reading room, mini library, kindergarten, laundry, surau, centralized astro,

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-39422334040286356202011-07-11T23:00:00.003+08:002011-07-11T23:40:48.544+08:00

Parklane OUG is located at Kuala Lumpur, easily accessible via Jalan Puchong linking Shah Alam Expressway (Kesas), New Pantai Expressway (NPE), Middle Ring Road 2 (MRR2), North South Highway and Jalan Klang Lama. Parklane OUG will be built in three phases. Phase 1 (Zone E) comprises three 31-storey blocks with a total of 1054 serviced apartment units. Phase 2 (Zone D) comprises two 33-storey

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-43105680946717818972011-07-11T22:18:00.004+08:002011-07-11T22:46:12.168+08:00

Akisama Residence is located along Jalan Tun Razak in Kuala Lumpur. The project consists of three 19-storey blocks with a total of 456 serviced apartment units. The built-up area for the serviced apartment units ranging from 785 sq.ft. to 5,190 sq.ft., with choice of 1, 2, 3+1, 4+1 and 5+1 bedrooms types. The facilities at Akisama Residence include swimming pool, wading pool, pool terrace,

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-55436097918546253162011-07-02T10:09:00.002+08:002011-07-02T10:11:51.761+08:00

LBS Bina Group Bhd, which is working towards developing more premier property projects, will launch D’Island Residence in September.Located on 175 acres in Puchong, the development will comprise 237 super-link houses, 298 semi-detached homes, 148 bungalows and 352 high-end condominiums as well as two blocks of commercial units.Managing director Datuk Lim Hock San says the project, with a gross

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-68320769003894310812011-07-02T10:06:00.001+08:002011-07-02T10:08:11.376+08:00

Those with a budget of half a million ringgit can still purchase decent landed residential properties that are not too far away from the Kuala Lumpur city centre, particularly in the Ampang area.A search through the online property listing of Metro Homes Sdn Bhd turned up several interesting possibilities including a leasehold two-storey terrace house (five-bedroom/three-bathroom, on a 22ft x

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-67040614550354217682011-06-29T09:45:00.005+08:002011-06-29T09:52:35.476+08:00

Prices of houses in recent years have surged and many Malaysians are finding it difficult to buy a home. Recognising their predicament and knowing that policy action need to go beyond just providing low-cost houses, the Government has come up with the National Housing Policy (NHP) which aims to address the short to long-term purpose of providing public housing to a larger section of

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-24626616450346328482011-06-28T22:59:00.003+08:002011-06-28T23:22:42.771+08:00

Quarza is a mixed development property project located in Melawati by Sime Darby Property. Quarza comprises 3 serviced apartment blocks atop of a retail podium with a total of 480 serviced apartment units and a block of grade A offices. Property Project : Quarza (Quartz Ridge)Location : Desa Melawati, KLProperty Type : Serviced Apartment, Retail, OfficesTenure : FreeholdNo. of Blocks : 4No. of

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-15622094891756503212011-06-27T15:30:00.006+08:002011-06-27T16:06:58.863+08:00

D'Pines @ Ampang is leasehold condominium project by Sri Seltra Sdn Bhd. D'Pines phase one comprising a 20 storey apartment block with a total of 265 units. There are 17 units on each floor serving with 3 lifts. The built-up area of the apartment unit ranging from 1,195 sq.ft. to 1,875 sq.ft.The facilities at D'Pines Condominium include pavilion sun deck, wading pool, jacuzzi, jogging track, gym

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-10595629197483866492011-06-27T11:05:00.004+08:002011-06-27T11:08:14.118+08:00

YTL Land & Development Bhd is launching phase three of its Lake Fields project in Sungei Besi soon and expects take-up to be overwhelming.Called Grove, it comprises 102 units of three-storey semi-detached homes worth about RM220 million, or about RM2 million each.YTL Land executive director Datuk Yeoh Seok Kian said it has received about 1,500 registrations for Grove, mostly repeat buyers and

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-29784646438051859712011-06-27T10:59:00.003+08:002011-06-27T11:04:15.617+08:00

YTL Land & Development Bhd will continue to rejuvenate old thriving townships and create modern integrated developments to lure local and foreign investors.The company has a strong track record in urban rejuvenation, having undertaken projects in areas where other developers had avoided in the past, such as Pantai Dalam, Puchong, Sungai Besi and Sentul in the Klang Valley.YTL Land, which has a

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-89569240198060737212011-06-27T10:53:00.002+08:002011-06-27T10:57:22.467+08:00

Syarikat Perumahan Negara Bhd (SPNB), a wholly owned unit of the Minister of Finance Inc (MoF Inc), aims to achieve a total development value of RM2.8bil by 2016, if all the affordable housing units it plans to build are completed on schedule.Managing director Datuk Kamarul Rashdan Salleh said SPNB would be able to complete 36,095 affordable houses by 2013, of which 16,423 units have been

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-83937393933328144402011-06-27T10:47:00.003+08:002011-06-27T10:52:48.126+08:00

A new residential high-rise property named D’Pines has just been launched in Ampang and is set to liven up the mature neighbourhood surrounding it.“We are proposing a future development next to the condominium, a centre with facilities like badminton courts, a swimming pool, game room, hall and such. Those who can apply for membership to use the place are residents in Taman Nirwana only,” Sri

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-84865870059678040462011-06-24T09:15:00.002+08:002011-06-24T09:19:25.099+08:00

A portion of the old Sungai Besi airport land will be utilised for property development under the Government's quality housing scheme, said Prime Minister Datuk Seri Najib Tun Razak.He said the land would be developed by 1Malaysia Development Berhad (1MDB) after the airport base closed.“A certain portion of the land will be used for quality affordable housing for the rakyat,” he said during a

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-10257216154807248702011-06-24T09:12:00.002+08:002011-06-24T09:15:04.212+08:00

Real estate investment firm MGPA expects its grade A office building Vista Tower (formerly known as Empire Tower), located at the junction of Jalan Tun Razak and Jalan Ampang, to be fully taken up by year-end.MGPA Asia chief executive officer John Saunders said the building had already recorded a 60% take-up in the last six months. Refurbishment of the tower was completed at the end of last year.

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Property developer Dijaya Corp Bhd plans to launch three new projects this financial year ending Dec 31 with a gross development value (GDV) of RM762mil.Managing director Datuk Tong Kien Onn said the total GDV for the three projects was more than RM1bil but as the group planned to launch them in phases the GDV was RM762mil.“We will launch Tropicana Cheras, a residential project in Sungai Long

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-79982815133874018592011-06-18T12:23:00.003+08:002011-06-18T12:28:53.480+08:00

Strong demand continues to push up already high prices, especially landed properties.Future generations will have to get used to living in a box in the sky.The past six months have seen a deluge of property advertisements in the Friday, Saturday and Sunday newspaper issues. There are eager buyers out there, still.And this interest will probably continue until the end of this year, notwithstanding

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-90450472625632881522011-06-16T11:00:00.002+08:002011-06-16T11:04:22.628+08:00

Millennium Land Sdn Bhd will embark on a RM1.5bil mixed-development project, M Square, which it is optimistic will become the new commercial centre for Puchong and turn it into a trendy township.Located on 10.12ha, M Square comprises a 380,000 sq ft shopping mall located in the podium block below the 18-storey 255-room Hilton Garden Inn and a 2.1 million sq ft street mall comprising of 13

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-4717792764007327472011-06-16T10:54:00.002+08:002011-06-16T10:59:06.893+08:00

Lifestyle property developer Eastern & Oriental Bhd (E&O) and Japan's largest property developer Mitsui Fudosan Co Ltd are looking at opportunities to jointly develop residential properties in Malaysia and the region.“This is a significant start,” said E&O deputy managing director Eric Chan after signing a marketing collaboration agreement with Mitsui Real Estate Sales Co Ltd, the real estate

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-52988861816151763592011-06-15T10:53:00.004+08:002011-06-15T10:56:52.656+08:00

Mah Sing Group Bhd, one of Malaysia’s fastest growing property developers, has embarked on a “good to great” strategy with its premier M Club Loyalty Rewards.The enhanced loyalty programme offers its members, numbering 10,000, the chance to enjoy a host of exclusive privileges and discounts from approximately 30 lifestyle brands.M Club members, better known as the Mah Sing Community, will

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-44197197362152441552011-06-14T09:50:00.002+08:002011-06-14T09:55:52.302+08:00

Malaysian property developer SP Setia Bhd plans to increase its landbank in Australia, predominantly in popular cities such as Melbourne, Sydney and even Gold Coast, as it seeks to capture the growing opportunities from the population boom of these cities.Having made its first Australian investment last year, the developer is in the midst of scouting for more investment opportunities in Melbourne

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-14836531669699678112011-06-14T09:44:00.004+08:002011-06-14T09:48:35.580+08:00

Competition among lessors of office space in Kuala Lumpur is expected to intensify this year, with the annual average rentals of office space in the business district projected at US$25.19 (RM76) per sq ft.Global real estate firm Colliers International said completion of individual projects has been deferred from late 2010 to 2011."With a total of over 3.0 million sq ft new space coming on line

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-65499766628255727702011-06-11T11:26:00.003+08:002011-06-11T11:41:20.181+08:00

Mah Sing Group Bhd plans to make its debut as a regional property player this year and hopes to kick off its first offshore project in China by year-end.Group managing director and group chief executive Tan Sri Leong Hoy Kum says the decision to hold back from venturing overseas earlier has been a blessing for the company as it has allowed Mah Sing to build up a stronger market presence locally.“

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-83257781771170876412011-06-11T11:19:00.002+08:002011-06-11T11:23:11.072+08:00

Property developer Mutiara Goodyear Development Bhd plans to build commercial and residential units worth some RM1 billion on a 1.4ha site along Jalan Sultan Ismail here.Last week, Mutiara Goodyear told Bursa Malaysia that it will buy the land for RM215.5 million from UDA Holdings Bhd.The land is sited next to the Sheraton Imperial Hotel and behind the Asian Heritage Row.Mutiara Goodyear

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-87023091248668767742011-05-21T11:59:00.003+08:002011-05-21T12:03:44.122+08:00

Malaysian developers have won four top places out of the 14 categories contested in the Fiabci International Prix d' Excellence Award 2011 with another three being runners-up, making this year's outing the most lucrative.The winners, from nine countries namely the United States, China, India, Malaysia, Brazil, Russia, Hungary, Singapore and Cyprus, were announced in a gala event held in Cyprus

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-37878345628070809792011-05-21T11:55:00.003+08:002011-05-21T11:58:04.264+08:00

Malton Bhd plans to launch eight property development projects worth some RM2.2 billion over the next three years, as well as beef up its construction division.Executive director Hong Lay Chuan said Malton's construction unit has about RM200 million-odd worth of jobs in hand and that the division currently contributes some 30 per cent to group revenue.Hong told reporters after the company's

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-24962000759627861142011-05-16T11:22:00.003+08:002011-05-16T11:32:00.804+08:00

Higher supply of luxury condos in the first quarterThe market for high-end condominiums and serviced residences in Kuala Lumpur is still very strong, according to CB Richard Ellis (Malaysia) executive chairman Christopher Boyd.Boyd said high-end condominiums and serviced residences launched in the city last year had seen strong sales.“Take-up rates range from 65%-88% as of the end of the first

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-44082231167404788742011-05-16T11:16:00.003+08:002011-05-16T11:22:13.306+08:00

Bandar Raya Development Bhd (BRDB) is expected to launch at least four new property development worth close to RM2 billion this year namely in the Klang Valley and Johor.Chief financial officer Low Kin Seng told Business Times that two high end projects would be launched in the middle of this year while a couple more would depend on market conditions.The property developer will put on sale the

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-81104706552424779302011-05-10T11:23:00.002+08:002011-05-10T11:26:28.442+08:00

The property market will not be impacted by the recent increase in the overnight policy rate (OPR), said property consultants.Last Thursday, Bank Negara raised the overnight policy rate (OPR) by 25 basis points to 3% and increased the statutory reserve requirement (SRR) by one percentage point to 3%.Henry Butcher Marketing Sdn Bhd chief operating officer Tang Chee Meng said the slight increase

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-86164264495492232112011-05-06T15:50:00.000+08:002011-05-06T15:51:21.958+08:00

The Government will launch a new scheme to ensure young adults in the Klang Valley have access to quality and affordable housing, Prime Minister Datuk Seri Najib Tun Razak said.The initiative, which will complement the My First Home programme launched in March, is to counter soaring property prices in the Klang Valley that have made it difficult for the younger generation to own homes.Speaking on

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-27041173594972989862011-05-06T15:43:00.002+08:002011-05-06T15:48:16.332+08:00

For the average young wage earner, having a roof over his head is a catch-me-if-you can. The house he thinks he can afford three years on spirals out of reach when the time comes.There are a few basic things in life that one needs to get by – food in your stomach, clothing to cover yourself so that other people don’t go blind (joke) and a roof over your head.There might be other items you feel

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-68214924603241729522011-04-30T11:32:00.003+08:002011-04-30T11:37:03.899+08:00

A growing number of developers and building owners in Malaysia are recognizing the value of going “Green”. The term sustainable development has interchangeably been used to reflect “green features” in the development.In some countries, sustainable development has a deeper meaning than simply applying “green features” as it is used to tackle a number of global issues such as poverty, inequality,

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-81563962083249874302011-04-26T22:36:00.001+08:002011-04-26T22:37:55.094+08:00

SDB Properties Sdn Bhd, a subsidiary of Selangor Dredging Bhd (SDB), has acquired a piece of land measuring 36,339 square metres from Webcon Sdn Bhd for RM31 million.The property, located in the centre of the Cheras South communities and surrounded by various public amenities, was easily accessible from various highways such as the Cheras-Kajang Expressway, SILK Highway and Sungai Besi Expressway

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-86916238815178586692011-04-23T10:47:00.002+08:002011-04-23T10:49:26.531+08:00

The residential property sub-sector continued to spearhead the Klang Valley's market last year, making up 77.7% of the total volume of transactions in Kuala Lumpur and 76.8% of Selangor's property market volume.According to the National Property Information Centre's (Napic) Property Market Report 2010 released on Wednesday, there were 376,583 property transactions worth RM107.44bil recorded

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-42236390884484997512011-04-23T10:41:00.006+08:002011-04-23T10:46:27.834+08:00

The Malaysian property market hit a record year in 2010 with RM107.44 billion worth of properties transacted and the trend will continue this year."There will be an increase this year, but marginally," said National Property Information Centre (NAPIC) director-general Datuk Abdullah Thalith Md Thani.The property market enjoyed double-digit growth in 2010, with transactions and value expanding

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-71551250047064784342011-04-18T15:20:00.005+08:002011-04-18T15:33:32.455+08:00

V Residence is the residential component of Sunway Velocity development by Sunway City Berhad. V Residence comprising an 18-storey building block with a total of 264 serviced apartment units. The serviced apartment comes with spacious 2, 3 & 4 bedrooms types to choose from. Property Project : V ResidenceLocation : Sunway Velocity, KLProperty Type : Serviced ApartmentTenure : FreeholdNo. of

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-31954286966377203552011-04-09T10:25:00.003+08:002011-04-09T10:29:07.511+08:00

Despite the move by Bank Negara last November to introduce a maximum loan-to-value (LTV) ratio of 70% for the third and subsequent house financing facilities to curb speculation on property prices, property consultants and analysts are convinced that there will only be a temporary setback for the property and banking industry.Hwang DBS Vickers Research, in its recent report, says the property

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-1259390432335681612011-04-08T20:30:00.002+08:002011-04-08T20:35:52.005+08:00

Aptly named The Elements @ Ampang, this new upcoming high-rise residential project off Jalan Ampang within the Kuala Lumpur boundary has all the elements needed to create the setting for a premier lifestyle.Jointly developed by Land & General Berhad and Mayland Group, the project comprises two 42-storey blocks of service apartment units with built-ups ranging from 640 square feet (sq ft) to

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-85591412224725998382011-04-04T10:23:00.003+08:002011-04-04T10:44:58.398+08:00

Mah Sing Group Bhd, the country's fifth largest developer by revenue, will launch Icon City, a RM3 billion integrated commercial development in Petaling Jaya, Selangor, in the next quarter.Group managing director and group chief executive Tan Sri Leong Hoy Kum said Mah Sing will be launching more commercial and industrial projects this year to build the two segments.Mah Sing has 33 ongoing

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-79760315342970454992011-04-04T10:20:00.001+08:002011-04-04T10:22:36.763+08:00

Mah Sing will use its internally generated funds and loans for land acquisitions in Greater Kuala Lumpur/Klang Valley, Penang Island and Johor BaruMah Sing Group Bhd is buying more land in Greater Kuala Lumpur/Klang Valley, Penang Island and Johor Baru that has potential to generate over RM7 billion in gross development value (GDV)."We are building our war chest for further expansion," group

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-5657027440824300212011-04-01T11:10:00.000+08:002011-04-01T11:12:31.238+08:00

Households applied for less money to buy houses in February with applications falling to RM10.26bil in February from RM12.56bil in January, but the amount applied for was 23% higher than in February 2010.For the fourth consecutive month, ever since new loan-to-value (LTV) rules for the third or more house was enforced in November last year, households have applied for less money to buy

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-36286044490236930492011-03-30T23:13:00.005+08:002011-03-30T23:36:34.838+08:00

The Capers @ Sentul East comprises two iconic 36-storey tower with a total of 338 condominium units and 128 low-rise suites. The built-up area for the tower condominium units range from 695 sq.ft. to 1,567 sq.ft. with 2-bedrooms and 3+1 bedrooms types. As for the low-rise 3-storey single-level suites and duplex maisonettes, the built-up sizes are 999 sq.ft. for 2+1 bedrooms type and 1,965 sq.ft.

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-83799132531793036792011-03-28T16:28:00.007+08:002011-03-28T16:55:28.139+08:00

LaCosta Lakeside Condominium is located at Sunway South Quay in Bandar Sunway. The project comprises four condominium block with a total of 377 units. The built-up area for the condominium unit ranging from 1,302 to 3,226 sq.ft.Facilities at LaCosta Condominium include swimming pool, sandy beach pool, wading pool, gymnasium, jacuzzi, play lawn, outdoor gallery, tea garden, sky garden.Property

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-53717046284627291012011-03-26T10:19:00.002+08:002011-03-26T10:24:12.369+08:00

YTL Land & Development Bhd, which is launching its condominium development The Capers at Sentul East today, caused a “mad rush” among potential buyers looking to lock in sales.“There was a mad rush of people scrambling in. The food for the guests was left uneaten,” said a fund manager who was on-site to buy a unit yesterday.At press time, about 80% of Block A has been taken up, according to a

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-55559387773328225012011-03-26T10:16:00.002+08:002011-03-26T10:18:53.469+08:00

The recent announcement of My First Home Scheme by Prime Minister Datuk Seri Najib Tun Razak, allowing 100% financing for first time homebuyers earning less than RM3,000 a month has been well-received by property players and the public in general.It is estimated that 40% of Malaysian households earn less than RM3,000 per month, indicating strong demand for affordable houses. Statistics show that

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-50088623425118725372011-03-26T10:12:00.003+08:002011-03-26T10:16:21.857+08:00

Property developer Naza TTDI Sdn Bhd is aiming to be among the top 10 property players in the country in three years' time and the No. 1 developer in five years' time.Group managing director SM Faliq SM Nasimuddin says the group is up for the challenge and believe the goals are achievable based on a few factors.“With major high impact projects in hand, more merger and acquisition in the pipeline

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-22018450026370336552011-03-26T10:07:00.002+08:002011-03-26T10:11:43.132+08:00

When PJCC Development Sdn Bhd decided to build its on-site sales office and showroom gallery for its ongoing integrated commercial hub project, Petaling Jaya Commercial City (PJCC), the challenges were many.As PJCC Development managing director Jacqueline Daniele Roberts recalls, the company wasn't looking to develop a bland, flat structure.“We wanted it (the on-site sales office and showroom

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The scheduled completion of a number of retail property projects in the Klang Valley offering 3.5 million sq ft of net lettable space this year is expected to soften rentals and reduce occupancy rates, property consultants said.CB Richard Ellis managing director Allan Soo said the additional space that would come onstream this year might lower the average occupancy rate of shopping centres in the

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-32961739404953125232011-03-19T11:01:00.004+08:002011-03-19T11:20:21.983+08:00

Although the demand for residential properties in the Klang Valley is expected to remain good this year, property consultants expect prices of landed housing to show only moderate increases compare with the double-digit jump in 2010.Landed property prices grew strongly last year, up by as much as 20% in some areas. This can be attributed to the limited new supply, which only increased by 3%

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LaST week, the Government officially launched My First Home Scheme targeted at young working Malaysians earning RM3,000 or less to help them become home owners. Though different in many ways from Singapore's Housing Development Board scheme, Malaysia's My First Home scheme has similar and noble objectives.Malaysia has another housing scheme targeted at the poor and needy the low-cost housing

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The one area that is often neglected when it comes to affordable housing is supply. Yes, loans are plentiful and there is now a scheme called My First Home Scheme launched where eligible Malaysians would be able to get a full loan for homes costing between RM100,000 and RM220,000.The problem is that fresh supply of affordable homes in the Klang Valley is scarce and with the median age of

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There will be pressure on owners of old office building in the Klang Valley as they will be forced to refurbish or redevelop their properties to keep tenants.Landlords of aging buildings will face a threat with 17.1 million sq ft of new office space coming into the market by 2013, said CH Williams Talhar & Wong Sdn Bhd managing director Foo Gee Jen.To face off competition, Foo said, the

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I-Berhad, an integrated ICT developer, will start to build three properties worth about RM700 million at its i-City development in Shah Alam, Selangor, by the end of this year.The properties are a serviced apartment block with over 100 units, a 210-room boutique hotel and a 300,000 sq ft data centre.Chief executive officer Eu Hong Chew said the projects are meant to improve its income and

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The property market in Cyberjaya is proving too hard to ignore for SP Setia Bhd as the developer is taking a second stab at the growing area.Malaysia's biggest developer by sales will launch a RM3 billion eco-themed project in Cyberjaya, Selangor, early next year."Cyberjaya is a market you must not ignore. We are looking at 3,000 to 4,000 expatriates working there who need housing," chief

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Property developer SP Setia Bhd has bought 108.5ha of prime freehold land in Cyberjaya's flagship zone for RM420.4mil from Setia Haruman Sdn Bhd.The land will be developed as Setia Eco Glades project by Setia Eco Villa, a joint-venture company between SP Setia Bhd which holds 70% and Setia Haruman Sdn Bhd 30%.SP Setia president and chief executive officer Tan Sri Liew Kee Sin said the project

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The abundance of office space supply in 2011 is expected to create pressure on rental rates for this property sub-sector.Henry Butcher Malaysia Sdn Bhd chief operating officer Tang Chee Meng said there would be a slight weakening in rates in the next three to six months as there was an oversupply of office space in the market.“A lot of buildings are being completed and there will be an increase

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In the vision of Metro Kajang Holdings Bhd executive chairman Datuk Alex Chen, Kajang is a modern township with excellent facilities and infrastructure.He envisioned the residents to enjoy a quality lifestyle and lead a peaceful and harmonious life.The area is still fast developing, with the developer having four ongoing projects in both Kajang and Semenyih, namely Kajang 2, Sentosa Heights,

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Those within 500-metre radius from station to appreciate the mostProperty valuers and developers expect the Klang Valley Mass Rapid Transit (MRT) project to have significant impact on the prices of residential and commercial properties along the MRT route.Eric Oii, a member of the board of valuers, appraisers and estate agents said property prices - commercial and residential - along the MRT

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Colliers International says office investment yields are likely to remain stable at between 6 per cent and 6.5 per centCompetition among lessors of office space in Kuala Lumpur is expected to intensify this year, with average rental of office space in the business district projected to remain unchanged at US$24.31 (US$1 = RM3.05) per sq ft a year.Global real estate firm Colliers International

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Mah Sing's group MD says there will be sustained demand in mid-tier to high-end properties, both landed and high rise in the residential, commercial and industrial segments.Mah Sing Group Bhd, Malaysia's fifth largest property developer by revenue, is ready to roll out RM3 billion worth of new launches this year on positive domestic economic outlook.Group chief executive and managing director

Malaysia Condohttp://www.blogger.com/profile/16199178810840644777noreply@blogger.com0tag:blogger.com,1999:blog-5030301801174920540.post-69707151258809989252011-02-11T16:30:00.002+08:002011-02-11T16:32:48.959+08:00

Smaller builders may have problem finding financingThe proposed implementation of the build-then-sell (BTS) concept as a mandatory system is likely to sit well with financially sound, established developers but would be a burden on smaller, less resourceful players.“This system means that developers have to complete the project first before they can start selling and earning profits,” said an

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