KUALA SELANGOR, Dec 29 — The Eco World Foundation has allocated RM15,000 to help 10 families in Kampung Seri Sentosa, here, whose homes were hit by floods recently. Its chairman, Tan Sri Lee Lam Thye said the allocation was also used to repair the road which was damaged by the floods, other than providing food … Read more
AMPANG, Dec 28: Pandan Perdana property owners got a rude shock when they received a letter on Dec 2 from a liquidator requesting them to verify ownership of their properties after the developer filed for bankruptcy. If the owners fail to do so, their properties will be reclaimed, this is after Perwira Indra Sakti Sdn … Read more
KULAI: Kulai Municipal Council (MPK) only managed to complete six units of affordable houses this year due to land conversion issues with the developer. Its president, Abdul Rahman Salleh, however, said that 2,700 units is expected to be completed next year. Some 3,692 people have applied for affordable homes in Kulai which cost below RM200,000 … Read more
Downgraded from hold to sell with a target price of 82 sen: The consortium of Samsung C&T Corp and UEM Group Bhd has secured the KL118 Tower project from the project owner, Permodalan Nasional Bhd, at a contract sum of RM3.4 billion. The 118-storey skyscraper with a height of over 600m will be the tallest … Read more
The Selangor State Development Corporation (PKNS) has urged low-income people in Selangor to apply for the purchase of its houses in the state through the Selangor Real Estate and Housing Board (LPHS). PKNS general manager Azlan Md Alifah said this would facilitate the corporation in making available more affordable homes as well as assist the … Read more
Last year saw property buyers and aspiring house owners being plagued with negative sentiments especially with the falling Ringgit. As we start the new year, the top-most question on everyone’s mind – where is the property market heading? iProperty.com consulted some industry experts and developers to learn what the property industry has in store for … Read more
KUALA LUMPUR, Dec 28: The Malaysian market is expected to remain tough next year as corporate earnings remain weak, said Eastspring Investments Bhd general manager of investment services Yvonne Tan. “Corporate earnings forecast in the beginning of the year were about high single-digit growth. As of now, market is actually looking at a negative growth of … Read more
GEORGE TOWN (Dec 29): There are mixed feelings among Penang folk about land reclamation, especially the latest plan to create man-made islands off the southern coast of the island to finance the RM27 billion Penang Transport Master Plan (PTMP). Fishermen in the area are unhappy with the proposal by SRS Consortium Sdn Bhd to reclaim … Read more
Urban centres situated in the outlying areas of Kuala Lumpur have seen an increasing demand for residential and commercial developments brought on by the influx of a growing urban population. Kuala Lumpur has a population of almost 2 million people but less than 200,000 live in the city centre due to its high costs. With … Read more
