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Softer outlook for property
To a question on whether house prices were in a bubble, she defined a bubble as an exorbitant unsustainable price increase. “Prices fall and do not go up. That’s a bubble. What we have is ‘overheating’ of prices, not a bubble,” Napic director Khuzaimah Abdullah(filepic) said.PUTRAJAYA:...
AERA sets the benchmark for lakeside living
Chin Hin Property Development is looking to change the landscape of Petaling Jaya South with the introduction of Aera Residence. This high-rise development offers residents a unique lakeside experience in a prominent and well-connected neighbourhood.Starting at an affordable RM370,000, AERA...
IJM Construction bags RM378m job from See Hoy Chan
KUALA LUMPUR: IJM Corporation Bhd's construction unit has secured a RM378mil contract to build an environmentally-friendly corporate office tower in Damansara Uptown, Petaling Jaya.It said on Monday its IJM Construction Sdn Bhd was awarded a contract from Damansara Uptown Retail Centre Sdn Bhd, a...
KL mayor leaves it to courts to decide fate of project
A view of the proposed development site sandwiched by Tiara Faber condominium and SK Taman Desa, along the narrow stretch of Jalan Desa Bakti 2, Taman Desa, Kuala Lumpur.KUALA Lumpur City Hall (DBKL) will let the court decide the future of The Address, a new high-density residential development in...
City status spurs council’s ambitions
JOHOR BARU: The Central Johor Baru Municipal Council (MPJBT) hopes to increase its revenue next year by at least 5% to RM300mil.Its president Adib Azhari Daud said the council had collected more than RM280mil so far this year.“We collected more than 90% because our taxpayers pay on time,” he...
UMLand completes Johor’s latest completed development
PETALING JAYA: United Malayan Land Bhd (UMLand) announced the completion of Suasana Iskandar Malaysia, the newest upmarket integrated commercial development.According to the statement, Suasana Iskandar Malaysia comprises of the first lifestyle hub in Johor City Centre (JBCC); Suasana Iskandar...
Slowdown in Penang property deals likely floowing recent flooding
Raine & Horne Malaysia senior partner Michael Geh(filepic) told StarBiz that house buyers would surely exercise caution when buying either landed or high-rise properties near hill slopes or in flood-prone areas. “This could slow down property transactions in the state over the next 12 months....
IJM Land to launch RM1.2b projects
Latest offering: Potential buyers visiting IJM Land booth at a property fair in Penang. IJM plans to launch residential component The Mezzo at The Light City in the second quarter of 2018.PETALING JAYA: IJM Land Bhd will be launching seven projects with a total gross development value (GDV) of...
Mah Sing Foundation raises RM6.3mil at charity night
With the new vision “Reinventing hope, creating lasting change in children’s lives”, Mah Sing Group strategy and operations director Jane Leong(filepic) said the company aimed to work closely with parents, families and communities to have a lasting change and sustainability in the lives of...
MBSA to build hawker centre in Pekan Subang
An artist’s impression of the three-storey hawker centre in Pekan Subang U6 Shah Alam.NEWS of a proposed hawker centre in Pekan Subang U6 Shah Alam has residents excited about a possible night hub in the neighbourhood.One of the oldest commercial areas in U6, the shoplots along Jalan TUDM lacks...