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Eco World is CIMB Research top property pick
CIMB Research says Eco Worl is its top pick as it offers the highest share price upside among the developers in its coverageKUALA LUMPUR: CIMB Equities Research is retaining its Overweight call on property sector withEco World as its top pick which will also benefit from the spillover from mass...
Tropicana celebrates topping-out of W Kuala Lumpur Hotel & The Residences
PETALING JAYA: Property developer Tropicana was joined by business officials at a topping-out ceremony marking the completion of concrete construction for one of the developer’s most prestigious developments, W Kuala Lumpur Hotel and The Residences at KLCC.The final concrete slab was poured...
Construction work to rebuild wall causes cracks in Damai Perdana homes
WORKS to build a retaining wall in Damai Gayana, Bandar Damai Perdana in Cheras has resulted in cracks in a few houses there.Although residents were relieved, they had been on tenterhooks after the concrete wall, protecting their homes collapsed in January 2015.However, they said work to repair the...
Heavy vehicles parked along Rawang roads cause for concern
BY STUART MICHAELSome of the heavy vehicles parked along Jalan Desa Utama in Taman Desamas, Bandar Country Homes in Rawang are posing danger to motorists.HEAVY vehicles parked along Jalan Desa Utama in Taman Desamas and Jalan Desa Ria in Bandar Country Homes, Rawang, are posing danger to other...
Practical tips on buying property
There will also be a presentation on Putrajaya, which is considered Malaysia’s greenest and best integrated city, at the StarProperty.my forum this Saturday. — filepicWANT to learn more about the overnight policy rate (OPR), loan eligibility criteria and grasp opportunities in the current...
Residents want roads in Batu 18 Kuang to be widened
BY STUART MICHAELThis junction along Jalan Setia in Kuang is always congested as many heavy vehicles use this route.KUANG residents say a crossroad in the town is dangerous and needs to be widened.They also said the traffic light at the crossroad at Simpang 4 in Batu 18 Kuang, often...
Developers must provide green spaces, say local councils
THE Shah Alam City Council (MBSA), Subang Jaya Municipal Council (MPSJ) and Kuala Lumpur City Hall (DBKL) said developers are required to allocate green space for their projects.MBSA Corporate Communications head Shahrin Ahmad said 10% of housing development projects have to be allocated for open...
Loans to households in Malaysia higher than GDP: Allianz Wealth Report
The 7.2% growth in loans to the households exceeded the GDP of 4.6% growth and even their financial assets with 4.9%.KUALA LUMPUR: Loans to private households increased at a faster pace than national gross domestic product (GDP) and also their financial assets in 2015, according to the Allianz...
Tug-of-war over closure of residential road in SS3
BY SHEILA SRI PRIYAMBPJ officers breaking down an illegal road closure at Jalan SS3/53 built by Taman Subang Kelana Jaya residents on Tuesday afternoon.PUTTING up pavement and a fence to close off a residential road without approval is a big no-no, and the consequences of doing so was witnessed by...
Stench a result of illegal dumping
BY PRIYA MENONIWK is currently investigating the source of the illegal discharge that is causing a foul smell in Bandar Puteri Puchong.AFTER two weeks of complaining about a foul smell permeating in Bandar Puteri Puchong, the authorities visited a sewage treatment plant to get to the root of the...