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SP Setia decreases sales target for this year from RM4bil to RM3.5bil
According to SP Setia president and chief executive officer Datuk Khor Chap Jen(filepic), the group’s sales performance was satisfactory amid the current challenging market environment.PETALING JAYA: SP Setia Bhd has revised its sales target for the year to RM3.5bil from RM4bil previously amid...
Two new councillors for MBPJ
BY BRENDA CH’NGTWO new young candidates will be sworn in as Petaling Jaya City (MBPJ) councillors next Tuesday before the monthly full board meeting starts.Daniel Lee and Lim Yi Wei will be sworn in under the DAP quota to replace Lee Soong Yee and former party whip Lee Suet Sen, respectively.Once...
Sime Darby Property introduces Alya Kuala Lumpur
KUALA LUMPUR: On August 23, Sime Darby Property reaffirmed its commitment to the continuing growth of its resort real estate development masterplan with the introduction of Alya Kuala Lumpur.Formerly known as the Kuala Lumpur Golf & Country Club Resort (KLGCC), the rebranding of the KLGCC...
Jalan Harapan link to Sprint highway ready by December
Ongoing work at the last stretch of Jalan Harapan. This road is scheduled to be opened to the public by December this year.THE long-awaited Jalan Harapan link in Petaling Jaya will finally be completed by December this year.The road project to connect Jalan Damansara to the Sprint Highway, which...
Developer promises wider roads in Sec 17
Lim (Left) and Ho standing next to a scale model of the Biji Living development.THERE will soon be wider lanes and new road access to help reduce traffic congestion in Section 17, Petaling Jaya, once the mixed-development project along Jalan 17/29 is completed.Named Biji Living, the 0.8ha freehold...
Old boys chip in for alma mater’s building project
Ong (sixth right) discussing the project’s progress with the old boys and redevelopment committee members near the construction site at St Xavier’s Institution in Lebuh Farquhar, Penang.THEY have no qualms about collecting funds among themselves when it comes to their alma mater in Penang.St...
57,503 new homes will be available in the state by 2023
MALACCA: A total of 57,503 affordable homes (RMM) will be made available in Malacca by the year 2023.Chief Minister Datuk Seri Idris Haron said 27,000 units of RMM homes will be constructed by state government agencies while 30,000 more units will be completed by private developers.He also said...
‘Proper retail mix’ ensures success of shopping malls
BY S. PUSPADEVIPETALING JAYA: The oversupply of retail malls in Malaysia seems to be a rising issue now with the industry not only witnessing similar tenancy mix and offerings but also sudden closure of businesses while some postponing their openings.Weak consumer sentiment, intense competition for...
Essential questions for property buyers
Curiosity is an important attribute for people who intend to buy and invest in properties.Visitors checking out the housing projects offered by Ideal Property Group exhibition booth at the StarProperty.my Fair 2016 at Gurney Paragon Mall. starpic by GOH GAIK LEE/ The Star/ 23July 2016.HOW do laws...
Good prospects for KL residences
Prices of residential properties continue to rise.By MAK KUM SHIWHILE Kuala Lumpur’s property market had remained subdued in 2015, residential property prices have continued to rise moderately.According to the Ministry of Finance’s Valuation and Property Services Department’s (JPPH) property...