News by EdgeProp

Based on transactions analysed by theedgeproperty.com, the average price psf of condominiums and apartments in the area was RM444 psf in 3Q2014, up 19.3% y-o-y.

The group attributed the drop mainly to the decrease in revenue recognition form the sales of industrial properties, which generally demanded a higher profit margin

Bukit Jalil is quite diverse in character

Ekovest Bhd, which is currently operating the 18km DUKE and is now completing the 16km DUKE Phase 2, is in talks with 1Malaysia Development Bhd for the realignment of the highway

WCT Malls Management Sdn Bhd, the mall’s manager, however, seems unperturbed by the drop in about 8% of its nett leasable area in a retail market that is being choked by low sales as consumers remain low-spirited

One of the biggest upcoming projects is the 50-acre Bukit Jalil City integrated development, a joint venture between Ho Hup Construction Co Bhd and Malton Bhd

The condo’s facilities include a gymnasium, swimming pools, jogging path, courts for tennis, squash and badminton, a playground, barbecue area, and a covered car park

According to the group, Zurich Insurance Malaysia Bhd have mutually agreed to extend the purchase completion of the land, which fronts Middle Ring Road 2 (MRR2), for a further three months to Oct 31, 2015 due to the said reasons

One more hurdle awaits them in the form of the “Survivor Challenge” competition, where the finalists have to outwit each other through simple knowledge and physical games, to be crowned Malaysia’s newest millionaire

In a filing with Bursa Malaysia yesterday, IUBB said the acquisition was to boost its investment into the property development sector as I-Platinum had a joint-venture with UDA Holdings Bhd to develop two parcels of land on Jalan Seri Tanjung Pinang, Penang Island