News by EdgeProp.my

Retail Group Malaysia (RGM) managing director Tan Hai Hsin: We expect store closures to accelerate after Sept 30 when the moratorium ends.

Mah Sing founder and group managing director Tan Sri Leong Hoy Kum stressed that the company is currently focused on converting the RM1.6 billion bookings into sales as well as clearing the existing stocks and to catch up with the construction progress of existing projects.

The government received the money in its escrow account yesterday

Dubbed Cassia and Delia (both within Precinct 2) the freehold development comprises single-storey and double-storey terraced houses with built-up sizes starting from 1,229 sq ft and 2,150 sq ft, respectively.

One of the most anticipated upcoming high-rise projects on the fringes of Kelana Jaya is Sunway Serene, which is located at Jalan SS8/2.

For those scouting for properties with good rental yield, what should they be looking for?

Built on a 4.3-acre land with a total estimated gross development value (GDV) of RM66.92 million, Irina comprises 394 units with built-ups ranging from 750 sq ft to 1,000 sq ft. The project is expected to be completed in 2023.

Sime Darby Property group managing director Datuk Azmir Merican: We are targeting a 30% to 40% lower sales target compared to FY2019, which translates to about RM1.4 billion.

Ampang Jaya Municipal Council (MPAJ) revealed that between July 2 and Aug 13, only 404 businesses out of 1,396 “fully complied with the SOP”.

Rented for: RM1,700 (RM3.09 psf); Concluded by: Meifen Low (REN 06451) (012-653 0714) of One WSM Property Sdn Bhd; When: July 2020