By average price per unit, the most expensive project was The Loft Private Residences at KK Times Square, at RM909,000. Developed by Asian Pac Holdings, the serviced apartment is part of the KK Times Square project, one of the first in a wave of recent high-end, mixed-use developments.
The lull in the market follows a period of appreciation when price growth was surpassed only by Kuala Lumpur and Penang leading to a flurry of development activity.
Organising chairwoman Amanda Goh said a diverse range of topics are planned for the convention, from the much sought-after market outlook to even a discussion on the psychology of selling. The event is expected to attract 400 participants.
The National Centre for Infectious Disease Control will be built at the site of the former leper settlement, near Sungai Buloh Hospital (HSB), in Selangor, after the houses there are demolished starting in June.
Hong Kong-listed Sino Haijing Holdings Ltd is investing RM280 million in Yong Tai Bhd under a corporate exercise and emerged as its new substantial shareholder with more than 33% of the voting rights.
As a wise property tycoon once said, “In danger lies opportunity”.
While the timeline for the initial public offering (IPO) has yet to be finalised, the sources said IWH is toying with the idea of a dual listing in Malaysia and Hong Kong.
MKH Bhd’s indirect subsidiary Amona Metro Development Sdn Bhd plans to acquire a 84% stake in Temara Pekeliling Sdn Bhd, the owner of a 1.5-acre (0.61ha) leasehold plot in Jalan Tun Razak, part of where the Pekeliling flats used to stand, for RM5 million.
Ipoh Mayor Datuk Zamri Man said the new committee was formed to improve overall efficiency in dealing with public complaints and feedback.
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