PROPERTY SNAPSHOT What’s hot in Kerinchi/Pantai?
In the upper-middle class segment, prices at The Park Residences in Bangsar South rose 16.4% y-y to RM726 psf over the same period
Household items of tax defaulters will be seized, warns PJ council
MBPJ has identified 1,822 households that have failed to pay their assessment tax for 2014
Paramount bids for RM2 bil property projects, targets RM600 mil sales
Group chief executive officer Jeffrey Chew Sun Teong said Paramount had six on-going projects
Atria developer in a bind over obligations to PJ council
The soft opening for the Atria Shopping gallery was on May 28 and the entire project is set for completion by the end of the year
PROPERTY SNAPSHOT What are projects priced in Kerinchi/Pantai?
Based on transactions analysed by theedgeproperty.com, the average price psf of non-landed residences in the Kerinchi, Pantai and Bangsar South areas was RM421 psf in 3Q2014
Hua Yang on track to build high-rise mixed-use development RM800 mil project in Selayang
Land will be purchased entirely by cash of RM120 million, which will be raised through internally-generated funds or from the Sukuk Murabahah programme or a combination of both
TA Global commences arbitration proceedings
Against Prince Alwaleed’s KHI relating to breach of SPA, concerning resort property in Thailand
PROPERTY SNAPSHOT What’s affordable in Kerinchi/Pantai?
Based on theedgeproperty.com’s analysis of transactions in the 12 months to 3Q2014, the RM100,001 — RM200,000 price range accounted for the largest market share of transactions (21.3%), and comprise mostly low-end flats
Prinsiptek expects better earnings beginning 2HFY15
Prinsiptek currently has a construction order book of RM600 million, which should last it between three and five years
