News by Natalie Khoo

The 17% increase was largely due to the gain on disposal of the 50% equity interest in Sime Darby Sunsuria Development Sdn Bhd amounting to RM157.2 million

The parcel was described by Kwasa Land – a unit of the Employee Provident Fund – as “extremely strategic” given that it is just 200m away from the central business district, where two MRT stations are located.

The freehold Suriaman 3 homes will have a built-up of 2,766 sq ft, four bedrooms and four bathrooms.

The 314 units of apartments have built-ups ranging from 926 to 1,268 sq ft, and come with two parking bays. Prices range from RM291,800 to RM614,800.

Property prices in Kuala Lumpur, Penang and Johor have outstripped the national median housing price of RM242,000, which is already considered "seriously unaffordable" at 4.4 times the national median annual household income of RM55,020.

Members of the public are welcome to watch them duke it out from 8am on Aug 22, and light refreshments will be served.

Just two more days until The Edge-Mah Sing Millionaire grand finale at Southville City @ KL South sales gallery this Saturday.

India developers are shrinking their apartments and cutting corners without reducing prices per square feet to make their prices more palatable in a sluggish market, he said in a recent statement.

The finalists will battle it out at a grand finale that will take place at the Southville City @ KL South sales gallery in Bangi this Saturday.

Awarded the 2014 UDIA NSW Concept Design award, the 20-storey, 401-apartment Infinity by Crown Group challenges conventional residential apartment design with a unique looped shape and 1,180 sq m open-air garden plaza surrounded by retail outlets, restaurants and cafés.