Building was the tallest in KL during colonial times

The average transacted price per square foot (psf) rose 6.3% y-o-y to reach RM170 psf in 3Q2014. This follows 12% y-o-y growth in the preceding year.

LEAF Awards 2015 celebrates innovative international building design.

Team leader at MPG Property Solution swapped a five-figure income as a beautician to market projects.

Central Petaling Jaya’s Section 13 has been a hive of activity lately with mixed-use commercial developments.

In terms of sales, Matrix has performed exceptionally well, recording total sales of RM612 million for 9MFY15, which accounted for 98% of our total estimates of RM625 million.

Meliá Iskandar Malaysia is the first five-star hotel in Nusajaya, Iskandar Malaysia. Meliá Hotels International will also build a 150,000 sq m convention centre, the largest in Johor, between the two hotels. Construction is slated to start next year and completion will be in the first half of 2019.

The highest rental yields can be found at Paramount View in Taman Paramount.

Major shareholder Gapurna Sdn Bhd (16.7% stake) has committed to undertake 120 million new placement shares with the balance to be placed to institutional investors. The placement exercise is targeted to be completed by the second quarter of 2016.

The surge in house prices over the past few years is finally moderating.