Mah Sing's 1Q profit comes in at RM95m as M City, Icon City near completion
KUALA LUMPUR (May 26): Premier lifestyle developer Mah Sing Group Bhd posted a net profit of RM95.
Tien Wah, Lum Chang to jointly develop mixed-use project
KUALA LUMPUR (May 17): Printing firm Tien Wah Press Holdings Bhd is teaming up with Singapore-listed Lum Chang Holdings Ltd to jointly develop a 13,040 sq m piece of land in Jalan Semangat, Petaling Jaya, Selangor into a mixed-use commercial development.
Maintaining a culture of care
IN 1995, Alex Lee graduated from an advertising course from a local college but, he has never worked a day in the advertising industry.
An old housing estate’s potential
SOME of the older housing estates in Petaling Jaya, Selangor are like fine wine.
DONE DEAL: Glomac Centro at Kayu Ara, Petaling Jaya, Selangor
Rented for: RM1,800 Concluded by: Edmund Chin of Propstar Realty (012-339 1260) When: March 2016 Noteworthy: • Leasehold • Intermediate office unit on the first floor with washroom • Built-up area: 1,637 sq ft • Near institutes of higher education such as KDU, KBU and SEGi College; within 15 to 30 minutes’ drive to shopping malls such as 1 Utama, The Curve, IKEA and Atria Shopping Gallery • Surrounded by mature townships such as Bandar Utama, Damansara Utama and Damansara Jaya Glomac Centro is a mixed development comprising 2-storey shop offices and a block of 29-storey serviced apartments in Kayu Ara, Petaling Jaya.
MWE intends to sell 9 parcels of land, golf club stake to trim debts
KUALA LUMPUR (May 6): MWE Holdings Bhd intends to sell nine parcels of leasehold lands and its entire stake in MWE Golf & Country Club Bhd to Newfields Land Sdn Bhd’s wholly-owned subsidiaries for RM55 million and RM1 respectively.
Get your home loans first, location second, says property agency director
PETALING JAYA (April 1): In light of high loan rejection rates experienced by many homebuyers recently, Huttons One World Sdn Bhd real estate group executive director Daniel Goh said it is likely because youths may be focusing too much on getting their dream home in the perfect location when they should be focusing on getting their house loans approved first.
DONE DEAL: Cluster house at Kota Emerald West, Rawang
Sold for: RM685,000 Concluded by: Des Yap of Vivahomes Realty (016-220 2209) When: December 2015 Noteworthy: • Built up: 1,900 sq ft • Land area: 3,053 sq ft • Corner lot • Unfurnished • 4 bedrooms and 3 bathrooms • Gated-and-guarded scheme • 3km to Rawang Aeon and McDonald’s Kota Emerald West consists of 2-storey terraced houses and cluster houses (semi-detached homes that comprise four homes joined together, resulting in each house becoming a corner house).
Grabbing opportunities to grow
AXIS REIT Managers Bhd’s newly appointed CEO, Leong Kit May, enters the meeting room at the company headquarters in Menara Axis, Petaling Jaya, with a bright smile.
