News about development

Property and infrastructure sector Maintain overweight on infrastructure sector while neutral on property sector.

The grand old Sentul neighbourhood has seen more futuristic-looking additions to its skyline since YTL Land and Development Bhd rolled out its Sentul Masterplan 13 years ago.

PETALING JAYA (July 6): Daya Land & Development Sdn Bhd, an indirect subsidiary of Daya Materials Bhd, has proposed to dispose of its 51% stake in Semangat Global Sdn Bhd to Highstar Realty Sdn Bhd for RM3.

    Setapak, a large and established suburb in the district of Gombak, Kuala Lumpur, has seen the average values of its high-rise homes outpace that of Kuala Lumpur’s on the back of a strong rental market, affordability and good access via road and light rail transit.

A mere 13 years ago, YTL Land & Development Bhd (YTL Land) kickstarted a multi-billion ringgit urban renewal project in Kuala Lumpur’s Sentul district, with its historic pre-war shophouses, temples, churches, public housing and the old Malayan Railway train depot .

Eco World Development Group Bhd (June 22, RM1.

• Following from last week’s focus on Kuala Lumpur’s Jalan Ipoh, we take a look at non-landed residences in the neighbouring Sentul area this week.

IT is one of the oldest arterial roads in Kuala Lumpur: Jalan Ipoh stretches from the Jinjang and Segambut neighbourhoods to the older heart of the city near Sentul, Titiwangsa and Chow Kit.

KUALA LUMPUR (June 19): One of Kuala Lumpur’s oldest roads, Jalan Ipoh winds through the neighbourhoods of Jinjang and Segambut until Sentul.

PETALING JAYA (June 18): Eco World Development Group Bhd (Eco World) shares rose 8 sen or 5.