News by Chin Wai Lun

Sime Darby Property Bhd has registered a 100% take-up rate for Phase 1 of its Elmina Green Six flexi-linked homes in the City of Elmina, Shah Alam.

While the main focus is on the significant connectivity improvement in the Klang Valley, the MRT 3 is also expected to be a catalyst to property developments around the areas of the MRT stations. 

Datuk Seri Michael Yam has been appointed as the new president of The Chartered Institute of Building (CIOB) for the 2022/2023 term.

S P Setia has revealed that it will be opening a new mall in its Setia EcoHill development in Semenyih. Named Setia EcoHill Mall, it is targeted to be opened on Sept 1.

Noteworthy:

• Freehold
• Built-up: 1,270 sq ft
• High floor
• 2+1 bedrooms; 3 bathrooms
• Fully furnished
• Facilities: Gym, cafeteria, squash and tennis courts, swimming pool, launderette and more
• Nearby amenities: Shopping malls and educational institutions

When: December 2021

Homebuyers can own their dream home with lower monthly instalments while enjoying greater cash flow for five years after vacant possession via the campaign. 

Noteworthy:

• Freehold
• High-floor location
• Built-up: 2,347 sq ft
• 3 bedrooms; 5 bathrooms
• Fully furnished
• Facilities: Art gallery, tennis and squash courts, pool deck, Olympic-sized swimming pools, Jacuzzis and sculpture garden
• Nearby amenities: International schools, medical centres, golf clubs, shopping malls, commercial hubs and offices

When: January 2022

The respondents also appear to have a better risk appetite for alternative investments in the next two to three years, Knight Frank said in a statement today. 

Sunway is shifting its focus to the northern region in the coming years starting with the RM500 million expansion of Sunway Carnival Mall in Penang.

The Malaysian Real Estate Investment Trust (REIT) Managers Association (MRMA) has elected Pavilion REIT Management Sdn Bhd CEO Datuk Philip Ho Yew Hong as the new chairman for a two-year term at its annual general meeting on June 16.