News by M

The group entered into a sale and purchase agreement with Chong Khoon Lin Sdn Bhd to acquire the four adjoining parcels of freehold land with internally generated funds.

‘The Waves’ comprises serviced apartments, retail mall and hotel.

The strata market is diverging into two-tiers. Price growth has stalled in the higher-end segment that targets Singaporeans or Malaysians working in Singapore, due to oversupply. In the mass-market segment, average transacted prices continue to grow.

Chief Minister Lim Guan Eng said the state government would be informing the people of the procedures, time and place to access the documents beginning this Thursday.

Residents of Bukit Indah benefit from the direct bus from the Bukit Indah Bus Interchange to Jurong East and Boon Lay MRT stations in Singapore.

The sale of KWAP’s 18-storey office building at 88 Wood Street, for which it paid £215 million in 2013, is under way, and comes as Malaysia struggles with plunging oil prices and a battered ringgit, the financial daily says.

State infrastructure exco Zaidy Abdul Talib said this was to ensure that the state had maximum accessibility, fewer traffic jams and more alternative routes.

This was because even though PKNP’s affordable housing units in D'Aman Residensi and Casa Kayangan in Meru Raya, priced between RM150,000 and RM299,000 each, were fully booked when they were launched in May last year, some applicants had to cancel because they were unable to secure housing loans.

While new developments are increasingly more upmarket, the secondary market in Johor Bahru is still concentrated in the mass-market segment.

The pilot project for Komtar by PDC Setia Urus, which manages the building, is part of a larger effort to get Penang ready for the green practice that will be enforced statewide on June 1.