News by Racheal Lee

The Netizen has a gross development value of RM750 million and will be launched in November, said managing director Datuk K C Lim.

CITP to create industry players that can compete in international arena.

Industrialised building systems will help developers stay competitive

Section 13 in Petaling Jaya has seen much transformation in the past few years under the revised Special Area Plan, which aims to promote self-sustainability. And it is set to undergo more change with the launch of several mixed-use developments.

Property prices in Kuala Lumpur, Penang and Johor have outstripped the national median housing price of RM242,000, which is already considered "seriously unaffordable" at 4.4 times the national median annual household income of RM55,020.

Goh Youn Peng says the developer is targeting local and foreign high-net-worth individuals for its condominiums in Jalan Stonor, which will be much larger than the average size available in the KLCC area.

In the session entitled: "Perspective and aspirations of younger property market leaders" at 18th National Housing & Property Summit today, Eupe Corporation Bhd's group managing director Datuk Beh Huck Lee said the traditional model of construction needs to change.

Urban Wellbeing, Housing & Local Government minister Datuk Abdul Rahman Dahlan said the functions of this unit is to understand the needs and challenges of developers, and hence providing solutions to issues faced by developers.

Chris Forbes, head of funds management (Australia) at LaSalle, noted that this is an excellent long-term investment opportunity for Bayerische Versorgungskammer in Melbourne’s northern growth corridor.

Initially an industrial enclave, the change in Section 13’s identity over the years has resulted in some people calling it PJ Central, due to its location and easy access via highways such as the Federal Highway, Lebuhraya Damansara-Puchong and Sprint Highway