KUALA LUMPUR (Nov 30): Gamuda Land unveiled on Thursday, its first hotel project, ASAI Gamuda Cove. The hotel is part of the 1,530-acre Gamuda Cove township development in Selangor and will be managed by Dusit Hotels and Resorts, the hotel arm of Thailand-based hotel and property development company Dusit International. Comprising 280 rooms across 13…
Read MoreWith the expansion of the Klang Valley Integrated Transit System, savvy property buyers are securing homes near train stations to take advantage of the current and future rail connectivity. Train station is the new “location” now for property hunting. That is not surprising as living near a light rail transit (LRT) station or mass rapid…
Read MoreWong, Azmir, Lee, Lim and Lam during the judging session. High quality of entries posed a tough challenge for judging panel By YANIKA LIEW AS the crowd gathered at the StarProperty Awards 2023 Realtor Edition gala night, the spotlight fell on the faces behind the awards. Taking pride in their holistic and equitable process, the…
Read MoreKUALA LUMPUR (Nov 29): Keretapi Tanah Melayu’s (KTM) Komuter service and Electric Train Service (ETS) are experiencing disruptions of between 15 and 30 minutes from the original schedule on Wednesday due to a train derailment incident at the Klang Valley Double Tracking project engineering 1 (KVDT1) at KM387.755 between the Kuala Lumpur Station and KL…
Read MoreKUALA LUMPUR (Nov 29): Malaysia Building Society Bhd’s (MBSB) net profit dropped 44.3% to RM32.84 million or 0.46 sen for the third quarter ended Sept 30, 2023 (3QFY2023), from RM58.96 million or 0.82 sen a year earlier. The group said earnings were dragged down by higher operating expenses of RM170.6 million and net impairment allowance…
Read MoreRENs share their experiences and views The challenges faced in the tumultuous year gave rise to a period of success for many in the real estate sector. The StarProperty Awards 2023 Realtor Edition emerged as a beacon, acknowledging real estate negotiators (RENs) for their unwavering efforts and determination. Here’s a glimpse into the sentiments shared…
Read MoreGEORGE TOWN: There are 2,947 property units categorised as “overhang” or unsold in Penang as of the third quarter of this year (3Q 2023), said state Housing and Environment Committee chairman Datuk Seri S. Sundarajoo. According to the National Property Information Centre, 503 of the unsold units are priced below RM300,000, or 17 per cent…
Read MoreBayu Avenue comprises 16 units of double-storey shop offices. SELANGOR: SP Setia has announced the launch of Bayu Avenue, the third phase of commercial development in its Setia Bayuemas township. The new units comprise 16 freehold double-storey shop offices, with an RM21.86mil gross development value (GDV). Priced from RM1.15mil, the shop offices are 22ft by…
Read MoreKUALA LUMPUR (Nov 29): IJM Land Bhd announced the groundbreaking of Lotus’s hypermarket at its IJM Rimbayu township development in Selangor in a press release on Wednesday. The hypermarket has a 30-year lease term and is set to be completed in 4Q 2024. IJM Land CEO Datuk Wong Tuck Wai said, “The commencement of Lotus’s…
Read MoreKUALA LUMPUR (Nov 28): KLCCP Stapled Group’s net profit rose 4.96% to RM185.34 million in the third quarter ended Sept 30, 2023 (3QFY2023), from RM176.59 million a year ago, on improved hotel and management services while the office segment remained steady. The group — comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust…
Read More
