Developers of luxury condo hardest hit

By THE STARAnalysts say property firms need new launches to boost sales PETALING JAYA: The impact of the current economic downturn on property companies depends on the sub-segments that they are exposed to, with developers of luxury condominiums likely to take a much bigger hit, say analysts. Developers also need to boost sales via …
Freebies, low interest rates pamper house buyers
By THE STARIT looks like potential house buyers are having the best deal ever — they are being courted by developers who are eager to seal more sales by offering better terms, including freebies, as well as financiers who have brought down interest rates to among the lowest since 1980. At rates as low as [...]
Reviewing Malaysian REITs
By THE STAR THE Malaysian real estate investment trusts (MREITs) were launched in 2005 after REITs in general hit the stock markets in Japan, Hong Kong and Singapore. Within a year 10 REITs were launched, one repackaged with another two oldies remaining, making up 11 REITs. Before the global financial turmoil in 2008, the MREITs [...]
Sime Darby sells 700 homes from 3rd showcase
By THE STARPETALING JAYA: Sime Darby Property Bhd has clinched sales of over 700 units worth RM500mil from its third series of Parade of Homes showcase launched last month. Managing director Datuk Tunku Putra Badlishah said the company’s initial target sales was RM600mil for the third showcase that runs till June 15. It had RM800mil [...]
Bandar Saujana Putra, Link Terrace House, Puchong, Selangor, LBS Bina

Bandar Saujana Putra, Link Terrace House, Puchong, Selangor, LBS Bina
Bukit Angkat Semi-D Factory, Kajang, GB Land

Bukit Angkat Semi-D Factory, Kajang, GB Land




