All eyes and ears on second MRT
By THE STAR KUALA LUMPUR: The second mass rapid transit (MRT) line, which circles the Kuala Lumpur city centre (KLCC) orbital and known as the “circle line”, is already in the final planning stage. The details are expected to be announced in March. “Its alignment must depict the current and future business districts in Kuala [...]
Glomac rides on niche projects
By THE STAR PETALING JAYA: Glomac Bhd, a medium-sized property outfit, is on an exciting growth path as it undertakes more niche developments with fast turnaround time in Greater Kuala Lumpur. The company has a broad range of affordable to higher-end projects. Its 13 ongoing projects include townships in Sungai Buloh and Rawang in Selangor [...]
Property loans growth may taper off
By BERNAMA ECM Libra Investment Research expects the loans growth to taper off in anticipation that property sales growth may slow down in late 2011. Residential and non-residential property loans which accounted for 44 per cent of loans growth in 2010 are already showing signs of growth moderation, it said in a research note today. [...]
SP Setia remains a ‘sell’, says ECM
By BERNAMA SP Setia Bhd remains in the ‘sell’ zone despite the positive acquisition of a 106.2 hectare (262.5 acres) land in Tebrau, Johor, last Friday, ECM Libra Investment Research said today. It target price was at RM6.00 per share. “We are not imputing any earnings from this new project into our model yet, until [...]
Sunway adds shine to REITs
By BUSINESS TIMES The real estate investment trusts market is expected to be an attractive investment with positive macro economy numbers and higher disposable income. MORE property groups are likely to set up real estate investment trusts (REITs) in Malaysia this year as the market continues to stay attractive, said the manager of a major [...]
TTDI Adina, Shah Alam Serviced Apartments from RM240,000
TTDI Adina, Shah Alam Serviced Apartments from RM240,000. Now open for sale. We invite you to change your perspective. Official launch on 29 – 30th January 2011, 10 am – 6pm @ Naza TTDI Sales Office, Seksyen 13 Shah Alam. Serviced apartments from 660 sq ft to 1,181 sq ft, prices from RM240,000. Developed by [...]
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