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Sunway Velocity Mall, KL is set to open this December 8. It expects to achieve full occupancy by 2H2017, said Sunway Malls and Theme Parks CEO H.C. Chan.

It was reported in The Edge Financial Daily today that Sogo (KL) Department Store Sdn Bhd (SKLDS) has identified several new locations it plans to open in the coming years.

Kuala Lumpur City Hall (DBKL) will be implementing a congestion charging system in the city centre after the mass rapid transit (MRT) Line 1 commences operations.

Singapore-based Beverly Group Sdn Bhd — a subsidiary of Singapore-registered Qingdao Investments Pte Ltd — will be unveiling Lexa Residence in Wangsa Maju, Kuala Lumpur on Sunday, 2 October 2016.

LATEST UPDATE ::: 710 units were sold on the first day of Pre-Launch on 8 October 2016.

The landscape of Bukit Jalil has changed tremendously over the years. The upcoming landmark in the area is Bukit Jalil City, which is a 50-acre freehold integrated development jointly developed by Malton Bhd and Ho Hup Group, who is also developing its own 10-acre development annexed to it.

There has been a significant decrease in new project launches from 9,938 units in 2H2015 to 7,172 units in 1H2016 while sales have dipped from 52% in 2H2015 to 39% in 1H2016, said Real Estate and Housing Developers’ Association (REHDA) president Datuk Seri Fateh Iskandar Mohamed Mansor in his presentation of the Rehda property industry survey 1H2016 to the media today.

Putrajaya is risking a subprime crisis if it lets developers assume the role of housing loan creditors who are allowed to charge quadruple the interest rates offered by banks, the National House Buyers Association (HBA) warned.

SkyWorld Development Sdn Bhd is expecting its latest high-rise residential development SkyLuxe on the Park @ Bukit Jalil to be fully sold within this year, said its executive director and chief operating officer Lee Chee Seng.


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