Wednesday, 11 May 2016

Country Garden launching phase two of Diamond City

Country Gardens Properties (M) Sdn Bhd will be launching the first parcel of phase two of Diamond City township development in Semenyih Selangor. It comprises 60 units of 2-storey terraced houses with built-ups ranging from 1,862sf to 2,097sf. The price starts from RM618,688. The house comes with four bedrooms and three bathrooms and set for completion in 2019.

(The edge property, 29/04/2016)

Redevelopment work on Plaza Rakyat expected to start in June 2017

The Plaza Rakyat project was abandoned in 1997 during the Asia-Pacific financial crisis and after the developer Plaza Rakyat Sdn Bhd ran into financial problems. The redevelopment by Profit Consortium Sdn Bhd will commence in June next year. The depositors or beneficiaries can make the claims by producing the sale and purchase agreement of the business lots.

(The edge property, 29/04/2016)

PNB to build a 118-storey skyscraper


Merdeka PNB118, the 452m tall tower is expected to become not only the highest building in the country but in the entire ASEAN region when it is completed by 2020. The upcoming tower with the GDV of RM5 billion will contain around 1.7 million square feet of office space upon completion, adding to the 4.8 million square feet of office space coming from other developments which will be ready by 2019. The existing office oversupply condition would be worsened in 2019.

(Property Guru, 29/04/2016)