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Property News

  • Property News

    ERAT Residence achieves 20% take-up rate since March

    KUALA LUMPUR (July 10): Suntrack Development Sdn Bhd’s ERAT Residence, a condominium in Shah Alam, has achieved a 20% take-up rate since its soft launch in March. Suntrack Development chief executive officer James KK Tan said, “We understand that people go through different life events that sometimes require a shift in accessibility needs around the…

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  • Property News

    Beyond just yields: What is the rental trend for KL city centre today?

    Among the analysed projects, six have median asking rental prices that mostly fall under RM2,000–RM4,000, while three projects feature median asking rental prices ranging RM6,001–RM8,000. PETALING JAYA (July 10): The Kuala Lumpur city centre (KLCC), being the heart of the nation’s capital city, has naturally drawn strong demand for its properties. Deemed as a “blue-chip”…

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  • Property News

    Bank Negara Malaysia cuts overnight policy rate to 2.75%

    “While the domestic economy is on a strong footing, uncertainties surrounding external developments could affect Malaysia’s growth prospects,” BNM said. “The reduction in the OPR is, therefore, a pre-emptive measure aimed at preserving Malaysia’s steady growth path amid moderate inflation prospects.” KUALA LUMPUR (July 9): Malaysia’s central bank on Wednesday moved to cut interest rates…

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  • Property News

    Cut the rhetoric, make the talk real

    Sri Endah Flats is one of the 139 sites identified for redevelopment but residents are raising red flags. — RAJA FAISAL HISHAN/The Star Physical development in Kuala Lumpur must be balanced with social needs to ensure the city remains liveable and inclusive for all generations. And Kuala Lumpur’s rapid growth must be accompanied by adequate…

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  • Property News

    Econpile wins RM58m construction and material supply contracts for a project in Ara Damansara

    Econpile wins RM58m construction and material supply contracts for a project in Ara Damansara The two contracts follow four contracts worth RM145.96 million Econpile has secured this year. KUALA LUMPUR (July 4): Econpile Holdings Bhd (KL:ECONBHD) has secured two contracts worth RM57.94 million for construction services as well as material supply and delivery for a…

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  • Property News

    Malaysia urges global shift towards action-based urban cooperation

    Nga, in addressing over 75 mayors and city leaders from around the world, underscored the urgency for city-level action rooted in local implementation, and backed by innovation. PUTRAJAYA (July 4): Malaysia calls for a bold shift in global city cooperation, urging mayors and urban leaders to move beyond discussions and act on shared challenges through concrete…

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Laverra

Laverra

Laverra is a freehold serviced apartment development by Sri Damansara Sdn. Bhd., a subsidiary of Land & General Berhad, located...
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