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PETALING JAYA: Traders of a traditional Chinese market in Kuala Terengganu, who have been asked to move out of their decades-old trading area, received some Lunar New Year cheer to ease their hardships.
KUALA LUMPUR: United Overseas Bank (M) Bhd (UOB Malaysia) has announced the successful pricing and private placement of EXSIM Group’s RM365mil four-year Asean Green Sustainable and Responsible Investment (SRI) Sukuk Musharakah.
Overall house prices consolidated during the quarter under review, says Savills Malaysia associate director of research and consultancy Fong Kean Hwa when presenting The Edge | Savills Klang Valley High-Rise Residential Property Monitor for 3Q2022. The average asking price in prime city sub-markets (KLCC, Bangsar, Mont’Kiara) continued to contract year on year (y-o-y), he notes. “However, the average capital values declined much faster, widening the price gap. This indicates that buyers have strong bargaining power and that the property market is under pressure.”
BOUSTEAD Properties Bhd, the property arm of diversified group Boustead Holdings Bhd, is planning to redevelop the eCurve mall in Mutiara Damansara, Petaling Jaya, into a high-rise residential development that supports multigenerational living.