When an established area expands its boundaries rapidly, it is inevitable that certain parts of it seek an identity of their own.

KUALA LUMPUR: Sunrise Bhd posted net profit of RM43.15 million in the fourth quarter ended June 30, 2009 and it iis confident of its prospects for the new financial year given its substantial locked-in unbilled sales."Unbilled sales from ongoing projects amounted to RM971 million as at June 30, 2009.  Profits from these future billings will be recognised over the next two financial years and wi

PETALING JAYA: Property development in Cheras, Kuala Lumpur is inching southwards towards Balakong, Selangor, creating an area dubbed Cheras Selatan. Once mostly industrial, the landscape is fast acquiring a commercial face, with Jusco Cheras Selatan as the catalyst.

KUALA LUMPUR: Small-capitalised property stocks rose in active trade on Aug 13 on further signs of a recovery in the sector, underpinned by several transactions undertaken by Mah Sing Group Bhd, Felda and Hap Seng Consolidated Bhd.Major gainers were Guoco Land Bhd, IJM Land Bhd, Hunza Properties Bhd and Eastern & Oriental Bhd.

KUALA LUMPUR: Mah Sing Group Bhd has acquired a 115-acre land in Cyberjaya, the information communication technology (ICT) township, with plans for a medium to high end residential development.The group entered into a sale and purchase agreement on Aug 12 with Cyberview Sdn Bhd and Setia Haruman Sdn Bhd to acquire the land located near Limkokwing University of Creative Technology, for RM130.5 m

KUALA LUMPUR: Small capitalised property stocks and lower liners advanced in the morning session on Aug 13 as investors bargain hunted for laggards which would benefit from an economic recovery and pick up in property.The broader market reflected the brighter outlook as advancing counters beat decliners by a margin of 3.6 to 1, underpinned by nibbling of lower liners and penny stocks.At 12.30pm

KUALA LUMPUR: The Real Estate and Housing Developers' Association Malaysia (REHDA) is still cautious about the outlook for the property sector despite some positive signs have appeared, especially among residential properties.REHDA president, Datuk Ng Seing Liong said on Aug 11 total property transactions declined to 79,149 in the first quarter of this year (1Q09) from 80,163 a year ago.

KUALA LUMPUR : Malaysian Resources Corp Bhd (MRCB) is undertaking a RM2.14 billion mixed development within the Kuala Lumpur Sentral enclave.

In Glenmarie, Shah Alam  Rush for Temasya Suria superlink homes Desmond Goh read in The Edge some time ago about a developer’s plan to build “two-generation” link houses near the established Subang Jaya township.

In Bandar Kinrara, Puchong  As this paper goes to print, a group of about 70 eager home buyers are camping out at the Perumahan Kinrara Bhd sales office in Bandar Kinrara, Puchong, Selangor.The queue started with some 20 people early on July 29.