Property & Real Estate around you
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Radium Arena at Old Klang Road: 988 freehold units in two towers
Radium Development Berhad is building Radium Arena, a freehold residential project on about 3.03 acres along Old Klang Road in Kuala Lumpur. It has 988 units across two towers of about 40 storeys each, sized 658 to 920 sq ft, with an eight-storey business podium and over 30 lifestyle facilities. The developer says it has provisional GreenRE Gold certification.
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Businesswoman says she was duped into buying Bumiputera-quota shop lots in Damansara
A woman in her 60s claims she was misled by a developer into buying two commercial shop lots in Damansara in 2010 that were actually Bumiputera-quota units. The status only surfaced when she tried to sell the premises, and she now faces a transfer penalty to the Selangor state government. MCA and SOAM are pressing for an investigation under Section 420 of the Penal Code.
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Paramount Corp opens 11th Co-labs Coworking outlet at Sunway Square
Paramount Corp Bhd has opened its eleventh Co-labs Coworking outlet at Sunway Square Corporate Tower 1 in Petaling Jaya. The 19,000 sq ft space on Level 9 offers 268 seats and is currently 30% occupied, with two more multinational companies expected to bring it to 50% by month-end. Two more outlets are planned next year in Johor Bahru and the Klang Valley.