Editor's Pick
High Court rules that common areas in Centrestage PJ belong to Joint Management Body
The High Court has ruled that the Joint Management Body (JMB) of Centrestage Petaling Jaya had the right to claim certain areas in the development as common areas and not private areas belonging to the developer and the purchaser.
DONE DEAL: Bungalow, Bukit Damansara, Kuala Lumpur
Noteworthy:
- Freehold
- Built-up size: 3,000 sq ft
- Land size: 6,111 sq ft
- Unfurnished
- 5 bedrooms, 4 bathrooms
- Nearby amenities: MRT Semantan, MRT Pusat Bandar Damansara, Pavilion Bukit Damansara, DC Mall, Help University, Cempaka International School, Stella Maris International School, Plaza Damansara
- Accessibility: SPRINT-Damansara and Kerinchi Link, Jalan Tuanku Abdul Halim, Lebuhraya Sultan Iskandar
When: April 2024
DONE DEAL: Terrace house, Taman Kajang Mulia, Kajang, Selangor
Noteworthy:
- Freehold
- Built-up size: 1,300 sq ft
- Land size: 1,080 sq ft
- Semi-furnished
- 3 bedrooms, 3 bathrooms
- Nearby amenities: Kajang Hospital, KPJ Kajang Specialist Hospital, Metro Point Complex, Plaza Metro Kajang, Kajang High School, MRT Stadium Kajang
- Accessibility: Jalan Semenyih, Jalan Cheras, CKE, Pintasan Kajang-Semenyih Bypass, SILK via Pintasan Kajang-Semenyih Bypass
When: January 2024
Average KL price of new apartment hits RM582,887, surpasses national average — Juwai IQI
Meanwhile, the average sub-sale price of houses across Malaysia in the first quarter of 2024 was RM521,614, Juwai IQI said.
Homes near electrical lines and substations may not always pose lower values
Living next to a power station or electrical transmission lines is a reality for some Malaysians. As with anywhere in the world, proximity to such infrastructure raises numerous concerns.
DONE DEAL: Commercial complex, Viva Mall, Cheras, Kuala Lumpur
Noteworthy:
- Freehold
- Built-up size: 12,477 sq ft
- Unfurnished
- Nearby amenities: Miharja and Maluri LRT stations, Chan Sow Lin MRT station, CIDB Convention Center, Fraser Business Park, various residential developments
- Accessibility: Jalan Loke Yew, Jalan Cheras, MEX, SPE, Sungai Besi Expressway
When: December 2023
DONE DEAL: Condominium, myHabitat, Jalan Tun Razak, Kuala Lumpur
Noteworthy:
- Freehold
- Built-up size: 603 sq ft
- Fully furnished
- 1 bedroom, 1 bathroom
- Nearby amenities: Ampang Park MRT station, Intermark Mall, KLCC Park, The LINC KL, Suria KLCC, Petronas Twin Towers, Pavilion KL, The Royal Selangor Golf Club, The Exchange TRX, TERKL
- Accessibility: Jalan Tun Razak, Jalan Ampang, AKLEH, MRR2, KLCC Tunnel
When: November 2023
Grade A prime office spaces continue to be in demand — JLL (Malaysia)
KL City experienced a noticeable improvement with the vacancy rate dropping from 30.2% in 4Q2023 to 28.7% in 1Q2024.
ECRL system installation works to start in May
This is because the track installation works from Gebeng, Pahang to Dungun, Terengganu along 92km had been fully completed.
