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DONE DEAL: Three-storey shoplot at SS2, Petaling Jaya, Selangor

Noteworthy:

  • Freehold
  • Built-up: 5,123 sq ft
  • Land size: 1,707 sq ft
  • Semi-furnished
  • Amenities: SS2 commercial district – banks, restaurants, cafes, etc, and malls – Paradigm Mall Petaling Jaya, Starling Mall, Atria Shopping Gallery and Giant Kelana Jaya
  • Accessibility: Lebuhraya Damansara-Puchong (LDP), Sprint Highway, New Klang Valley Expressway (NKVE)

When: December 2021

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DONE DEAL: Two-storey terraced house at M Residence 2, Rawang, Selangor

Noteworthy:

  • Leasehold
  • Built-up: 1,885 sq ft
  • Land size: 1,300 sq ft
  • 4 bedrooms, 2 bathrooms
  • Semi-furnished
  • Amenities: Gated and guarded, clubhouse, AEON Rawang, Tasik Puteri Golf and Country Club, Bandar Country Homes commercial hub and schools
  • Accessibility: North-Sourth Highway (PLUS), New Klang Valley Expressway (NKVE) and KL-Kuala Selangor Expressway (LATAR)

When: January 2022

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House collapses in Cheras, developer issued stop-work order by DBKL

According to Kuala Lumpur City Hall (DBKL) in a statement on Monday (May 23), this is due to the incident where a double-storey house was destroyed after a retaining wall at the project site shifted on Sunday (May 22). Additionally, DBKL also mentioned that the Fire and Rescue Department had ordered the occupants of six nearby houses to evacuate.

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Sustained recovery on Asia-Pacific prime office rents – Knight Frank report

The Asia-Pacific Prime Office Rental Index for 1Q2022 increased 0.8% quarter-on-quarter (q-o-q), after rising by 0.3% in the preceding quarter – indicating a sustained economic recovery from 4Q2021. This is despite a turbulent first quarter of the year with multiple resurgences of Covid-19 in several markets, accelerating inflation and the Russian invasion of Ukraine weighing down market sentiments, said Knight Frank.

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