News by EdgeProp

Commercial real estate investment in Asia Pacific rose 3% year-on-year (YoY) in 4Q2023 to US$31.6 billion (RM151.1 billion), reversing seven consecutive quarters of decreasing volumes.  

With an increasing demand for international schools offering primary and secondary education, we take a look at the link between international schools and residential property values. 

S P Setia Bhd has been honoured the Diamond Design awards for its townships of Setia Warisan Tropika in Sepang through its subsidiary Petaling Garden Sdn Bhd, and Setia Eco Templer in Rawang through Setia Eco Templer Sdn Bhd, at the Low Carbon City Awards 2023.  

Noteworthy:

• Built-up size: 2,416 sq ft
• Freehold
• 5 bedrooms, 5 bathrooms
• Semi-furnished
• Nearby amenities: Bukit Bintang MRT Station, KL Monorail stations (Raja Chulan, Imbi, Hang Tuah), shopping malls, F&B outlets, Taman Eko-Rimba KL (TERKL), Stadium Negara, Tung Shin Hospital, KLCC Park, various cultural/tourist attractions
• Accessibility: AKLEH, MRR2, Federal Route 1, MEX, SMART Tunnel, Jalan Pudu, Jalan Imbi, Jalan Sultan Ismail, Jalan Raja Chulan

When: September 2023

Noteworthy:

• Built-up size: 76,000 sq ft
• 10 bedrooms, 5 bathrooms
• Unfurnished
• Nearby amenities: Shops, factories, Setia Alam Wetland, residential areas, Shah Alam Community Forest trail
• Accessibility: West Coast Expressway, NKVE, Setia Alam Highway, Jalan Perindustrian Kapar-Meru

When: September 2023

Phase 2B of Senadi Hills’ non Bumiputera units were sold out shortly after its launch on Dec 18, 2023, while 86% of the balance Bumiputera lots were registered for.

Noteworthy:

• Built-up size: 4,200 sq ft
• Land size: 6,000 sq ft
• Freehold
• 7 bedrooms, 5 bathrooms
• Semi-furnished
• Nearby amenities: Ara Damansara LRT station, Saujana Golf & Country Club, CITTA Mall, Paradigm Mall
• Accessibility: Federal Highway, DASH, NSE, Subang-Kelana Jaya Link, Sungai Buloh Highway, KESAS

When: October 2023

Tropicana Foundation, the charity arm of Tropicana Corporation Bhd teamed up with subsidiary Tropicana Golf & Country Resort and partners, Vitahealth and Hazukido to bring joy to 200 old folks and children in four homes here.

Recognising the importance of embracing technology and sustainable practices, leading property developer UDA Holdings Bhd is committed to strengthening digitalisation and sustainability in its business practices and projects.

Noteworthy:

• Built-up size: 4,000 sq ft
• Land size: 8,761 sq ft
• Freehold
• Unfurnished
• Nearby amenities: MRT Semantan, MRT Pusat Bandar Damansara, Pavilion Bukit Damansara, DC Mall, Help University, schools, F&B outlets, shops, Pusat Sains Negara
• Accessibility: SPRINT - Damansara and Kerinchi Link, Jalan Tuanku Abdul Halim, Lebuhraya Sultan Iskandar

When: October 2023