PROPERTY SNAPSHOT 4: What’s hot in Kota Damansara?
Buoyed by increasingly upscale developments such as Sunway Nexis and Cascades, capital values have appreciated moderately.
Buoyed by increasingly upscale developments such as Sunway Nexis and Cascades, capital values have appreciated moderately.
Among the other pricey projects were Casa Residenza (RM510 psf) and Cova Villa (RM432 psf), which are located in Taman Sains Selangor.
The most expensive project was I Residence, with an average price per unit at about RM605,000.
Muhammad Asid Abd Jalil, 35, was sentenced to 16 years’ jail and 30 strokes of the cane by the Magistrate’s Court here for 30 counts of cheating in the purchase and investment of auction homes, Bernama reported yesterday.
While Kota Damansara was originally developed as a low- to medium-cost housing estate, the neighbourhood is on the property investor’s radar due to its proximity to the heart of Petaling Jaya and next to the future Kwasa Damansara township.
When S P Setia Bhd drew up the plans for its corporate headquarters at Setia City commercial centre at its flagship township Setia Alam in Shah Alam, the developer knew it wanted an icon that signified its commitment to sustainable development.
Kepong will see a number of RumaWIP (Federal Territory Affordable Housing Policy) homes coming up over the next few years.
From the analysis of transactions by TheEdgeProperty.com, the average transacted price for non-landed homes in the secondary market was RM464 psf in 1Q2015, up 15.5% y-o-y.
Since its launch on May 25, 20 out of 52 units in the apartment project have been sold, said group managing director Datuk Lee Tian Hock at a media briefing.
Based on transactions analysed by TheEdgeProperty.com, the average price of non-landed homes in the area was RM464 psf in 1Q2015, registering a 15.5% growth from RM402 psf in 1Q2014.