News by Lum Ka Kay

Located in Sun Street, London, prices of the one-bedroom apartment units start from £725,000 (RM3.98 million) and will be completed by the summer of 2020.

Interestingly, Johor’s residential transaction volume has not decreased as much as Kuala Lumpur’s and Selangor’s, noted TheEdgeProperty.com Malaysia product and business development director Alvin Ong during his presentation on the Johor housing market at TheEdgeProperty.com “lou sang” networking dinner with property industry players in Johor.

S P Setia Bhd will launch its final block of D’Camellia affordable apartments at Setia EcoHill, Semenyih, Selangor this weekend (Jan 21 and 22).

Sold for: RM838,000 (RM520 psf); Concluded by: Nelson Leong (REN 15269) of Cornerstone Realty (012-813 1889); When: August 2016

The project is located along Jalan Pahang and DUKE Highway 2 and accessible via Jalan Tun Razak.

This year will see all eyes — including property developers’ — on affordable housing priced between RM400,000 and RM500,000, said property consultancy firm CBRE | WTW.

Due to an oversupply, high-end strata properties particularly Small-office Home-office (SoHo) and Small-office Virtual-office (SoVo) units could see prices falling by at least 10% this year, according to property consultancy CBRE | WTW.

By 2030, Asia’s burgeoning smart home market will grow to US$115 billion (RM513 billion), accounting for 30% of the global share, according to global management consulting firm A T Kearney.

Having been in the real estate sector for over 20 years, Homefield Real Estate Sdn Bhd director Munirah Mohammad believes there is no replacement for hard work when it comes to serving customers.

Ever since the emergence of home-sharing start-ups, many property owners have been getting in on the home-sharing economy by converting their homes, be they houses or apartments, into short-term rental stays.