BBCC, rejuvenating the city centre
“BBCC will be counting a lot on connectivity. Forget about cars, the future is going to be the rail lines including the KL-Singapore High Speed Rail”
“BBCC will be counting a lot on connectivity. Forget about cars, the future is going to be the rail lines including the KL-Singapore High Speed Rail”
The real estate market outlook for Penang till the end of this year seems rather uncertain due to weak market sentiments in both the primary and secondary markets. This is expected to lead to poorer performance this year, according to Henry Butcher Malaysia (Penang) Sdn Bhd.
The freehold project comprises 352 units of 3-bedroom and 2-bathroom apartment units with a built-up size of 900 sq ft. Each comes with two parking bays. Prices start from RM307,000.
The development is accessible via the North-South Expressway, New Pantai Expressway, Kuala Lumpur-Seremban Expressway and Shah Alam Expresway.
The high speed rail is now the talk of the town as investors and the public are eager to find out how it would impact the Malaysian property scene and to find out where they can put their money.
Believing that connectivity is absolutely vital, BBCC Development Sdn Bhd said the developer will be investing RM30 million into creating the central transport hub located within the Bukit Bintang City Centre (BBCC) development, said its chief executive officer, Datuk Richard Ong.
Sold for: RM2 million (RM738 psf); Concluded by: May Hwa (REN 02007) of Reapfield Properties Sdn Bhd (017-249 1112); When: Feb 2016
S P Setia Bhd’s unit, Setia EcoHill Sdn Bhd, has inked an agreement with R.E.A.L Education Group Sdn Bhd to have its early childhood education provider R.E.A.L Kids set up a centre at Setia EcoHill in Semenyih.