News by M

With many new developments coming up, the Selayang secondary market for non-landed homes has soared. 

Knight Frank executive director James Buckley was quoted as saying that Malaysian real estate investments abroad had been “incredibly active” over the last five years, but was expected to slow down as a result of the weak ringgit.

Members said the proposal was unsuitable, citing the club’s historical value and the city's already numerous parks, as reasons for the objection.

Al-Salam REIT has a good combination of young and stable assets such as QSR Properties and KFCH International College (under triple net and step-up long leases) anchoring the earnings base, while newly refurbished Komtar JBCC provides much room for rental to play catch-up.

The most expensive address here is Selayang Point, with an average price of RM363 psf.

Ampang Park Shopping Centre owners have until Jan 31 to take up offer of a mutual agreement.

The residents committee received a letter from the Johor Baru land administrator’s office dated October 15, stating that the acquisition process had been cancelled.

Cambridge has been experiencing the highest house price growth in the country, rivalling even that of overpriced London.

IOI Properties Group Bhd plans to take advantage of the current poor market sentiment to increase its land bank.

The Selangor portion of Selayang, north of Kuala Lumpur, is a fairly mature suburb where the mass market remain fairly affordable.