News by Natalie Khoo

The transformation of a former golf course into a housing estate in Kajang has gone well for Tropicana Heights, with the first phase Fairfield Residences fully taken up and ready for handover in the first quarter of next year, says Tropicana Corp Bhd executive director Kelvin Choo.

The 2-storey houses have a gross development value (GDV) of RM308 million and were launched in March, while the 3-storey linked semi-dees have a GDV of RM 190 million and were launched in June.

Bran Castle’s colourful history can be glimpsed in every nook and cranny of 12th century castle. Perhaps it is most famous for its link to Dracula, the creation of Irish novelist Bram Stoker. Castle Dracula was said to be based on Bran Castle.

According to the agent, Zack Ng of Knight Frank, the bungalow was sold with most of its furniture and fittings.

With land prices only expected to go upwards, there will only be mostly launches that will be priced above INR one crore and above, said JLL India.

Its upmarket appeal is earning it a reputation as one of the most sought-after addresses in the Klang Valley.

More than 1,600 participants including children from three charitable homes took part in the 3.5km walk around Bangsar South on Sept 12.

The hotels will occupy two adjacent buildings and are located less than an hour from Johor and Singapore Changi airports. They are also within close proximity to the proposed high-speed rail station and technology park in Nusajaya.

According to the agent, the selling price for this unit is in line with the market price of RM730 to 750psf, depending on the property condition, level and view. It has a potential rental of between RM5,000 and RM6,000 per month and maintenance fee of RM0.30psf. 

Bangalore has surpassed Mumbai in this respect for the first time, taking the runner up position in this residential real estate inventory overhang with only the National Capital Region (NCR) ahead of it, said JLL.