News by Natalie Khoo

The township continues to attract upgraders despite housing prices having spiked as much as 300% since 1999.

Malaysia and Singapore have signed a Memorandum of Understanding (MOU) to work towards commencing the Kuala Lumpur-Singapore High Speed Rail (HSR) operations by 2026.

The latest tower features 327 units with eight types of built ups ranging from 977sq ft to 1,359 sq ft. Priced from RM598,000, it is targeted to be completed by 2020.

The four-storey commercial building with a basement, which is located near the Central Market, was sold via an open tender by its owner the OCBC Group, with the tender closing on May 27 last year.

The proposed development of nine blocks of high-rise homes on a 12-acre parcel next to the Taman Rimba Kiara in Taman Tun Dr Ismail (TTDI) is expected to worsen traffic congestion as the existing transport infrastructure is inadequate, said property agents and consultants.

Property developer S P Setia Bhd is set to launch its latest luxury condominium project in Taman Seputeh, Kuala Lumpur this September.

In view of the UK’s vote to leave the European Union (EU) last Thursday by a 51.9% majority, JLL London has pointed out a few property market implications to homeowners and investors in London.

The GEM Residences condominium jointly developed by Gamuda Land, Evia Real Estate and Maxdine Pte Ltd, in Toa Payoh, Singapore, has achieved a take-up rate of 55% since its launch on May 28, said Gamuda Land in a statement today.

Besides having energy efficient and eco-friendly features, Cheria Residences will also utilise the reinforced concrete panel technology construction method to ensure a high and consistent quality building structure.

Investors — including those in Malaysia — await the outcome with bated breath, given its far-reaching implications.