Gamuda Land plans to launch its 810-acre Gamuda Gardens township development soon after the Chinese Lunar New Year.

To help set us on our way in our property investment quest in 2017, TheEdgeProperty.com asked 20 real estate consultants, agents and negotiators to tell us their choice of the best property investment locations in Greater Kuala Lumpur and Klang Valley for 2017.

The project delivery partner (PDP) for Klang Valley mass rapid transport (MRT) Line 1 yesterday confirmed that the RM21 billion cited by the government as the project’s total cost excluded “other associated costs”.

MRT 2 will begin works next year.

State local government, transportation and flood mitigation committee chairman Chow Kon Yeow said the state and Gamuda-led SRS Consortium, which appointed consultants Dr Nik & Associates Sdn Bhd to prepare the reports, abided by law when conducting the detailed environmental impact assessments (DEIAs).

The PTMP is expected to kick off the first phase of development involving reclamation, light rail transit and the highway in the first quarter of 2018 following the approvals from the federal government.

There are 573 double-storey terraced houses in phase 1 of Kundang Estates, with built-ups ranging from 1,733 to 2,434 sq ft. Prices start from RM570,000.

Jade Hills is a luxury gated-and-guarded residential development in Kajang.

The lower revenue was mainly because of lower revenue from its construction and property divisions, the effects of which were mitigated by toll rate hikes on certain expressways which boosted topline and profit before tax (PBT) in its water and expressway concessions division.

Gamuda Land, the property arm of Gamuda Bhd, plans to launch properties in four new townships over the next two years. The townships have an estimated total gross development value (GDV) of RM45 billion, said its group managing director, Datuk Lin Yun Ling.