PROPERTY SNAPSHOT 2: What’s affordable in Kota Damansara?
The most expensive project was I Residence, with an average price per unit at about RM605,000.
The most expensive project was I Residence, with an average price per unit at about RM605,000.
Recent confirmation of Datuk Khor Chap Jen as chief executive officer has removed the company’s leadership uncertainty.
Chan Sow Lin, an industrial area in Kuala Lumpur, has seen plenty of interest from developers in recent years. This is thanks to its close proximity to the upcoming Bandar Malaysia project as well as Dewan Bandaraya Kuala Lumpur’s plan to revitalise Chan Sow Lin and transform it into a neighbourhood of residential, commercial and industrial properties.
While Kota Damansara was originally developed as a low- to medium-cost housing estate, the neighbourhood is on the property investor’s radar due to its proximity to the heart of Petaling Jaya and next to the future Kwasa Damansara township.
When S P Setia Bhd drew up the plans for its corporate headquarters at Setia City commercial centre at its flagship township Setia Alam in Shah Alam, the developer knew it wanted an icon that signified its commitment to sustainable development.
The electricity bills are only going to go higher. Thus, we must be smart and adopt an energy-efficient lifestyle to reduce our energy consumption.
Homes above malls are looking more attractive.
Singapore-listed property firm UOL Group Ltd, which owns and operates the Parkroyal and Pan Pacific brands, will see its hospitality portfolio in Malaysia grow in the next two to three years as it adds two new hotels and expands an existing hotel asset in Kuala Lumpur.
Gamuda Land’s first Australian project in Melbourne — 661 Chapel St — has recorded a take-up rate of 30% since its launch in Kuala Lumpur in June last year.
From the analysis of transactions by TheEdgeProperty.com, the average transacted price for non-landed homes in the secondary market was RM464 psf in 1Q2015, up 15.5% y-o-y.