Up until recently, the property market in Cheras has consisted predominantly of mature, middle-class condominiums and apartments.

EWI’s property projects in London and Sydney had already collectively secured cumulative sales of £712.5 million as at Jan 31, 2016.

The most expensive project was Vistaria Residensi with an average transacted price of about RM699,000 per unit.

In 2015, new launches (in unit) dropped 19% as developers delayed their launches after a fall in take-up rate from 45% to 41%. Despite the rise in number and value of unsold units (which increased 16% and 56% respectively), it still remains manageable as the total of unsold units only represents about 1.6% of existing housing stock.

Despite obtaining city status in 1988, Kuching’s skyline is still relatively short of tall buildings and skyscrapers. With ample land in Sarawak’s capital city, residents there prefer to buy landed homes and shopoffices.

Cheras is seeing some exciting new developments such as MyTOWN Shopping Centre by Boustead Holdings Bhd and Ikano Pte Ltd as well as Sunway Velocity by Sunway Bhd.

After a tiring work day, you settle down on your couch ready to catch your favourite football team in action. Just as you switch to the right channel, you feel something wet on your head – little droplets – just like scenes from the Japanese horror movie, Dark Water.

Nusmetro Property Sdn Bhd believes homebuyers are looking for projects in specific locations and developments that fit their lifestyle. “Market demands are ever evolving. As a developer, you are either creating or chasing a trend. At Nusmetro, we focus on designs that are unique, that allow people to live in a different way. Right now, we are focusing on centrally located studios and duplexes to provide homebuyers with accessible luxury,” says its corporate communication manager Brie.

A new man is in charge. Datuk Muhammad Ibrahim took the reins from Tan Sri Zeti Akhtar Aziz as Bank Negara Malaysia (BNM) governor on May 1.