AmProp’s prime London projects remain popular
Property demand for Amcorp Properties’ (AmProp) high-end projects (more than £3,500 [RM22,286] per sq ft remains strong, despite pockets of weakness within the London market.
Property demand for Amcorp Properties’ (AmProp) high-end projects (more than £3,500 [RM22,286] per sq ft remains strong, despite pockets of weakness within the London market.
Despite concerns over the rising number of vacant units and shrinking crowds in shopping malls, the current slowdown will not exact a heavy toll on Sunway Real Estate Investment Trust, whose main asset is Sunway Pyramid and Sunway Hotel in Bandar Sunway.
The projects that gained the most in capital value are well-located. Residents at Pelangi Damansara (16.9% y-o-y) and Surian Condominium (13.4% y-o-y) will soon be able to walk to the Mutiara Damansara MRT Station, while residents at 1 Bukit Utama (16% y-o-y) will soon benefit from both the 1 Utama LRT and MRT interchange.
Addition of six new hotels, expansion of two existing ones will add 2,063 rooms
An analysis of transactions by price range reveals the diversity of products offered. In the 12 months to 3Q2014, some 26.2% of secondary market transactions were in the RM401-RM600 psf range...
Ayer Keroh Resort Sdn Bhd, a company linked to Cheng, is looking for a buyer for its Tiara Melaka Golf & Country Club, sources say.
Setia Eco Park in Shah Alam, for example, fulfils the safety needs of its residents and is environment-friendly. Not surprisingly, the township is one of the most sought-after addresses for investors.
As one of the Klang Valley’s most popular urban centres, non-landed residences in the Damansara/Bandar Utama areas comprise mostly of condominiums targeted to the upper-middle class segment.
We are wary of the local property and land sales moving forward due to the unfavourable sentiments surrounding Nusajaya and the general weaker outlook for the sector. The stock was removed from the MSCI Malaysia Index on May 13, 2015.
Johor Bahru is getting a facelift and it is being done with a royal stamp of approval. On Nov 22, the Sultan of Johor, Sultan Ibrahim Sultan Iskandar, officially launched the Ibrahim International Business District (IIBD) transformation plan, which will see about 250 acres of land in the city centre redeveloped.