The most expensive address here is Selayang Point, with an average price of RM363 psf.

Cambridge has been experiencing the highest house price growth in the country, rivalling even that of overpriced London.

Current real estate trends are interesting as they give an idea of how customers’ behaviours and tastes are evolving.

The Selangor portion of Selayang, north of Kuala Lumpur, is a fairly mature suburb where the mass market remain fairly affordable.

MQREIT has the rights of first refusal to Malaysian Resources Corp Bhd’s stable of investment properties, which may carry values of up to RM1.5 billion in aggregate.

Novum, formerly known as Resonance, will come up on a three-acre freehold parcel along the Federal Highway. It will comprise three towers of 37 to 41 storeys, featuring 729 condos with built-ups of 647 to 1,445 sq ft. These include dual-key units.

Based on theedgeproperty.com’s analysis of transactions, the average price and transaction volume of non-landed residences in Selayang, Selangor have been on diverging paths since mid-2013 with momentum picking up in recent years.

She has closed 60 to 70 deals every year since she joined the industry.

This former tin-mining area with Chinese new villages, may not attract the attention of property investors as much as its Kuala Lumpur namesake. But it could be an option for prospective homebuyers looking for affordable homes with ready amenities close to the city centre.
The area also has an authentic unkempt feel about it.

The news is not entirely a surprise to us as we had reduced our FY15 sales estimate earlier in August to RM1.31 billion. However, the amount of reduction is higher than expected as management is now targeting only RM1 billion of sales.