In Depth

The keys to Cheras’ growth

New MRT stations and lifestyle developments by Sunway and Boustead are expected to breathe new life into Cheras, Kuala Lumpur

PROPERTY SNAPSHOT What’s hot in Subang Jaya?

The highest growth in property value could be found at Subang Parkhomes. With the development recently completed at end 2013, the average price in the secondary market spiked 24.1% y-y to RM671 psf.

New investments to support property demand in Penang

Temasek’s proposed joint venture with Penang Development Corp to develop a business processing outsourcing centre and an international technology park in Penang with an estimated gross development value of RM11.3 billion is a feather in the cap for the state in attracting new foreign direct investments

Mitraland to build RM1.3 bil project in Klang South

The development is located on a 15-acre freehold site in Jalan Klang Banting, opposite the proposed Johan Setia LRT station. It is also next to the Shah Alam Expressway (Kesas) headed towards Port Klang — about a 10 to 15-minute drive from Kota Kemuning.

PROPERTY SNAPSHOT What’s affordable in Subang Jaya?

Based on theedgeproperty.com’s analysis of transactions in the 12 months to 3Q2014, the average transacted price per square foot (psf) was RM581 psf in 3Q2014, with an average transacted unit price of RM571,000. 

Steady demand in Setapak

Setapak's affordable location close to the city centre, coupled with a significant student population that stays on
even after graduation, ensures steady demand for the high-rises

Revitalising Sentul

Research by theedgeproperty.com shows that the majority of non-landed residences in Sentul appreciated in value over the 12 months leading up to 3Q2014