City&Country: Cover Story-- Condos ready for moving in
Bandar Utama in Petaling Jaya is one of the Klang Valley’s property hot spots that is known for overnight queues for its terraced homes.
Bandar Utama in Petaling Jaya is one of the Klang Valley’s property hot spots that is known for overnight queues for its terraced homes.
Selangor Dredging Bhd’s (SDB) Seventies-inspired RM170 million development Dedaun — which means leaf in Malay — is set for official launch on Oct 22. The project sits on about an acre of freehold land off Jalan Ampang, not far from the British High Commission.
For 38-year-old Teoh, the long wait to purchase a 2-storey shopoffice unit at Phase 6A3 in Bandar Kinrara, Puchong, was well worth it. He was convinced of the potential appreciation in value of the units as a supermarket would be coming up soon on a neighbouring plot.
The prices of landed properties in the Klang Valley that went under the hammer in August and September have risen considerably from earlier this year.
Everyone loves a view, especially of the sea from a very high elevation. That, and more, can be found at the luxurious Reflections at Keppel Bay in Singapore, which will be launched in Malaysia this month, says its developer Keppel Corp Ltd.The leasehold project, which comprises six high-rise towers and 11 low-rise villa apartment blocks, is due for completion in 2012.
There’s been intense speculation in Singapore on the next office deal. Tongues are wagging that The Corporate Office at 138 Robinson Road, a 21-storey office building at the corner of Robinson Road and McCallum Street, is close to being sold for more than S$200 million (RM473.1 million), or about S$1,900 psf of net lettable area (NLA).
With Singaporean individual and corporate investors being the largest group of foreign investors in Malaysian real estate, it is no surprise that government-linked Malaysian Property Inc decided to set up its first overseas office in the city-state. MPI officially opened its Singapore office-cum-gallery at SGX Centre 1 on Oct 1.
Hongkongers are used to paying top dollar for some of the smallest living spaces in the world, but apparently, even they have limits. That point appeared to be reached last week when home seekers overwhelmingly baulked at buying a 401 sq ft flat for a hefty HK$5.97 million (RM2.37 million).
The London Olympics and Paralympic Games are just two years away and the ripples from a major urban overhaul are already sweeping through Stratford
From its business district to leafy suburbs, new condominiums are sprouting up almost daily across Bangkok, but developers and investors alike seem little concerned about a property bubble developing.