Jabal Omar development offers potential for investors
MECCA: The SR18.4 billion (US$3.2 billion) Jabal Omar mixed property development project here offers potential for Malaysian investors especially in the real estate sector.
MECCA: The SR18.4 billion (US$3.2 billion) Jabal Omar mixed property development project here offers potential for Malaysian investors especially in the real estate sector.
SunCity (RM3.90; Buy; Price Target: RM5.10; SCITY MK)
Sealing second venture in China
A step closer to second project in China
• SunCity took centre stage in April
The KL Property Index ended the month largely unchanged at +0.6%. Nevertheless, interests were seen in Sunway City which gained 17.8% last month as it gained further traction in its REIT listing.
Product differentiation separates one project from another, with high-end developers turning to art to enhance value.
The relatively quiet Templer’s Park in Rawang, Selangor, nestled against a backdrop of lush forest in the northern corridor of Kuala Lumpur, will soon see not one but three high-end residential projects. The three are 9’d Templer, The Takun and a condominium-cum-bungalow project that is yet to be named.
Along Jalan Berangan in Changkat Bukit Bintang, Kuala Lumpur, is a row of shophouses. If you were to stroll along the undulating road, you would notice a guesthouse near the end of it.No 41 Berangan opened its doors in March 2009 as a test bed for three friends — Masila M Ariff, Zulkifli Mat Jusoh and Evelyn Robijns — who were making a foray into the hospitality business.
Looking to the Middle East
These are exciting times for the Maju Group of Companies with the recent appointment of a new chief executive and big plans not just locally but overseas as well.
Real estate investment trusts (REITs) and property stocks are alternatives to property investment. While both are listed on Bursa Malaysia, they offer different potential risks and rewards.
If you take a drive to Kemensah, a stone’s throw away from the National Zoo in Kuala Lumpur, you will notice a number of on-going projects there. The area is attractive for its lush greenery and impressive hills, its proximity to the Kuala Lumpur city centre, and several major expressways that ensure convenience and connectivity.