Matt Lorrain: Head of Product Development and Design at SP01
WHO: Matt Lorrain’s (pictured) foray into furniture design was almost a fluke.
PROPERTY SNAPSHOT 1: USJ non-landed housing average price hits new peak
• This week, the focus is on the secondary market of non-landed residences in Selangor’s UEP Subang Jaya better known as USJ.
UEM Sunrise launches Melia Residences Phase 3
JOHOR (May 20): UEM Sunrise Bhd officially launched Phase 3 of its Melia Residences (pictured) yesterday, backed by the full take-up of Phase 1 and 2.
DONE DEAL: 2-storey detached house, Damansara Heights
Rented for: RM10,000 Concluded by: Rajesh V Hassaram of One Sunterra Properties Sdn Bhd (016-222 5604) When: March 2016 Noteworthy: • Freehold • Built-up: 5,200 sq ft • Land size: 8,200 sq ft • 6 rooms • 7 bathrooms • Comes with a swimming pool • Leased for two years • Partially furnished with lights, wardrobes and curtains According to the negotiator, Rajesh V Hassaram of One Sunterra Properties Sdn Bhd, the property is located along Jalan Beka, which has guards around the clock, thus ensuring the safety of its residents at all times.
China’s property investors raising their budgets for foreign buys
KUALA LUMPUR (May 19): A survey by Australian property investment portal Investorist showed that China’s property investors have raised their average budget for foreign property purchases to US$500,000 (RM2.
K Soma Sundram wishes for estate agency industry to become more professional
PETALING JAYA (May 18): K Soma Sundram – the recipient of the Real Estate Agent of the year award 2016 from Board of Valuers, Appraisers and Estate Agents Malaysia (Bovaea) – hopes that the local estate agency industry will work towards becoming more professional.
PROPERTY SNAPSHOT 3: What are developments priced in Subang Jaya?
• Today, we continue our focus on Subang Jaya by looking at average prices on a per square foot (psf) basis.
Young developers share their views
MEMBERS of Rehda Youth, the youth wing of the Real Estate and Housing Developers’ Association Malaysia (Rehda) always have their fingers on the pulse of the property industry.
PROPERTY SNAPSHOT 1: Subang Jaya average price up 8.4% y-o-y
• This week, the focus is on the secondary market of non-landed residences in one of Klang Valley’s most coveted addresses: Subang Jaya.
Mapex Property Showcase 2016 achieves bookings for homes worth RM36 mil
PETALING JAYA (May 15): The five-day Mapex Property Showcase 2016 saw potential buyers at the fair securing bookings for homes worth RM36 million, said organising chairperson Carrie Fong.
