News by CHIN WAI LUN

S P Setia has revealed that it will be opening a new mall in its Setia EcoHill development in Semenyih. Named Setia EcoHill Mall, it is targeted to be opened on Sept 1.

Noteworthy:

• Freehold
• Built-up: 1,270 sq ft
• High floor
• 2+1 bedrooms; 3 bathrooms
• Fully furnished
• Facilities: Gym, cafeteria, squash and tennis courts, swimming pool, launderette and more
• Nearby amenities: Shopping malls and educational institutions

When: December 2021

Homebuyers can own their dream home with lower monthly instalments while enjoying greater cash flow for five years after vacant possession via the campaign. 

Noteworthy:

• Freehold
• High-floor location
• Built-up: 2,347 sq ft
• 3 bedrooms; 5 bathrooms
• Fully furnished
• Facilities: Art gallery, tennis and squash courts, pool deck, Olympic-sized swimming pools, Jacuzzis and sculpture garden
• Nearby amenities: International schools, medical centres, golf clubs, shopping malls, commercial hubs and offices

When: January 2022

The respondents also appear to have a better risk appetite for alternative investments in the next two to three years, Knight Frank said in a statement today. 

Sunway is shifting its focus to the northern region in the coming years starting with the RM500 million expansion of Sunway Carnival Mall in Penang.

The Malaysian Real Estate Investment Trust (REIT) Managers Association (MRMA) has elected Pavilion REIT Management Sdn Bhd CEO Datuk Philip Ho Yew Hong as the new chairman for a two-year term at its annual general meeting on June 16.

Noteworthy:

•  Leasehold
• Built-up: 3,200 sq ft
• Land size: 2,863 sq ft
• Unfurnished
• Four bathrooms
• Amenities: AEON Mall Taman Equine, Giant Seri Kembangan and Bandar Putra Permai commercial hub
• Accessibility: Damansara-Puchong Highway (LDP), South Klang Valley Expressway (SKVE) and Maju Expressway (MEX)

When: April 2022

“The nature of proptech is such that its solutions are end to end. Functional silos often seen in many real estate companies constrain the end-to-end solutions that proptech has to offer. A single solution may require multiple stakeholders to agree,” said EdgeProp’s Ong.

The achievement marks Desa ParkCity as the first Malaysian entry to be shortlisted and awarded by the ULI APAC Awards for Excellence programme, widely recognised as one of the region’s most prestigious awards in the development community, the developer said in a statement today.