News by Chin Wai Lun

Tropicana Corporation Bhd has received two awards for Tropicana Gardens, its residential and commercial development in Tropicana Indah.

A Long Island mansion plus equestrian estate, which has been used as a filming site for several movies and television shows such as “The Wolf of Wall Street” (featuring Leonardo DiCaprio) and certain episodes from the TV series “Elementary”, is going on sale for US$10 million (about RM44 million).

Noteworthy:

•  Freehold
•  Built up: 485 sq ft
• Studio unit
• High floor
• Semi-furnished
• Nearby amenities:  Setia City Mall, Setia City Convention Centre, schools, banks, F&B outlets
• Accessibility: New Klang Valley Expressway (NKVE), the upcoming Damansara-Shah Alam Elevated Expressway (DASH), Mutiara Damansara Interchange and DASH Penchala Interchange.

When: January 2022

Noteworthy:

• Freehold
• Built up: 19,754 sq ft
• Land size: 199,013 sq ft
• Semi furnished
• Amenities:  Convenience stores, restaurants, shops, clinics and more at Kapar town
• Accessibility: West Coast Interchange Expressway (WCE), New North Klang Straits Bypass (NNKSB)

When: March 2022

Noteworthy:

• Leasehold
• Built up: 817 sq ft
• Land size: 817 sq ft
• 2 bedrooms; 2 bathrooms
• Fully furnished
• Sea villa
• Amenities: Resort facilities such as restaurants, bars, beach, spa, swimming pool and more
• Accessibility: Federal Route 5 connecting to Sepang and Banting; about 40 minutes’ drive to Kuala Lumpur International Airport (KLIA)

When: January 2022

Sime Darby Property Bhd has registered a 100% take-up rate for Phase 1 of its Elmina Green Six flexi-linked homes in the City of Elmina, Shah Alam.

While the main focus is on the significant connectivity improvement in the Klang Valley, the MRT 3 is also expected to be a catalyst to property developments around the areas of the MRT stations. 

Datuk Seri Michael Yam has been appointed as the new president of The Chartered Institute of Building (CIOB) for the 2022/2023 term.

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.

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