News by Chin Wai Lun

“Not only are such units difficult to come by, they are also quickly taken up once they come on the market, provided they are in good condition. It is not difficult to look for buyers but finding such houses in prime locations is challenging.”

The refurbishment also saw the court being extended by some 20ft to accommodate a futsal and badminton court in addition to the existing netball court.

Sold for: RM690,000 (RM928.66 psf); Concluded by: Kevin Teh (REN 02206) of Propstar Realty (013 5557333); When: April 2019; buyer reckoned that this residential unit was the best value among the properties he was considering.

“The [industrial] sector has always been underrated,” Foo stressed during his presentation titled “Market Outlook for 2020 & How Has 2019 Performed So Far?”.

L.ve Space is one of the latest entrants in the co-living space scene in Malaysia. Its maiden project is a quaint dwelling nestled in the bustling commercial district in Taman Tun Dr Ismail (TTDI), Kuala Lumpur.

Sold for: RM777,000 (RM530.75 psf); Concluded by: Kashfi Sharifuddin (REN 00973, 012-2161512) from Reapfield Properties (HQ) Sdn Bhd; When: August 2019; The buyer liked the central and strategic location.

Rented for: RM5,500 (RM4.40 psf); Concluded by: Eugene Pang (REN 30525) of MIP Properties Sdn Bhd (016-272 4228); When: September 2019. “The tenant chose this unit as it was below the market [rental] price by about 10% for such units.”

“We are serious about our expansion plan in Asia. We plan to be a serious contender in the leisure and entertainment business by targeting affordable and quality family entertainment with our quirky ideas,” said Sim Leisure Group founder and CEO Sim Choo Kheng.

TBC 2020/21 consists of 32 shades across four core themes — Raw Beauty, Precious Tale, Gentle Whisper and Pop Life — ranging from vibrant and bold hues to delicate and pastel shades.

The 3.31-acre freehold project carries an estimated gross development value (GDV) of RM652million, offering 1,598 serviced residences across two 55-storey towers.