News by EdgeProp

USJ’s strong performance in the 12 months to 1Q2015 was buoyed by transactions at Main Place Residence USJ21.

S P Setia's Setia EcoTempler project is coming up in Rawang. A major attraction is the developer's efforts to maintain the existing flora and fauna, creeks and lakes. This will be The Legend of the Nine Creeks. 

Average prices have grown modestly across the market, buoyed by the flurry of development activity in the vicinity. The highest relative price growth can be found at Laman Baiduri, with the average price up 29.3% y-o-y to reach RM656 in the 12 months to 1Q2015.

The Penang government’s management of its bumiputera housing quota has been found to be below par by the Auditor-General's Report 2015, Series 1, Bernama reported today.    

In end-2014, Kelantan, Terengganu, Pahang, Perak and Sabah were hit by huge floods that displaced hundreds of families and caused significant economic hardship.

The property market in Subang Jaya falls primarily within the mid- to high-end segment. In the 12 months to 1Q2015, 35.9% of the secondary non-landed residential transactions were within the RM601 – RM800 psf range. Another 29.3% fell within the RM401 – RM600 psf range.

Residences in Subang Jaya are concentrated primarily around the commercial strip of SS16 and around the Subang Ria Recreational Park in SS12.

This week, the focus is on the secondary market of non-landed residences in one of Klang Valley’s most coveted addresses: Subang Jaya. Subang Jaya in this study is limited to residential and commercial areas covered by SS12 to SS19, as well as the industrial zones around the Subang Hi-Tech Industrial Park.

Sri Petaling’s property market is expected to continue to enjoy growth on rising demand from developers looking for land beyond the city centre, said property consultants.

The rental market in Cheras is driven by its proximity to Kuala Lumpur City Centre.