Not much for the middle-income group in Budget 2016
Here are some reactions to the Budget announcement
PROPERTY SNAPSHOT 4: What’s hot in Ampang?
A few projects here outperformed the local market. In the 12 months to September 2014, the average price at D’Casa Condominium gained 36.6% y-o-y to RM275 psf. Located in Taman Sri Watan, typical units are between 883 sq ft and 958 sq ft.
PROPERTY SNAPSHOT 3: What are developments priced at in Ampang?
Ampang offers a diverse property landscape: one side of the Middle Ring Road 2 lies an exclusive ’hood frequented by expats; while on the eastern side of the MRR2, properties are older and in the affordable range.
PROPERTY SNAPSHOT 2: What’s affordable in Ampang?
East of Kuala Lumpur city, the Ampang municipality of Selangor is one of the Klang Valley’s oldest ’hoods . Many low-cost flats dot its housing estates while upmarket residences converge around Kelab Darul Ehsan golf course and along Jalan Ampang.
PROPERTY SNAPSHOT 1: A lull for Ampang property
Based on theedgeproperty.com’s analysis of transactions, both prices and transaction volumes of non-landed residences in Ampang, Selangor have softened in 2014 since hitting their peak in 4Q2013.
PROPERTY SNAPSHOT 4: What’s hot in Kajang?
The highest growth in capital values was among affordable apartments, led by Taman Kajang Utama (+34.3% y-o-y average transacted price) and Taman Cheras Prima (+32.6% y-o-y).
PROPERTY SNAPSHOT 3: What are developments priced at in Kajang?
Newer condominiums in Kajang cater for slightly more affluent buyers.
PROPERTY SNAPSHOT 2: What’s affordable in Kajang?
Kajang’s numerous non-landed properties fall primarily in the mass-market segment.
PROPERTY SNAPSHOT 1: Kajang gains momentum
Interestingly, Kajang is home to many exclusive gated-and-guarded residential estates.