Sunway 1Q net profit up on building sales, higher profit contributions
Sunways’ higher net profit was contributed by capital gains of RM22.9 million from the disposal of Sunway Hotel Georgetown and Wisma Sunway
PROPERTY SNAPSHOT What are developments priced in Bangsar
The least expensive projects in Bangsar are Bayu Angkasa (RM527 psf), Bangsar Puteri (RM626 psf) and Sri Kasturina (RM637 psf)
PROPERTY SNAPSHOT What’s affordable in Bangsar?
One Menerung is the most expensive development, with an average transacted price of RM4.02 million
IGB plans more projects
IGB will also open new hotel under the St Giles brand in Sydney next month and plans are afoot for another hotel in Bangkok
PROPERTY SNAPSHOT Steady appreciation in Bangsar
Prices for non-landed residences in the Bangsar area have been steadily appreciating
When to buy in KLCC?
Those closest to the Petronas Twin Towers command a premium while those further away are generally priced lower
PROPERTY SNAPSHOT What’s hot in KLCC?
With condominiums in the KLCC area generally targeted towards the elite and expatriates, rental rates can vary quite widely across developments
PROPERTY SNAPSHOT What are developments priced in KLCC?
KLCC is the country’s most expensive address. In the 12 months to 3Q2014, about 23% of transactions were for properties in the RM1,001-RM1,200 psf range, followed by 19.5% for the RM801-RM1,000 psf range.
PROPERTY SNAPSHOT What’s affordable in KLCC?
The most expensive address in the KLCC area belongs to The Binjai with an average transacted unit price of RM5 million
