News by EdgeProp

The recent Malaysian Institute of Estate Agents (MIEA) Property Market 2023 Review & 2024 Outlook provided an insightful look into growth and potential opportunities in the property market nationwide.

SkyWorld Development Bhd’s SkyAwani 5 Residence in Sentul was recently awarded “an outstanding” 84% high Quality Assessment System in Construction (QLASSIC) score and a prestigious 5-star Safety and Health Assessment System in Construction SHASSIC rating from Construction Industry Development Board (CIDB).

Mah Sing Group Bhd will be developing 185 acres “prime industrial development” named Mah Sing Business Park, Sepang with an estimated gross development value (GDV) of approximately RM728 million.

For the first time in history, two branches of Vivahomes walked away with One Dream One Direction award at the agency’s V-Gala 2024 that was held on Jan 19.

Noteworthy:

• Land size: 1,571 sq ft
• Built-up size: 1,320 sq ft
• 2 bathrooms
• Leasehold
• Unfurnished
• Nearby amenities: PJ474 SK La Salle (Selatan) bus stop, schools and residential areas, Amcorp Mall, Taman Jaya Park, Jalan Templer KTM station
• Accessibility: NPE, Federal Highway, Jalan Gasing, Jalan Templer

September 2023

You may have heard of Time Internet’s Kabel Besar, but let’s get straight to the new new – Gig Speed Home with FTTR technology. 

Tropicana Macalister Avenue (Penang) Sdn Bhd, a wholly-owned subsidiary of Tropicana Corp Bhd today signed a sale and purchase agreement with IOI PFCC Hotel Sdn Bhd, an indirect subsidiary of IOI Properties Group Bhd for the sale of Courtyard by Marriott Penang for a total cash consideration of RM165 million.

Noteworthy:

• Built-up size: 1,140 sq ft
• Leasehold
• Fully furnished
• 3 bedrooms, 2 bathrooms
• Nearby amenities: Kayu Ara LRT station, shopping malls, sports centers, restaurants, schools
• Accessibility: SPRINT, LDP, NSE

When: October 2023

Noteworthy:

• Built-up size: 2,153 sq ft
• Freehold
• Fully furnished
• 3 bedrooms, 3 bathrooms
• Nearby amenities: Bukit Bintang MRT Station, Raja Chulan and Jalan Imbi Monorail Stations, shopping malls, F&B outlets, Taman Eko-Rimba KL (TERKL), Stadium Negara, Tung Shin Hospital, KLCC Park
• Accessibility: AKLEH, MRR2, Federal Route 1, MEX, SMART Tunnel

When: November 2023

Talisa, the second phase of Bangsar Hill Park (BHP) development, was launched during the weekend (Jan 20), along with the unveiling of BHP’s new property gallery in KL Gateway Mall in KL.