News by Racheal Lee

The average transacted price psf for non-landed homes in Bukit Jalil rose 19.3% to RM444 in 3Q2014 from the previous year after an even higher growth of 25.1% in the preceding year

Pertubuhan Akitek Malaysia president Mohd Zulhemlee An noted that this year will be the fourth consecutive year the construction industry recorded double digit growth

The scheme is an initiative to help Malaysians own their first home

Sungai Buloh West is defined by Ho Chin Soon Research Sdn Bhd as an area located at the north of Shah Alam and the west of Rawang. Developments there include Bandar Seri Coalfields by KLK Land, Kota Elmina by Sime Darby Property and Saujana Utama by Glomac Bhd

M3 Mall, an urban redevelopment project by Dewan Bandaraya Kuala Lumpur and Gerbang Mekar Sdn Bhd in Taman Melati, opens its doors in mid-October.

A 12km bicycle ride called ‘The Yellow Ride’ was organised by Tropicana Corporation Bhd on Aug 1 to mark the relocation Tropicana Aman’s new property gallery in Kota Kemuning.

The report also noted that there will be more demand for smaller units than larger ones due to budget constraints, but it will be moderated with a larger supply of small units in the pipeline

M3 Mall, a joint venture between Dewan Bandaraya and Gerbang Mekar Sdn Bhd coming up in Taman Melati, Kuala Lumpur, is over 80% tenanted.

The development builds on Ferringhi Residence, being a resort condominium in the tourist belt of Batu Ferringhi.

According to the report, the gross asking rents at KL CBD is RM6.34 psf/month in 2Q2015, which increased slightly from RM6.30 the previous quarter due to new building completions. KL fringe, meanwhile, saw gross asking rents of RM5.98 psf/month in 2Q2015