News by Racheal Lee

A group of businessmen, including an Indonesian and four Malaysians are looking to draw more visitors to the northern part of the island with a new project — Margarana Dream City.

OCR Land Holdings Sdn Bhd, formerly Ong Chong Realty Sdn Bhd, has been a low-key developer since its establishment almost 27 years ago. It hardly made news until it emerged in 2014 as a substantial shareholder in the then loss-making Takaso Resources Bhd — public-listed manufacturer and exporter of rubber and baby products.

What are some of the things you should look out for when hunting for a high-rise home on the subsale market? Kimfield Properties agent George Loh shares 13 tips below.

Kuala Lumpur’s Melawati area has been a property hot spot for the last decade, with prices soaring and new developments from major developers such as Sime Darby Property Bhd, Sunway Bhd and Nadayu Properties Bhd.

Nadayu Properties Bhd’s latest offering in Taman Nadayu — the mixed-use development Nadayu63 — is seen as a catalyst for the township, with the commercial component set to bring dynamic lifestyle and retail activities to residents.

Tropicana Corp Bhd is planning to launch RM1.5 billion worth of projects this year. To kick-start the process, it will unveil three projects in the Klang Valley by early July.

For Sunsuria Bhd, developing the freehold, 525-acre Sunsuria City in Salak Tinggi has been a journey of faith. The core of the township, which has a gross development value (GDV) of RM10 billion, is the 150-acre Xiamen University Malaysia, China’s first overseas campus. The rest of the township will grow around the university.

Covering 17.8 acres, the project will offer 663 apartments (built-up: 818 sq ft) in three blocks. With a gross development value (GDV) of RM273 million, the units will be priced from RM383,999.

Penang-based developer Ideal Property Group plans to launch RM2.723 billion worth of condominium projects, with more than 3,600 units in total, on the island this year.

Chan Sow Lin, an industrial area in Kuala Lumpur, has seen plenty of interest from developers in recent years. This is thanks to its close proximity to the upcoming Bandar Malaysia project as well as Dewan Bandaraya Kuala Lumpur’s plan to revitalise Chan Sow Lin and transform it into a neighbourhood of residential, commercial and industrial properties.