When S P Setia Bhd drew up the plans for its corporate headquarters at Setia City commercial centre at its flagship township Setia Alam in Shah Alam, the developer knew it wanted an icon that signified its commitment to sustainable development.
Kepong will see a number of RumaWIP (Federal Territory Affordable Housing Policy) homes coming up over the next few years.
From the analysis of transactions by TheEdgeProperty.com, the average transacted price for non-landed homes in the secondary market was RM464 psf in 1Q2015, up 15.5% y-o-y.
Since its launch on May 25, 20 out of 52 units in the apartment project have been sold, said group managing director Datuk Lee Tian Hock at a media briefing.
Based on transactions analysed by TheEdgeProperty.com, the average price of non-landed homes in the area was RM464 psf in 1Q2015, registering a 15.5% growth from RM402 psf in 1Q2014.
Non-landed residential property indices in Bukit Jalil appear affordable. Based on TheEdgeProperty.com’s analysis of transactions, the average transacted price of non-landed homes was RM464 per square foot in1Q2015 while the average transacted price per unit was about RM555,000.
Popular as a student and sports hub, the neighbourhood is beginning to grow into a lifestyle destination with the second Paradigm Mall and the second Pavilion Mall coming up in the vicinity.
The highest relative price growth can be found at Tropika Paradise, with the average price up 32.5% or from RM101psf to reach RM 410 psf in the 12 months to 1Q2015.
TheEdgeProperty.com turned one this month, passing major milestones in its first year of operations.
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