Developer Malvest Group has inked an MoU with Lagenda Tunjong Sdn Bhd to jointly develop the Tunjong Commercial Hub in Bandar Baru Tunjong, Kota Bharu, Kelantan.

The average rental and selling prices for properties in Bangsar South have seen capital appreciation over the years, especially integrated developments and high-rises. This has undoubtedly attracted a vibrant mix of affluent and middle-class residents into the area.

SkyWorld Development Bhd has partnered with Maybank to offer MyDeco, an innovative home interior makeover financing scheme, to all SkyWorld’s homeowners.

Noteworthy:

• Freehold
• Built-up size: 16,000 sq ft
• Land size: 19,224 sq ft
• 8 bedrooms, 8 bathrooms
• Fully-furnished
• Nearby amenities: IOI City Mall, The Mines, Alamanda shopping centre, Serdang hospital, convenience stores, universities and colleges
• Accessibility : ELITE highway, SKVE expressway, Kajang-SILK highway

When: May 2023

SkyWorld Development Bhd’s SkySierra Residences received 86% in Quality Assessment System in Construction (QLASSIC) score and 92.63% Safety and Health Assessment in Construction (SHASSIC) score for its high-rise residential development in Setiawangsa, Kuala Lumpur. It is also the highest score the company has received to date.

The younger generation now is the dwellers of our cities in the future. Hence, the Young People’s Lab (YPLab) programme has created a platform for them to share their ideas and thoughts on what constitutes a sustainable and resilient city.

Noteworthy:

• Built-up size: 6,000 sq ft
• Land size: 17,000 sq ft
• 6 bedrooms, 8 bathrooms
• Semi-furnished
• Nearby amenities: Convenience stores, schools, Damansara City Mall, Bangsar Shopping Centre, MRT Semantan, MRT Pusat Bandar Damansara
• Accessibility:  NPE highway, SPRINT highway

When: June 2023

The time-worn areas surrounding Merdeka 118, the nation’s newest skyscraper, are the focus of new development ideas that will come from young talents garnered from the Young People’s Lab (YPLab) initiative this year.

Property prices of high-rise projects and rental rates at shopping malls in the Johor Bahru city centre are now close to rates in the Klang Valley, driven by the effect of the Johor Bahru-Singapore Rapid Transit System (RTS) Link and a strong Singapore dollar.

Prime logistics rent in 17 key cities across Asia-Pacific showed an average rise of 10.4% year-on-year, “powered by the acceleration of rental growth in Manila,” Knight Frank stated in its Asia-Pacific Logistics Markets report for 1H2023.