The property market in Setapak consists mainly of mass-market condominiums and apartments.

The recently announced tender schedule for the estimated RM30 billion Mass Rapid Transit Sungai Buloh-Serdang-Putrajaya Line (SSP Line), or MRT2, promises exciting times for the construction sector over the next few months.

Setapak has an abundance of high-rise residences, most of which are priced to target the middle class.

Year-on-year (y-o-y) earnings growth was largely supported by additional contributions from its new assets and improved profits from Gurney Plaza and East Coast Mall. However, we remain cautious about Sungei Wang Plaza (SWP), which could limit near-term earnings.

James Tee is the author of Malaysian Real Estate Industry – Value Creation Strategies.

Since its emergence in the 1950s, the internet has grown into a juggernaut, changing the way we do practically everything, from finding a partner to buying everyday items like groceries and electronic appliances.

This week, the spotlight falls on the secondary market of non-landed residences in one of Kuala Lumpur’s oldest suburbs, Setapak. Areas covered span from Taman Melati at the north and bounded by the Duta-Ulu Kelang Expressway (DUKE) at the south.

Ignorance is no excuse.

MK Land Holdings Bhd’s unbilled sales are now at RM150 million from RM200 million previously.

Since the mid-2000s, Australia has seen low interest rates, an abundance of liquidity and strong population growth, underpinned by high levels of immigration. This has led to an increase in demand for real estate that exceeds the supply of new properties, says Ian Chen, founder, owner and group CEO of Jalin Realty International.