Transaction activity has also been lackluster since 2014. Total transaction volume for the 12 months to 1Q2015 fell 30.1% y-o-y from 166 units to 116 units.

One of the youngest team leaders at MIP Properties shares his views about moving ahead in the industry.

About half of sales transactions for non-landed homes in the 12 months to 1Q2015 in Mont’Kiara, Kuala Lumpur were above RM1 milllion each.

Sited on 7.34 acres of freehold beachfront land, Timurbay will not only offer panoramic views of the South China Sea but also have direct access to Balok Beach.

The Golden Visa was introduced as a fast track for foreign investors to obtain residency permits in Portugal and, consequently, gain free access to the majority of European countries within the Schengen area, which comprises 26 countries, including Austria, Belgium, Germany and Denmark.

All the top performers, with the exception of Kiaramas Cendana by Asia Quest Holdings Sdn Bhd, were completed in the mid-1990s to early-2000s, and were developed by Sunrise Bhd.

MRCB has a record construction order book of RM4.59 billion after securing major projects, such as the Klang Valley Light Rail Transit Line 3, KL Sports City, Kwasa Utama C8, and Cardiac and Vascular Medical Centre projects in 2015.

In the newly-launched Malaysia Commercial Real Estate Investment Sentiment Survey 2016 by Knight Frank Malaysia, fund and REIT managers are expected to be actively investing in 2016 to seek opportunities in a slow property market.

Knight Frank notes that kl will continue to see the entry of branded residences as it moves towards becoming a world-class city by 2020.

Despite the high price tags, the concentration of the market in RM401–RM800 psf range suggests that units offered in the area are generally large, and thus oriented towards affluent families.