Kota Damansara started with mostly low and medium-cost housing developed by the Selangor state property arm, in the 1990s. With more amenities added and the entry of private developers, property prices have increased sharply and the neighbourhood is becoming more upmarket.

Knight Frank noted that the declining transaction volume has triggered some concern to be flagged in research reports and property news

Here are some tips from real estate agents for a quick check to avoid ‘tenants from hell’

The average transacted price psf for non-landed homes in Bukit Jalil rose 19.3% to RM444 in 3Q2014 from the previous year after an even higher growth of 25.1% in the preceding year

For its office segment, a 100% occupancy rate across all office buildings is maintained in 1HFY15, while the Phase 3 redevelopment of Kompleks Dayabumi is underway with demolishment works already started

The construction segment contributed 74% of the group’s Ebit in 1HFY15, which grew by 110.7% to RM39.7 million

Sunway recorded RM500 million sales mainly from its ongoing projects in the Klang Valley such as Sunway Velocity and Sunway South Quay in the first half of financial year 2015

Report said average vacancies in seven major cities – namely Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin, Hangzhou, and Chengdu – dropped 1.3 percentage points to 6.5%

Sri Rakyat recorded the highest growth of average price per square foot (psf), up 30.7% y-y to RM175 psf in the 12 months to 3Q2014

Of the total revenue of RM438 million for 1HFY15, property development and industrial land sales contributed RM338 million and RM95 million respectively