PROPERTY SNAPSHOT What’s hot in Mont’Kiara?
In 3Q2014, the average transacted price for Mont’Kiara was RM685 per square foot (psf), up 7.8% y-y
In 3Q2014, the average transacted price for Mont’Kiara was RM685 per square foot (psf), up 7.8% y-y
UEM Sunrise expects flattish revenue year-on-year, with net profit of between RM500 million to RM550 million
Residential properties in prime locations such as London Zone 2 recorded a stable net yield of 3.5% in 4Q2014 and 1Q2015
On a psf basis, the most expensive transacted were Verve Suites (RM1,086 psf), 10 Mont’Kiara (RM854 psf) and Kiara 9 (RM820 psf).
JLL recorded 31 office projects encompassing 6.5 million sq ft space commencing operation
SunREIT’s performance mainly contributed by Sunway Pyramid and Sunway Carnival
Tambun Indah Land’s better 1Q performance y-o-y was mainly contributed by higher progress billings for ongoing projects
In absolute amount, the most expensive transacted units were at 10 Mont’Kiara (RM3.22 million), followed by 11 Mont’Kiara (RM2.72 million) and Seni Mont’Kiara (RM2.05 million)
Prices in Mont’Kiara appear to be picking up momentum following a slower growth in preceding years
CBRE report said Bangkok’s domestic midtown market is experiencing a generational shift as younger, smaller households relocate to mass-market condominiums