News by Chelsey Poh

Where are these outstanding non-stratified developments in Malaysia?

Noteworthy:
● Land size: 4,800 sq ft; built-up: 4,400 sq ft
● Unfurnished shop unit
● Nearby tourist spots: Petaling Street, Central Market, Merdeka Square and Kwai Chai Hong
● Served by LRT and MRT lines and bus routes, accessible by car via Jalan Pudu and Jalan Tun Sambathan

When: July 2020

The 70,191 sq ft flagship store will occupy the entire Level 1 of The Starhill. The store will also feature a street-fronting F&B outlet on the ground level, as well as a sweeping café terrace on Level 1 overlooking The Starhill Piazza.

“These informal businesses would handicap those formal licensed businesses housed in licensed premises which have all the safety, health and hygiene infrastructure.”

The companies said they are planning a venture into various F&B operations including cloud kitchen, shadow kitchen network, ready-to-eat meals and digital food trucks.

Set to be completed by November 2024, Myra will come with only 85 residential units in one 12-storey tower. There will be seven to eight units per floor. The units are designed to offer comfortable living spaces, abundant natural lighting and ventilation.

Noteworthy:
● Built-up: 1,459 sq ft
● Leasehold
● Mid-floor unit
● Unfurnished
● Facilities: 24-hour security service, card access control system, CCTV monitoring system, centralised air-conditioning, high-speed internet connectivity
● Nearby amenities: Shopping malls, eateries, medical centres, clinics, hotels and schools; nearby train stations include Abdullah Hukum LRT and KTM station, Mid Valley KTM station
● Easy accessibility via Federal Highway, New Pantai Expressway (NPE), Jalan Bangsar, Jalan Maarof and Jalan Klang Lama

When: May 2020

The government needs to study the location, sizes and pricings of the affordable homes and public housings.

The initiatives in Budget 2021 could help to boost transaction volume of residential units.

“Digitalisation efforts need to be focused on maybe only a few selected firms, so that we could create leaders in digitalisation in the building industry."