How impactful will MRT3 be on property prices?
While the main focus is on the significant connectivity improvement in the Klang Valley, the MRT 3 is also expected to be a catalyst to property developments around the areas of the MRT stations.
Datuk Seri Michael Yam appointed as CIOB president
Datuk Seri Michael Yam has been appointed as the new president of The Chartered Institute of Building (CIOB) for the 2022/2023 term.
S P Setia to open new mall in Semenyih on Sept 1
S P Setia has revealed that it will be opening a new mall in its Setia EcoHill development in Semenyih. Named Setia EcoHill Mall, it is targeted to be opened on Sept 1.
DONE DEAL: Condo unit at Prima Damansara, Damansara Heights, Kuala Lumpur
Noteworthy:
- Freehold
- Built-up: 1,270 sq ft
- High floor
- 2+1 bedrooms; 3 bathrooms
- Fully furnished
- Facilities: Gym, cafeteria, squash and tennis courts, swimming pool, launderette and more
- Nearby amenities: Shopping malls and educational institutions
When: December 2021
Tropicana collaborates with Affin Bank to tackle home financing with Home Step Fast/i campaign
Homebuyers can own their dream home with lower monthly instalments while enjoying greater cash flow for five years after vacant possession via the campaign.
Done Deal: Condo unit, Seni Mont Kiara, Mont’Kiara, Kuala Lumpur
Noteworthy:
- Freehold
- High-floor location
- Built-up: 2,347 sq ft
- 3 bedrooms; 5 bathrooms
- Fully furnished
- Facilities: Art gallery, tennis and squash courts, pool deck, Olympic-sized swimming pools, Jacuzzis and sculpture garden
- Nearby amenities: International schools, medical centres, golf clubs, shopping malls, commercial hubs and offices
When: January 2022
Keen interest for alternative investments in commercial real estate — Knight Frank survey
The respondents also appear to have a better risk appetite for alternative investments in the next two to three years, Knight Frank said in a statement today.
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Sunway Malls to place emphasis on northern region
Sunway is shifting its focus to the northern region in the coming years starting with the RM500 million expansion of Sunway Carnival Mall in Penang.
Pavilion REIT's Philip Ho elected as MRMA chairman
The Malaysian Real Estate Investment Trust (REIT) Managers Association (MRMA) has elected Pavilion REIT Management Sdn Bhd CEO Datuk Philip Ho Yew Hong as the new chairman for a two-year term at its annual general meeting on June 16.
DONE DEAL: Shoplot at Taman Lestari Putra, Seri Kembangan, Selangor
Noteworthy:
- Leasehold
- Built-up: 3,200 sq ft
- Land size: 2,863 sq ft
- Unfurnished
- Four bathrooms
- Amenities: AEON Mall Taman Equine, Giant Seri Kembangan and Bandar Putra Permai commercial hub
- Accessibility: Damansara-Puchong Highway (LDP), South Klang Valley Expressway (SKVE) and Maju Expressway (MEX)
When: April 2022
