Sold for: RM690,000 (RM928.66 psf); Concluded by: Kevin Teh (REN 02206) of Propstar Realty (013 5557333); When: April 2019; buyer reckoned that this residential unit was the best value among the properties he was considering.
“The [industrial] sector has always been underrated,” Foo stressed during his presentation titled “Market Outlook for 2020 & How Has 2019 Performed So Far?”.
L.ve Space is one of the latest entrants in the co-living space scene in Malaysia. Its maiden project is a quaint dwelling nestled in the bustling commercial district in Taman Tun Dr Ismail (TTDI), Kuala Lumpur.
Sold for: RM777,000 (RM530.75 psf); Concluded by: Kashfi Sharifuddin (REN 00973, 012-2161512) from Reapfield Properties (HQ) Sdn Bhd; When: August 2019; The buyer liked the central and strategic location.
Rented for: RM5,500 (RM4.40 psf); Concluded by: Eugene Pang (REN 30525) of MIP Properties Sdn Bhd (016-272 4228); When: September 2019. “The tenant chose this unit as it was below the market [rental] price by about 10% for such units.”
“We are serious about our expansion plan in Asia. We plan to be a serious contender in the leisure and entertainment business by targeting affordable and quality family entertainment with our quirky ideas,” said Sim Leisure Group founder and CEO Sim Choo Kheng.
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TBC 2020/21 consists of 32 shades across four core themes — Raw Beauty, Precious Tale, Gentle Whisper and Pop Life — ranging from vibrant and bold hues to delicate and pastel shades.
The 3.31-acre freehold project carries an estimated gross development value (GDV) of RM652million, offering 1,598 serviced residences across two 55-storey towers.
“Both programmes have different objectives and target segments, one is targeting Malaysians with the objective to encourage homeownership, while the other is aimed at attracting foreign investors.”
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