News by EdgeProp

The highest relative price growth can be found at Tropika Paradise, with the average price up 32.5% or from RM101psf to reach RM 410 psf in the 12 months to 1Q2015.

TheEdgeProperty.com turned one this month, passing major milestones in its first year of operations.

While the newer properties are becoming more upscale, most of the older projects in USJ are predominantly within the mid-end segment.

The bill to amend the Land Acquisition Act 1960, aimed at improving land acquisition procedures in the country, was debated by 22 Members of Parliament before it was passed, without any changes.

The most expensive project was Indera Subang at an average price per unit of RM729,000.

USJ’s strong performance in the 12 months to 1Q2015 was buoyed by transactions at Main Place Residence USJ21.

S P Setia's Setia EcoTempler project is coming up in Rawang. A major attraction is the developer's efforts to maintain the existing flora and fauna, creeks and lakes. This will be The Legend of the Nine Creeks. 

Average prices have grown modestly across the market, buoyed by the flurry of development activity in the vicinity. The highest relative price growth can be found at Laman Baiduri, with the average price up 29.3% y-o-y to reach RM656 in the 12 months to 1Q2015.

The Penang government’s management of its bumiputera housing quota has been found to be below par by the Auditor-General's Report 2015, Series 1, Bernama reported today.    

In end-2014, Kelantan, Terengganu, Pahang, Perak and Sabah were hit by huge floods that displaced hundreds of families and caused significant economic hardship.