News by EdgeProp

Prices of non-landed residences in Dutamas have yet to catch up to those at Mont’Kiara

Suria’s forecast is based on the fact that its Jesselton Quay project received regulatory approval at end-March

Based on theedgeproperty.com’s analysis of transactions, the average price per square root (psf) for Dutamas in 3Q2014 rose 0.2% y-y to RM494 psf

Real estate agents and consultants believe that property values in the Kerinchi/Pantai area still has room for growth due to its excellent location and accessibility

In the upper-middle class segment, prices at The Park Residences in Bangsar South rose 16.4% y-y to RM726 psf over the same period

Based on transactions analysed by theedgeproperty.com, the average price psf of non-landed residences in the Kerinchi, Pantai and Bangsar South areas was RM421 psf in 3Q2014

Based on theedgeproperty.com’s analysis of transactions in the 12 months to 3Q2014, the RM100,001 — RM200,000 price range accounted for the largest market share of transactions (21.3%), and comprise mostly low-end flats

Pantai and Kerinchi areas are now increasingly being marketed as an extension of Bangsar, and benefit from their proximity to the Mid Valley Megamall and the city centre

Is there more upside for Bangsar? According to real estate professionals familiar with the area, it still has some room for growth.

From analysis of transactions by theedgeproperty.com, Sri Wangsaria saw the highest growth of average price per square foot (psf ), up 26.8% y-y to RM720 psf in 3Q2014