News by EdgeProp.my

With the Power Station opening to the public this September, the completion of Prospect Place marks a major milestone that reflects the significant progress made on the site. 

However, there may be times when the developer is unable to deliver the project within the stipulated date in the SPA. As a homebuyer, you have a right to claim compensation for the late delivery through the Liquidated Ascertained Damages (LAD) clause in your SPA.

One of these properties is his former beachfront estate in the Turks and Caicos on Parrot Cay island, which he sold in 2019 for US$27 million (RM117 million). The second owner has put the property back on the market, this time with a listing price of US$37.5 million, according to TopTenRealEstateDeals.com. 

So, you are ready to buy a property. Congratulations! It marks a major milestone in your life. Whether it’s for own-use or investment, purchasing a big-ticket item involves careful planning based on your financial capability. Most of us will need a housing loan, but with so many options out there, pinning one down can be complicated. 

Incorporating his prior experiences while contracted under Singapore’s Mediacorp, Freeman Woo excelled as a real estate negotiator and is today the co-founder of Kith and Kin Realty Sdn Bhd. 

The daily quoted researcher and consultant Eva Soo, who during a webinar at the JLL Q1'22 Real Estate Market Perspective said that the incoming large supply is mainly due to delays in completion over the past two years due to the economic restrictions brought on by the pandemic.

Noteworthy:

• Freehold

• Built-up: 3,250 sq ft

• Semi-furnished

• Five bedrooms, six bathrooms

• Accessibility: Lebuhraya Damansara Puchong (LDP), Jalan SS2/24, Jalan 17/47, Jalan Universiti and SPRINT Highway

• Amenities: public schools and tertiary education institutions, nearby neighbourhood malls within 5km vicinity such as SS2 Mall, 3 Damansara and 1 Utama Shopping Centre as well as nearby shoplots for daily necessities.

When: October 2021

Noteworthy:

• Freehold

• Built-up: 1,254 sq ft

• Corner unit

• Fully furnished 

• Two bedrooms, two bathrooms

• Facilities: Infinity pool, water jets, wading pool, gym, spa, indoor Jacuzzi and function room

• Amenities: Walking distance to shopping malls within Bukit Bintang area, 4-minute walk to Bukit Bintang monorail station and 6-minute walk to MRT Bukit Bintang station

When: October 2021

This is on the back of the developer recording strong take-up rates of its products, especially at its flagship Bandar Sri Sendayan township in Negeri Sembilan, as well as a lesser threat of a Covid-19 operational closure. 

Among the latest, Levine and his wife, South African supermodel, Behati Prinsloo, have picked up American actor, producer, director, and podcaster Rob Lowe’s former family home in Montecito, California, USA, says TopTenRealEstateDeals.com.