News by EdgeProp.my

Noteworthy:

• Freehold
• Land size: 2,486 sq ft
• Built-up: 1,150 sq ft
• 3 bedrooms, 2 bathrooms
• Corner unit
• Facilities: Gated and guarded, basketball court, park, playground

When: July 2021

Following the good market response, the company will be unveiling 251 units of garden terrace homes with built-up sizes ranging from 2,293 sq ft to 3,002 sq ft, to cater to larger multigenerational families.

Meanwhile, Mah Sing announced the group recorded approximately RM1.28 billion sales in the first nine months this year, this also means the group has achieved 80% of its 2021 sales target of RM1.6 billion.

Named Blue & William, the building is located at the prime intersection of 2-4 Blue Street and 1-5 William Street and is 160 metres away from the North Sydney train station.

Currently most of the cloud kitchen operators are in the Klang Valley, consultant seeing the operators are planning to expand into other cities like Johor Bahru and Penang.

In line with our new direction, we will be stopping the EdgeProp Malaysia’s weekly – you are now reading its final edition. Rest assured however, that in the days ahead, our portal – www.edgeprop.my – will be an even more compelling destination for everything property, one that anyone who has an interest in real estate could not afford to ignore.

According to the findings by Knight Frank Malaysia, the rental of workers’ accommodation could be as low as RM155 per bed a month, up to RM300 per bed a month, depending on the service packages (including utilities, transportation, food caterings and periodic health screenings), location of PBWA and adherence to local or international standards.

Since the amendment of Act 446 came under en­forcement last year, there is a surge of demand on workers’ dormitories that fit the requirements. However, the main problem is there is not enough supply to meet the demand as the busi­ness owners did not expect the Act to be enforced on such short notice.

Selling it was always an easier option than restoring the building. But bringing back the beauty of the building and leaving a part of history for Penangites and our children was a quest worth going into. We wanted to bring back the former glory of this stately build­ing,” said Datuk Ooi Sian Hian.

Noteworthy:

• Built-up: 10,000 sq ft
• Land area: 1,280 sq m (around 13,778 sq ft)
• Freehold
• Partially furnished
• 5 bedrooms; 9 bathrooms
• Unique individual design

When: Sept 2021