Developers bank on established locations
Recent land transactions show that developers tend to invest in locations that are not only in the Klang Valley but which are already established.
Panasonic’s solar cell and panel production plant in Kulim up for sale
Knight Frank Malaysia has been appointed as the exclusive marketing agent for the sale of the production plant
KIPMall goes green with the installation of solar PV system
KIPMall Kota Warisan’s 957 kilowatt-peak (kWp) Photovoltaic installation of solar panels spans 59,683.26 sq ft of roof area while powering the entire electrical system which houses 131 tenants with a total gross floor area (GFA) of 296,588 sq ft.
DONE DEAL: Condominium at South Brooks, Desa ParkCity, Kuala Lumpur
Noteworthy:
● Freehold
● Built up:1,283 sq ft
● Semi-furnished corner unit
● Three bedrooms; two bathrooms
● 28 types of facilities and comes with crime prevention and security features
● Amenities: The Waterfront @ ParkCity, International School @ ParkCity and the ParkCity Medical Centre, driving distance to Tesco Kepong, The Curve shopping belt and 1 Utama Shopping Centre
● Easy accessibility via North-South Expressway (NSE), Kepong-Selayang Highway and Damansara-Puchong Highway (LDP)
When: March 2021
Call to revive JB’s abandoned malls
KGV International Property Consultants director Samuel Tan said agencies such as Iskandar Regional Development Authority and Johor Bahru City Council can help coordinate efforts to revive these malls
KL East Mall raises over RM60,000 for children with autism from B40 families
Sime Darby Property group managing director Datuk Azmir Merican: On top of raising funds for the deserving children, the aim of the campaign is to help the public to better understand autism and the challenges faced by the children
Report: Home Ownership Campaign extension ‘expected to spur’ consumer sentiment
AmInvestment Bank: We estimate that the 2021 stamp duty exemption for residential homes priced between RM300,000 and RM2.5 million could save up to 4% of the purchase cost, potentially spurring consumer sentiment
DONE DEAL: Duplex penthouse at Kiaramas Cendana, Kuala Lumpur
Noteworthy:
● Freehold
● Built up: 3,314 sq ft
● Semi-furnished unit
● Four bedrooms; five bathrooms
● Facilities: Hot water spa, infinity-edge lap pool, separate service lift lobby, remote video surveillance system and a manicured landscape
● Amenities: Within 5km away from 163 Retail Park, Solaris Mont’Kiara, Publika Shopping Gallery, government and international schools as well as medical centres
● Easily accessible via Sprint Highway and North-South Expressway (NSE)
When: March 2021
Topping out: Merdeka 118 marks major milestone
PNB president and group chief executive Ahmad Zulqarnain Onn: Despite experiencing a delay due to restrictions from the Movement Control Order (MCO) implemented last year, we are pleased that we are able to top out within our revised timeline
Urgent need on improving indoor air quality to fight Covid-19 – Dr Adeeba
World Health Organisation (WHO) Science Council member and infectious diseases expert Prof Datuk Dr Adeeba Kamarulzaman: I am not so worried about the larger establishments like shopping complexes and office buildings with ample spaces. It is the smaller individual shops and also restaurants where people take their masks off during eating that I am worried about.
