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House collapses in Cheras, developer issued stop-work order by DBKL

According to Kuala Lumpur City Hall (DBKL) in a statement on Monday (May 23), this is due to the incident where a double-storey house was destroyed after a retaining wall at the project site shifted on Sunday (May 22). Additionally, DBKL also mentioned that the Fire and Rescue Department had ordered the occupants of six nearby houses to evacuate.

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DONE DEAL: Shop unit at Damansara Utama, Selangor

Noteworthy:

  • Freehold

  • Built-up: 4,716 sq ft

  • Land size: 1,582 sq ft

  • Fully furnished

  • Amenities: Starling Mall, varieties of F&B outlets and convenience stores, financial institutions and KPJ Damansara Specialist Hospital

  • Accessibility: Damansara-Puchong Expressway (LDP), Sprint Expressway and Jalan Damansara

When: October 2021

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Sustained recovery on Asia-Pacific prime office rents – Knight Frank report

The Asia-Pacific Prime Office Rental Index for 1Q2022 increased 0.8% quarter-on-quarter (q-o-q), after rising by 0.3% in the preceding quarter – indicating a sustained economic recovery from 4Q2021. This is despite a turbulent first quarter of the year with multiple resurgences of Covid-19 in several markets, accelerating inflation and the Russian invasion of Ukraine weighing down market sentiments, said Knight Frank.

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DONE DEAL: Shop unit at The Earth, Bukit Jalil, Kuala Lumpur

Noteworthy:

  • Freehold

  • Built-up: 5,984 sq ft

  • Land size: 1,496 sq ft

  • Unfurnished

  • Amenities: Pavilion Bukit Jalil, Bukit Jalil Recreational Park, Bukit Jalil Stadium, Technology Park Malaysia, Bukit Jalil Golf and Country Resort

  • Accessibility: Lebuhraya Bukit Jalil, Shah Alam Expressway (KESAS) and Maju Expressway

When: November 2021

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DONE DEAL: Single-storey semidee house at SS14, Subang Jaya, Selangor

Noteworthy:

  • Freehold

  • Built-up: 2,200 sq ft

  • Land size: 3,692 sq ft

  • Unfurnished

  • Four bedrooms, two bathrooms

  • Amenities: Shopping malls such as Sunway Pyramid, SS15 Courtyard, Citta Mall, Subang Parade and Empire Subang, tertiary educational institutions, wet market, shoplots with convenience stores and eateries nearby, Sunway Medical Centre and Subang Jaya Medical Centre

  • Accessibility: KESAS (Shah Alam Expressway), Federal Highway, NKVE (New Klang Valley Expressway), LDP (Damansara-Puchong Highway) and NPE (New Pantai Expressway), plus SS15 LRT Station

When: March 2022

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