News by Edgeprop.my

Sold for: RM745,000; Concluded by: Elvie Ho (REN 22102) of Reapfield Properties KL Sdn Bhd (012-303 3788); When: August 2019

The high-rise condominium project is deemed to compromise the capacity of the pond to draw away water.

Every unit comes with fully-fitted kitchen and bathrooms, air-conditioners in each bedroom and living room, as well as smart home features such as smart locks. Units of 1,000 sq ft and above will come with two car park bays. The average selling price is at RM700 psf.

Knight Frank Malaysia executive director of corporate services Teh Young Khean: “…landlords competing to attract new occupiers as well as to retain existing tenants.”

Khor said that the award would spur the developer to further incorporate the IBS method in future construction projects.

A resident of the area said she would lose her garden, and have to demolish her porch, master bedroom and living room to make way for the project. 

Kimlun CEO and executive director Sim Tian Liang: As a businessman, I would not be optimistic [about a recovery] if the government continues to tighten its belt.

Iskandar Regional Development Authority has also been talking stakeholders such as the Johor government and property developers about ways to revive the property market.  

After Perbadanan Perwira Niaga Malaysia (Pernama) pulled out of the collaboration that was aimed at helping ex-servicemen participate in the c-store retail segment.

“… in the next two to three years, the trend may change [and move] a little towards the slightly more premium segment. We will ride the trend, depending on market sentiments.”