Headwinds expected, but new government policies expected to drive incoming investments to revitalise property market – Knight Frank
Malaysia needs to bring back investors’ trust and faith in order to see recovery across all sectors.
Industry players expect KPKT minister to solve housing woes
Nga Kor Ming, who started duty helming the Local Government Development Ministry (KPKT) less than two weeks ago, is expected to hit the ground running in tackling the housing woes and affordability issues faced by the rakyat.
First phase of the Darulaman Lagenda sold out, strong demand from ‘younger generations’
Sales data indicated that 53% of purchasers were aged between 20 to 30 years old while 41% of buyers were from the 31 to 40 age group.
S P Setia Foundation hosts educational outing for 90 primary school kids
The 90 students were from SK Semenyih, SJK(C) Kampung Baru Semenyih and SJK(T) Ladang Rinching which are schools adopted under S P Setia Foundation's Setia Caring School Programme, as well as SK(Asli) Bukit Tampoi, Dengkil.
Ramboll calls on students to take on engineering challenge
The Paper Power Project competition, conducted in collaboration with Dr Kody Kato of the Office of Design Evolution, “challenges students to reimagine how large modern structures can be built with sustainable materials to promote design excellence amongst our youth”.
Strata living: Tackling defects in common property before JMB formation
Getting your keys to your house is worth every celebration, but after the champagne is cleared comes the work of checking the asset.
Megah Rise mall all set to open on Dec 18
The mall has approximately 142,000 sq ft of net lettable area and its “curated retail experience features an eclectic mix of food and beverage outlets, a premium grocer and recreational facilities.”
Knight Frank expects recovery in local hotel market to continue in 2023
Its report also revealed that hotel occupancy in Kuala Lumpur has been rising since the start of 2022, reaching 60% in August 2022.
DONE DEAL: Condominium unit, Sunway Palazzio, Taman Sri Hartamas, Kuala Lumpur
Noteworthy:
- Freehold
- Built-up size: 2,507 sq ft
- 3 bedrooms, 4 bathrooms
- Fully furnished
- Nearby amenities: Hartamas Shopping Centre, Plaza Damas, international schools, Sri Hartamas Park, convenience stores
- Accessibility: Sprint Expressway, New Klang Valley Expressway (NKVE), Duta-Ulu Klang Expressway (DUKE), Jalan Duta and Federal Highway.
When: September 2022
Sime Darby Property sees 90% take-up for Phase 1 of Serenia Aqila
Serenia Aqila is the first freehold semi-detached homes in the township and “offers buyers with lavish living spaces while embracing the calm of nature”, stated Sime Darby Property in a media release.
