This week, the focus is on the secondary market of non-landed residences in one of Klang Valley’s most coveted addresses: Subang Jaya. Subang Jaya in this study is limited to residential and commercial areas covered by SS12 to SS19, as well as the industrial zones around the Subang Hi-Tech Industrial Park.
The homes were sold under the Setia 10:90 programme, where buyers need only to pay a deposit of 10%, with the remainder payable only after the property is completed.
Themed “A Better Home for a Better Tomorrow”, 15 developers participated in the showcase.
The first phase of this township features 176 units of 2-storey linked villas with built-ups of 2,394 sq ft, 2,626 sq ft and 2,965 sq ft; 52 units of 2-storey
semi-detached homes with built-ups of 3,492 sq ft and 3,482 sq ft; and six units of 2-storey bungalows with a built-up of 4,214 sq ft.
Sri Petaling’s property market is expected to continue to enjoy growth on rising demand from developers looking for land beyond the city centre, said property consultants.
The property developer said revenue stood at RM908.5 million, on the back of a 86% take-up rate of its two projects in Setia Alam launched in 1QFY16 with a gross development value (GDV) of RM128 million.
The Genting group has filed a lawsuit against authorities in the southern US state of Florida, in an apparent last-ditch effort to force the state to allow card games and slots at its Resort World Omni Center in downtown Miami, the Miami Herald reported.
Mass Rapid Transit Corp Sdn Bhd (MRT Corp) has awarded four work package contracts for the construction of the MRT Sungai Buloh-Serdang-Putrajaya (SSP) line (MRT2), with a combined value of RM4.2 billion.
The Construction Industry Development Board (CIDB) said the government will be mandating that all public projects worth RM50 million and above to adopt the Malaysian Carbon Reduction and Environmental Sustainability Tool (MyCREST), in a bid to reduce carbon emissions in the construction industry.
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