M3 Mall in Taman Melati to open in October
M3 Mall, a joint venture between Dewan Bandaraya and Gerbang Mekar Sdn Bhd coming up in Taman Melati, Kuala Lumpur, is over 80% tenanted.
M3 Mall, a joint venture between Dewan Bandaraya and Gerbang Mekar Sdn Bhd coming up in Taman Melati, Kuala Lumpur, is over 80% tenanted.
The development builds on Ferringhi Residence, being a resort condominium in the tourist belt of Batu Ferringhi.
According to the report, the gross asking rents at KL CBD is RM6.34 psf/month in 2Q2015, which increased slightly from RM6.30 the previous quarter due to new building completions. KL fringe, meanwhile, saw gross asking rents of RM5.98 psf/month in 2Q2015
Spanning 40 acres of leasehold land, the new phase offers 2-storey, 4-bedroom bungalows with a built-up area of between 1,959 to 2,702 sq ft, and a land size of between 1,400 and 1,800 sq ft. Prices start at RM629,800.
Jesselton Villas is a 58-acre guarded freehold development made up of three parcels
The city’s median house price has rose to A$914,000 (RM2.6 million) at an annual growth rate of 15%