News by Rachel Chew

Tadmax Resources Bhd expects good take-up for its soon-to-be-launched condominium project, Mizumi Residences in Kepong. The project is located at Jalan Metro Perdana Barat and adjacent to the Middle Ring Road 2 (MRR2).

Technology may change the way we work and communicate, but human beings still want that personal touch that only another fellow human being can give. Hence, the ideal city of the future would be an intelligent one that makes life easy yet allows people to step out of their homes to have real connection with other people, said the experts that shared their views at the Future Forward Forum on Sept 29, 2016. 

Property portal TheEdgeProperty.com was invited to share its findings on the property market at a luncheon talk organised by Credit Suisse Securities (Malaysia) Sdn Bhd on Oct 5.

“The existing approval criteria, margin of financing, and limited availability of loan providers may be prohibitive for many of these buyers, which prevent them from owning their first home or upgrading to a larger space.”

As homes get smaller in an increasingly urbanised world, storage space has become even more crucial for homeowners.

What makes for a successful township and integrated development? According to one of the top property developers in the country, S P Setia Bhd, the main contributing factor is sustainability.

With the push from key growth catalysts such as the Mass Rapid Transit (MRT) and big township developments, both landed and non-landed residential properties in major townships in the Klang Valley and Greater KL including Cheras, Kajang/Semenyih, Kota Damansara and Subang Jaya have all recorded compound annual growth rates (CAGR) of 10% and above.

Sold for: RM890,000 (RM643 psf); Concluded by: Belle Low (REN 06824) from Hartamas Real Estate (012-503 5111); When: August 2016

Sunway Hotels & Resorts said the move to open the regional sales office is in line with its Greater China market development project in partnership with Century Holiday International Travel Group.

Jointly developed by Tan & Tan Developments and Japan’s Mitsubishi Jisho Residence, Stonor 3 is located on a 1.48-acre freehold site along Lorong Stonor. It has a gross development value (GDV) of RM650 million.