News by Rachel Chew

High-rise residential market to remain slow for next two years

The 10-acre freehold Agile Mont’Kiara comprises 11 towers with a total of 813 units, ranging from 1,162 sq ft to 5,037 sq ft.

Location, proposed MRT stations and established amenities draw homebuyers to the area.

It looks to be another challenging year for the property market, especially the residential sector.

The confirmed anchor and minor anchor tenants are IKEA, Parkson, Golden Screen Cinemas, Village Grocer, Best, Zara, Uniqlo, Mango, Spotlight, Celebrity Fitness, F.O.S, Food Junction, Kids e World, Al-Ikhsan and MPH Bookstore.

Officially launched on Nov 4, the hotel, which comes under the St Giles Premier Hotel banner, was developed and is operated by Tank Stream Holdings, a subsidiary of IGB Corp.

The 50-storey SM Megamall Towers development will come up in the centre of Ortigas in Mandaluyong City, a major commercial business district within Metro Manila.

In addition to the school uniforms, UOA also contributed 10 laptop computers as lucky draw prizes for the children at the event.

Bandar Sri Damansara and Damansara Damai, collectively known as Damansara North, are expected to gain from the spillover of the Kwasa Damansara mega township development in neighbouring Sungai Buloh.

Notable affordable housing projects developed by MKH include Pelangi Semenyih 2, Hillpark Home in Semenyih and the ongoing Hillpark@Shah Alam North.