News by Rachel Chew

Amongst all segments, terraced houses recorded the highest price growth of 78%, where average selling price (psf) increased to RM478 from RM268 in 2012, while bungalows and semidees recorded price growths of 48% and 29% respectively.

The 11km OKR is one of the oldest and busiest thoroughfares in KL.  It is also home to some of the oldest and most established housing areas in KL like Taman OUG and Taman Desa — with sought-after homes still commanding great value for their proximity to the city centre.

Noteworthy:
● Freehold
● Built-up: 6,000 sq ft; Land size: 8,000 sq ft
● Six bedrooms; five bathrooms
● Semi-furnished unit
● Facilities: Playground, jogging track and 24-hour security
● Amenities: Shoplots, schools, park, banks, restaurants, office buildings, shopping malls and hospital

When: October 2020

Noteworthy:
● Freehold
● Built-up: 1,098 sq ft
● Two bedrooms; two bathrooms
● Tasteful interior design and furnishings
● Facilities: Swimming pool, gym, game room, children’s playground, gourmet kitchen
● Amenities: Shopping malls, medical centre, international school, restaurants, grocery store and commercial hub

When: November 2020

Eunice Teo, who is the principal of Amtrol Flower Designing, was also the evaluator of AIFD and the mastermind behind the beautiful flower creations in worldwide-blockbuster movie Crazy Rich Asians.

Interested in auction properties?

“The pandemic has accelerated the use of technology in the operation of auction houses.”

A check with auction houses show that indeed, prices on the foreclosure market have slumped to as much as 30% to 40% below market value.

Noteworthy:
● Freehold
● Built-up: 2,411 sq ft
● Four bedrooms; five bathrooms
● Semi-furnished high floor unit with unblocked city view
● Facilities: Art gallery, tennis and squash courts, swimming pools, Jacuzzis and sculpture garden
● Amenities: International schools, medical centres, shopping malls, commercial hubs and offices
● Easy accessibility via North-South Expressway, DUKE highway and PENCHALA Link

When: August 2020

The leasehold development carries a gross development value of RM80.2 million and is slated for completion by the first quarter of 2023.