News by Rachel Chew

Rented for: RM9,500 per month; Concluded by: Eugene Pang (REN 30525) from MIP Properties Sdn Bhd (016-272 4227); When: September 2019

Located on a 1.65-plot at the Tun Razak Exchange (TRX) development, Core Residence is a high-end freehold project with a gross development value of RM1.4 billion.

 
 

Located just 9km away from the upcoming West Coast Expressway’s Sitiawan Utara interchange, the 112-acre township development will include residential properties, commercial properties, a healthcare centre, a boutique hotel and student accommodation.

Sold for: RM605,000 (RM422.78 psf); Concluded by: Royston Lau (PEA 1570) from Maxland Real Estate Agency (016 221 9389); When: August 2019; buyer liked that the unit is on a high floor and had nice pool views.

Shenzhen Bay Super Headquarters Base is one of six identified “Urban Living Room” projects undertaken by the Shenzhen Municipal Government to transform the city into a green and smart city for the future.

The recent decision by the Court of Appeal on a flat rate maintenance fee has stoked debate among stakeholders, some for and some against.

“I think the approach to revamp the Act is necessary but we must not just regulate and kill the creativity of the developers, especially when times are bad now and creativity is badly needed,” said the MD of JKG Land, who was one of the participants of the Fireside Chat. 

Many fail to know or understand their rights and obligations.

“Amid the challenging landscape of a subdued property market, the strategy is to launch more mid-range landed properties in the group’s flagship townships where the underlying demand by owner-occupiers is still favourable,” said president and CEO Datuk Khor Chap Jen.

Knight Frank Malaysia is the exclusive agent appointed by the property owner Media Chinese International Ltd (MCIL), which also owns the Chinese daily as well as Sin Chew Daily, China Press and Guang Ming Daily.