DONE DEAL: Office building, Dataran Mentari, Bandar Sunway, Petaling Jaya
Sold for: RM25.8 million; Concluded by: Joanne Soh (REN 13124) of CBD Properties Sdn Bhd (012-297 6506); When: July 2019
What it takes to regenerate Kg Baru Salak South
Chen Chong Hing, 67-year-old retiree: “There are many people like me who have moved out but come back every day to visit old friends. This is something modern residential developments cannot offer — community life where everyone knows and cares for each other.”
DONE DEAL: Office unit, Uptown 5, Damansara Uptown, Petaling Jaya
Rented for: RM14,014 per month (around RM5.20 psf); Concluded by: Ling Chai (REN 20461, 017-812 8196) of Griffin Properties; When: August 2019
Malaysian developer takes on Thai holiday homes market
“It was a beautiful afternoon, when we welcomed a retired Switzerland couple to our first show villa in Hua Hin, Thailand.
Why Hongkongers choose Malaysia
“I wanted to change my lifestyle, maybe start a small business, so that I can have more time for my family and give them a better living environment. This was why I chose to move to Malaysia.”
Property prices in Malaysia at least five times lower than in HK
“Interest towards Malaysian properties was already on the uptrend, especially after the travel show hosted by Hong Kong artist Chapman To called Pick me up to Malaysia went on air end-April.”
Developers should confirm their EOT approvals with KPKT minister
“Housing developments are getting more sophisticated these days with concepts such as mixed-use and integrated schemes that perhaps require longer construction time.”
DONE DEAL: Office space, The Vertical Office Suites, Bangsar, KL
Rented for: RM14,000 (around RM4.70 psf); Concluded by: Ken Lim (REN 35200) of CBD Properties Sdn Bhd (017-806 0113); When: August 2019
