Residential market’s first signs of recovery since 2012
Value of secondary market transactions continued to climb from 2012
PROPERTY SNAPSHOT Mont’Kiara prices rise 7.8%
Prices in Mont’Kiara appear to be picking up momentum following a slower growth in preceding years
PROPERTY SNAPSHOT What’s affordable in Mont’Kiara?
In absolute amount, the most expensive transacted units were at 10 Mont’Kiara (RM3.22 million), followed by 11 Mont’Kiara (RM2.72 million) and Seni Mont’Kiara (RM2.05 million)
PROPERTY SNAPSHOT What are Mont’Kiara projects priced?
On a psf basis, the most expensive transacted were Verve Suites (RM1,086 psf), 10 Mont’Kiara (RM854 psf) and Kiara 9 (RM820 psf).
PROPERTY SNAPSHOT What’s hot in Mont’Kiara?
In 3Q2014, the average transacted price for Mont’Kiara was RM685 per square foot (psf), up 7.8% y-y
PROPERTY SNAPSHOT Brickfields prices hit new high
Brickfields is a two-tier market with projects within KL Sentral commanding a large premium over the older ones outside it
PROPERTY SNAPSHOT What’s affordable in Brickfields?
From a larger perspective, the majority of transactions (some 71.6%) in Brickfields still fall below the RM1.0 million mark
THE EDGE REIF 2015: Do you want to live in a gated development?
Residents in some old neighbourhoods are willing to cough out a substantial amount of money to either pay for security guards or set up fences
MRT Corp to engage landowners to cut private land buy cost for Line 2
Full cost of project can only be confirmed once the detailed design and stations are finalised
PM may announce HSR details after Malaysia-Singapore retreat next week
Najib scheduled to attend the Sixth Malaysia-Singapore Annual Leaders’ Retreat in Singapore starting May 5
