PROPERTY SNAPSHOT 3: What are developments priced in Taman Desa?
Taman Desa is known for being a quiet, affluent residential enclave close to the Kuala Lumpur city centre.
Taman Desa is known for being a quiet, affluent residential enclave close to the Kuala Lumpur city centre.
As the full implications of the UK’s exit from the European Union will take time to unfold, we believe the associated political and economic uncertainties, coupled with the resulting impact on the British pound would make UK assets, including commercial properties, unattractive over the medium term.
A flurry of transactions has lifted the mood in the Singapore office market and points to more investment sales over the next 12 months.
Tropicana Corp Bhd is planning to launch RM1.5 billion worth of projects this year. To kick-start the process, it will unveil three projects in the Klang Valley by early July.
Taman Desa is an affluent and established neighbourhood. Most of the landed properties were originally developed in the 1970s. The condominiums began to appear in the 1980s, built by developers such as Faber Group, who recognised the potential of Taman Desa’s strategic location.
If you juxtapose Hong Kong’s initiatives with what is happening in Malaysia, you will see shortcomings that aggravate the dire consequences of the labour shortage, which include hasty policy changes such as the freeze on the intake of foreign labour four months ago.
Developed by Land & General Bhd back in the 1990s, Bandar Sri Damansara is becoming increasingly affluent. The 1,200-acre freehold township is located on the border of Kuala Lumpur and Selangor, 15km from Kuala Lumpur City Centre and 14km from Petaling Jaya.
This week, the spotlight falls on the secondary market of non-landed residences in Taman Desa, Kuala Lumpur. Originally developed in the 1970s, Taman Desa is now a mature and well-established neighbourhood. The area is known as the home of Desa Waterpark, Taman Desa Medical Centre as well as numerous upmarket dining spots.
Love for the job is pushing RealProperty.My principal Amanda Goh to aim for greater heights.
Terraced houses here continue to be in demand.