Home to Paradigm Mall and serviced by the Kelana Jaya LRT Line, Kelana Jaya is a highly popular neighbourhood. Based on TheEdgeProperty.com’s analysis of transactions, the average transacted price was RM431 psf in 1Q2015 while the average transacted price per unit was about RM516,000.

MALAYSIA has many malls, especially in the Klang Valley — from mega and strata-titled shopping centres to neighbourhood malls. The retail sector has evolved over the years and as more supply comes onstream, concerns of a glut grow.

This week, the spotlight falls on the secondary market of non-landed residences in Kelana Jaya, Selangor. The areas covered include Aman Suria, Taman Mayang, Taman Mayang Jaya, Taman Bukit Emas, Taman Kelana Idaman, SS3, SS4, SS5, SS6 and SS7.

Loan approvals are harder to come by. Here is how you can improve the odds of securing one.

Truth be told, hacking at and tearing down walls of a newly-bought property are a norm these days, be it a brand new or lived-in unit.

We are expecting its order book to expand to RM1 billion and an improvement of 1.5 percentage points (ppts) of net margin from 13% to 14.5% for financial year ended Dec 31, 2016 (FY16) with its three-year strategic plan.

The key drivers are primarily revenue growth (+4.6% y-o-y) on the back of a stronger rental income (+4.8% y-o-y) and other income growth (+4.0% y-o-y), subsequent to renewals at Mid Valley Megamall (which is staggered at an average of 33% of net lettable area each year) and higher turnover sales (given the festive season in February 2016). This resulted in a 4% y-o-y expansion in net property income.

As a greenfield development, Iskandar Puteri in Johor, formerly known as Nusajaya, has gone through two growth phases — infrastructure and property development. The question now is what industry should be promoted to turn it into an economically vibrant city?

New office supplies as well as potentially lower rental rates in suburban locations could spur a relocation of some tenants, which are also coping with lower business revenues.

The implications of this leadership race may not be as far-reaching as the presidential elections across the pond in the United States later this year; nonetheless, London’s mayoral election does attract a fair amount of attention.