In Depth

Bringing something new to the Raub property market

“We want to bring Kuala Lumpur’s lifestyle to Raub but our homebuyers won’t have to pay KL prices. And they still get to enjoy the same kind of facilities,” says Green Target Group’s CEO Datuk Tan Hong Lai.

Higher sales expected for Tambun Indah this year

New sales reached RM70 million in 4Q against RM22 million in 3Q when Tambun Indah was still awaiting the APDL. Its full-year sales amounted to RM263.41 million, down from RM429.11 million in 2014, given the slow approval process.

Muted growth seen in Johor for last quarter

According to data provided by KGV International, only seven new non-landed projects or phases were launched in the last quarter of 2015. Two notable launches were Eco Palladium at Tebrau by Eco World Development Group Bhd and the first phase of Forest City at Tanjung Kupang by Country Garden PacificView Sdn Bhd.

MRT 2 major awards in the offing

MRT 2 is estimated to have an end-to-end journey time of 82 minutes. The proposed alignment moves along the Sungai Buloh-Serdang-Putrajaya corridor.

Eng Han grows its property development unit

Eng Han Group’s portfolio includes Premiere Hotel in Bandar Bukit Tinggi, Klang; Wisma LYL in Petaling Jaya; Mesa Hill in Nilai, Negeri Sembilan; M City in Jalan Ampang; Aston Kiara 3 in Mont’Kiara and Nadayu 92 in Kajang.

PROPERTY SNAPSHOT 2: What’s affordable in Brickfields?

Brickfields offers a diversity of properties. Some 31% of  transactions were for units priced over RM1 million while 15.5% were in the range of RM400,001 – RM500,000 and 12.1% were in the range of RM800,001 – RM900,000.