PROPERTY SNAPSHOT 4: What’s hot in Bukit Jalil?
Sri Rakyat recorded the highest growth of average price per square foot (psf), up 30.7% y-y to RM175 psf in the 12 months to 3Q2014
Sri Rakyat recorded the highest growth of average price per square foot (psf), up 30.7% y-y to RM175 psf in the 12 months to 3Q2014
Of the total revenue of RM438 million for 1HFY15, property development and industrial land sales contributed RM338 million and RM95 million respectively
“The ringgit’s continuing slide against worldwide currency baskets is likely to attract a significant amount of foreign investment for the right properties and land during the second half of the year,” says Knight Frank.
Based on transactions analysed by theedgeproperty.com, the average price psf of condominiums and apartments in the area was RM444 psf in 3Q2014, up 19.3% y-o-y.
We are positive on the JV as the land is located next to MKH’s existing 270-acre Kajang 2, which will be linked to a KTM commuter station
WCT is expected to net RM107 million from the rights issue, which was issued at RM1 per share. By the same token, the exercise price for the new warrants is RM2.08 per share and could potentially raise a further RM500 million.
Given the sharp increase in the number of Malaysians now living in apartments and the popularity of gated communities, the authorities have introduced the Strata Management Act 2013 (SMA 2013), which came into effect on June 1
With retailers continuing to be spoilt for choice, developers of new and less prominent malls are offering attractive incentives, partnership and short-term tenancies to pop-up retailers to improve occupancy
Bukit Jalil is quite diverse in character
Meda last month announced that it was acquiring a 4.18-acre parcel in Jalan Satu, Chan Sow Lin, Kuala Lumpur, for RM180 million