PROPERTY SNAPSHOT Paradigm Mall lifts Kelana Jaya
Kelana Jaya is part of Petaling Jaya and includes Aman Suria, Taman Mayang, Taman Mayang Jaya, Taman Bukit Emas, Taman Kelana Idaman, SS3, SS4, SS5, SS6 and SS7.
Kelana Jaya is part of Petaling Jaya and includes Aman Suria, Taman Mayang, Taman Mayang Jaya, Taman Bukit Emas, Taman Kelana Idaman, SS3, SS4, SS5, SS6 and SS7.
WITH Mont’Kiara approaching saturation point and development land becoming scarcer, property projects have been moving into neighbouring areas such as Dutamas and Segambut. The newest area is called North Kiara, where in some parts, expats strol amid kampung children riding bicycles and locals thronging the stalls along the road. But for how long?
We reiterate our “buy” call on Malaysian Resources Corporation Bhd (MRCB) with an unchanged fair value of RM2.22 per share, a 20% discount to its net asset value (NAV).
UEM Sunrise Bhd has announced that it is selling Imperia Building to UEM Group Bhd for RM137.8 million (inclusive of the RM7.8 million goods and services tax (GST).
Prices in Setapak have surged in the past two years on the back of new launches with higher prices. Based on analysis of transactions by theedgeproperty.com, average prices grew 12.5% y-o-y to RM389 psf in 3Q2014.
Prices of homes on Johor Baru’s secondary market remained firm in 1Q2015, according to The Edge-KGV International Property Consultants Johor Baru Housing Monitor for the period.
The property market in Setapak is fairly level, with condominiums and apartments in the area predominantly serving the affordable and mid-end segment.
Many of Setapak's new projects have been attractively priced to target the mass-market segment.
Sunway Real Estate Investment Trust
(June 26, RM1.60)