KLK’s downstream capacity has expanded significantly after recent investments and acquisitions

Many of the top-performing properties are located within the vicinity of Paradigm Mall

We expect SCGB to clinch contracts of the upcoming major infrastructure projects, such as Mass Rapid Transit Line 2, Light Rail Transit 3 and Bus Rapid Transit, given its successful track record

Condominiums in Kelana Jaya are designed to serve the mass market

The Champs Élysées development is a 24-storey building occupying 1.5 acres. Boasting Gothic architecture, it features serviced suites and 30,000 sq ft of commercial space on the ground floor and has a gross development value (GDV) of RM151 million.

Sterling Condominium is the most expensive development in Kelana Jaya, with an average transacted price of RM714,000

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).