PROPERTY SNAPSHOT What are developments priced in Dutamas?
The most expensive development is Solaris Dutamas, with an average price at RM902 psf
The most expensive development is Solaris Dutamas, with an average price at RM902 psf
Prices of non-landed residences in Dutamas have yet to catch up to those at Mont’Kiara
Sunway has a RM2 billion launch pipeline in FY15, of which 30% is from Sophia Hills in Singapore
Based on theedgeproperty.com’s analysis of transactions, the average price per square root (psf) for Dutamas in 3Q2014 rose 0.2% y-y to RM494 psf
Tenancy agreement with ExxonMobil is likely to be renewed. This is in view of the good relationship established with ExxonMobil and the prime location of the property in the KLCC Development Area.
Apart from being well-diversified, Weida’s balance sheet is relatively strong with a net cash position of RM64.7 million or 4.9 sen per share at the end of the fourth quarter of FY15
Outstanding construction order book of RM1.6 billion and PDP order book of RM12.2 billion should last until 2022
Non-landed properties in the Kerinchi/Pantai area expected to enjoy steady capital appreciation with further gentrification
Proposal will help protect the interests of locals in the housing market, say agents
There is also an option for StorHub to renew the tenancy for a further three terms of three years at a revised rental to be mutually agreed