Mention Damansara Heights and many assume that those who live there belong to the upper echelons of society, own palatial mansions and have a high net worth. That may not be true of course, but the area has an undeniable cachet that has made it a property hotspot.

The property market in Ara Damansara has benefitted from its proximity to the established neighbourhoods of Kelana Jaya and Petaling Jaya while the property market in Subang has stagnated.

The main component of the project is to extend an additional 345m in length to the breakwater constructed earlier and river protection works under the Pahang river estuary conservation (Phase 3) project.

While the Malaysian economy is not in a full-blown crisis, the slowdown is definitely giving many developers a headache.

The most expensive project by far is Ara Hill Condominium, with an average price per unit at RM1.4 million.

MRCB will use part of the cash from the disposal of up to RM152 million to acquire an estimated 145 million shares in MQREIT, increasing its stake from 31.2% to 32.9% post MQREIT’s placement.

With its vibrant economy and rising property prices, Sarawak’s capital city Kuching is well positioned to become the state’s most popular residential destination for investors and owner-occupiers.

While both Subang and Ara Damansara are located adjacent to each other, the latter is decidedly more upmarket.

Service charges are a monthly pain to many, especially those who live in strata buildings be they condominiums, serviced apartments, small office home offices (SOHOs) or others. With many other people living under the same development, common areas and facilities like gardens, gyms and pools that are not part of the owner’s own parcel are maintained by the building management in their various stages of composition from the Developer to the Joint Management Body and, ultimately, to the Management Corporation (MC).

A first class degree holder in Land Administration and Development from Universiti Teknologi Malaysia (UTM), Teo Z L joined the property industry six years ago as a junior real estate negotiator.