Gold Frieden Development taps into growing potential of Bentong
Situated 75km from Kuala Lumpur, Bentong is both a town and district in Pahang.
Situated 75km from Kuala Lumpur, Bentong is both a town and district in Pahang.
Secondary market in Mont’Kiara is likely to remain a buyer’s market for the foreseeable future.
Kuala Lumpur’s Jalan Tun H S Lee is ripe for redevelopment.
The land is at Gerbang Nusajaya and near MIB’s flagship development, Leisure Farm Resort.
Serintin, an amalgam of “serene” and “Mantin”, is a 26-acre freehold development that will offer 371 landed residences and 21 shopoffices. It has a gross development value of RM200 million.
S P Setia Bhd’s three-month “Jet Set with Setia” campaign, held in conjunction with its 40th anniversary, found a grand prize winner in Lee Sheng Jie at the concluding lucky draw on Dec 12 last year.
The highest absolute price growth can be found at SkyVilla Condominium, where the average price rose 18.6% y-o-y to RM333 psf.
A recent meeting with the management revealed that the group’s de-gearing exercise is underway with the proposed listing of its investment assets and construction arm, with a target set by end-2016.
Mah Sing indicated that it had repurchased the balance RM315 million nominal value of its redeemable CBs for RM337 million. The CBs had an original nominal value of RM325 million when they were issued in June 2011.
TheEdgeProperty.com’s analysis of transactions shows the average price of condominiums in the area was RM193 psf in 1Q2015, up 10.8% y-o-y.