Since December 2014, Mudajaya has managed to secure RM809 million worth of works at Rapid.

While addresses in Central City Kuala Lumpur carry less prestige than KLCC ones (analysed in a separate article), most properties here still fall into the high-end segment.

Group is also building highways such as the Damansara-Shah Alam Elevated Expressway and Sungai Besi-Ulu Klang Elevated Expressway.

The areas covered include Bukit Bintang, Bukit Ceylon, Chow Kit and Pudu. Geographically, the study area is bounded by Lebuhraya Sultan Iskandar and Jalan Tun Razak to the north and extends south, up to Jalan Istana.

The naming a development or an area is an important part of building a brand. The right name for a project or an area could add to its prestige by creating the right associations in a prospective buyer's mind, leading to its property values trending upwards.

There were deals that set new records and those that drew in foreign investors. And there were some that sprang a surprise or raised eyebrows.

The total cumulative office space under construction in KL City, KL Fringe and Beyond KL stood at 9.88 million sq ft. The supply of office space is expected to grow about 10.7% from 4Q2015 to 4Q2017.

Located next to Kelab Golf Sultan Abdul Aziz Shah, Vila Elemen will offer semi-detached houses and bungalows. Kenneth Lee of developer Tekat Maju says the project will cater for those who covet exclusivity.

Corwin owns a leasehold property, which is an eight-level shopping mall building known as The Verge. We view the disposal price as fair although it was above what we ascribed in our sum-of-parts (SOP) valuation due to the stronger Singapore dollar.