The slowdown in the real estate market does not seem to have deterred property-related companies from buying more land. This could be due to the belief that as land is scarce, they should move fast if an opportunity arises.

With many new developments coming up, the Selayang secondary market for non-landed homes has soared. 

Al-Salam REIT has a good combination of young and stable assets such as QSR Properties and KFCH International College (under triple net and step-up long leases) anchoring the earnings base, while newly refurbished Komtar JBCC provides much room for rental to play catch-up.

The land is located at the Western Suburbs of Pretoria, which is in close proximity to the Lansaria Airport and just north of the N14 Highway. It takes about 20 minutes’ drive from Blue Valley Golf & Country Estate via the R562 or R55 roads.

The most expensive address here is Selayang Point, with an average price of RM363 psf.

Cambridge has been experiencing the highest house price growth in the country, rivalling even that of overpriced London.

Current real estate trends are interesting as they give an idea of how customers’ behaviours and tastes are evolving.

The Selangor portion of Selayang, north of Kuala Lumpur, is a fairly mature suburb where the mass market remain fairly affordable.

MQREIT has the rights of first refusal to Malaysian Resources Corp Bhd’s stable of investment properties, which may carry values of up to RM1.5 billion in aggregate.

Novum, formerly known as Resonance, will come up on a three-acre freehold parcel along the Federal Highway. It will comprise three towers of 37 to 41 storeys, featuring 729 condos with built-ups of 647 to 1,445 sq ft. These include dual-key units.