Ampang offers a diverse property landscape: one side of the Middle Ring Road 2 lies an exclusive ’hood frequented by expats; while on the eastern side of the MRR2, properties are older and in the affordable range.

East of Kuala Lumpur city, the Ampang municipality of Selangor is one of the Klang Valley’s oldest ’hoods . Many low-cost flats dot its housing estates while upmarket residences converge around Kelab Darul Ehsan golf course and along Jalan Ampang.

The gross revenue improved mainly due to the completion of the acquisition exercise of Tropicana City Mall and Office Tower, as well as higher rental at East Coast Mall following an asset enhancement exercise.

Holding power and innovation are the key until the next catalysts emerge

Based on theedgeproperty.com’s analysis of transactions, both prices and transaction volumes of non-landed residences in Ampang, Selangor have softened in 2014 since hitting their peak in 4Q2013.

The rental investment sub-sector will continue to be bright.

New developments and future MRT stations in the area boost secondary market prices.

Sunway Construction Group is the largest pure play integrated construction company listed on Bursa. SCG has extensive experience in handling public and private infrastructure jobs, including railway jobs such as the Light Rail Transit and the Mass Rapid Transit systems.

While investors may treat the asset injection news positively, PavREIT’s one-year forward yield of 5.5% implies a spread of less than 1.5% over the benchmark 10-year Malaysian Government Securities yield, which is thinner than other Malaysian REITS (M-REIT) peers. This suggests that the potential from asset injection has been priced in.

Perhaps the biggest appeal of new developments in suburban areas is the price. Homes that are far from the city centre are much cheaper.