PROPERTY SNAPSHOT 1: Steady Seri Kembangan
Analysis of the secondary market in Seri Kembangan reveals that prices have appreciated across most properties.
Analysis of the secondary market in Seri Kembangan reveals that prices have appreciated across most properties.
If you’d like to be part of the heritage property boom in the Unesco World Heritage Site of George Town, there is one such opportunity on Kimberley Street.
Affordability and familiarity of home attract young buyers who have grown up in Cheras, Kuala Lumpur, to set up home next door.
Coming up on four acres of freehold land in Jalan Conlay, 8 Conlay will have a gross development value of RM4 billion and comprise two residential towers, named YOO8 Serviced by Kempinski, a hotel and a 5-storey retail podium.
From analysis of transactions by theedgeproperty.com, most of the projects surveyed in Cheras South charted strong annual gains in average price per square foot (psf) in the 12 months to September 2014, albeit from a low base.
The Klang Valley residential market continued to falter against headwinds in 2Q2015.
Despite its transformation, the majority of non-landed residences in Cheras South still consists primarily of low-cost apartments and flats. In the 12 months to 3Q2014, about half (49.5%) of transactions were under RM200 psf range and another 48.7% in the RM201 – RM400 psf range.
Before the wave of new developments at Cheras South, the landscape was fairly homogenous, consisting primarily of low and medium-cost apartments.
its recurring income stream both from its investment property, Amcorp Trade Centre, and renewable energy projects in solar and hydro with a combined 16MW, is growing.
Based on theedgeproperty.com’s analysis of transactions, prices of non-landed properties in Cheras South appreciated steadily from 2012 to 2014, although prices here are still very affordable.