The landbank has a potential gross development value (GDV) of RM15 billion, comprising an integrated township (Eco Gardens) and a business park (Eco Business Park V) which is accessible via the Kuala Lumpur-Kuala Selangor Expressway, Guthrie Corridor Expressway and North-South Expressway.

This township in Selangor has seen very strong housing price growth over the years. More upside is expected in the future when the LRT extension of the Ampang Line is completed. It is also expected to gain from the growth of its neighbours — Bukit Jalil and Puchong.

A look at price growth and indicative asking rental yields for non-landed residences in Bandar Kinrara.

The objective is to solve the urban transport woes by connecting all forms of urban transport network in a coherent transit-commute grid. Hence, the planned Bus Rapid Transit (BRT) projects are slated to be rolled out expeditiously.

It looks like a win-win deal but read the fine print to avoid future problems.

Up until recently, the landscape in Bandar Kinrara was fairly homogenous, consisting primarily of low-cost apartments and flats, but this is changing.

The scope of works, such as earthworks, sewerage reticulation and sewerage treatment plant is for site preparation for the development of Kwasa Damansara township in Sungai Buloh, Selangor, which will span over 52 weeks and is expected to be completed by October 2017.

IJM Corp Bhd (Sept 21, RM3.35)

While 75% of UEM Sunrise’s landbank is located in Nusajaya, the management is looking to diversify beyond Nusajaya. One of the options would be land swap arrangements to leverage on its large land bank in Nusajaya, which we have not priced in at this point.

Quill, whose business ranges from property development to automobiles and retail to healthcare, recently put in a proposal to develop a parcel at the corner of Jalan Utara and Jalan 51A/223 that is currently being used as a parking lot.