A few years ago, developers with prime land in the vicinity of Kuala Lumpur City Centre (KLCC) were aggressively launching high-end condominiums, with views of the Petronas Twin Towers as their major selling point. It was reported that some units were going for more than RM1,800 psf.

Sceptics of Malaysia’s Petronas Twin Towers will remain, well, sceptics.

The property development landscape in Seri Kembangan is becoming more interesting withmore players getting into the act. Among them are Equine Capital Bhd and LBS Bina Bhd, both of which have presence in the southwestern side of Seri Kembangan.

Building on the Hua Yang Legacy

The word spa immediately conjures up visions of luxury and relaxation, and one may have noticed some recent developments incorporating some spa elements in homes.

As expected, there was no lack of interest in the five commercial buildings put up for sale by tender by real estate investment trust (REIT) Amanah Harta Tanah PNB2 (AHP2), which is managed by Pelaburan Hartanah Nasional Bhd.

Third-quarter Manhattan market reports recently released by the city’s top brokerage firms showed a slowing rate of price decline while the transaction volume increased. The question everyone is asking is when Manhattan would hit bottom.

The secondary luxury housing market in Sydney, one of Malaysians’ favourite overseas property investment destinations, is showing signs of recovery with rising demand and improving consumer confidence, according to Australia-based real estate experts.

KUALA LUMPUR: Ireka Corp is buying about one-acre of prime land on Jalan Kia Peng, where the Top Hat Restaurant once sat, from members of the Kuok family for RM87 million, or about RM2,000 psf.

Vendors of the land are Kuok Chiu Hoon Selina, Kim Kuok Strickland (formerly known as Kuok King Hoon Kim) and Farah Azman, all related to Tan Sri Robert Kuok, Malaysia’s richest man.

KUALA LUMPUR: Sunrise Bhd’s completed development 10 Mont’Kiara (MK10) has started the hand over process since early December 2009. A media tour of the premises on Dec 11 showcased very green spaces with a myriad of plants.