News about Ara Damansara

Rented for: RM20,000 a month Concluded by: Christine Lim (REN 01622) of Tech Realtors Properties (012-633 3333) and Freeman Woo (REN 05026) of MIP Properties (012-656 7617) When: October 2016 Noteworthy: ● leasehold ● golf club view ● gated-and-guarded development ● unit land area: 7,700 sq ft; built-up size: 9,000 sq ft, ● two storeys ● 4+1 bedrooms and six bathrooms ● Clubhouse facilities: tennis and badminton courts, bowling, swimming pools, 27-hole golf course, library, gaming room, gymnasium, children playground and multipurpose hall ● Near amenities that include an international school, university, medical centre, shopping malls, convenience store and restaurants ● Easy access to Jalan Tropicana Utama which connects to neighbouring townships in Petaling Jaya, the New Klang Valley Expressway and Damansara-Puchong Highway Developed by Tropicana Corp Bhd, Tropicana Golf & Country Resort is a luxury residential project in a gated-and-guarded community.

PETALING JAYA (March 2): The 14-year-old IPC Shopping Centre in Mutiara Damansara in Petaling Jaya, Selangor, which is now undergoing a centre-wide facelift and upgrade, will be welcoming the public with a new look by the end of this year in conjunction with its 15th anniversary celebration.

KUALA LUMPUR (Feb 22): The Real Estate & Housing Developers’ Association Youth section (Rehda Youth) organised a study tour of two healthcare-related property projects on Feb 17.

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KUALA LUMPUR (Feb 3): AmInvestment Bank Research, which issued an unrated report on Batu Kawan Bhd, sees the stock as an undervalued gem.

Maintain buy recommendation with an unchanged target price of RM1.

THE Kuala Lumpur office market will remain restrained in the near future despite opportunities for investors, institutional funds and real estate investment trusts.

PETALING JAYA (Nov 29): D’sara Sentral in Sungai Buloh saw an 81% take up after a preview of its OLO serviced residence last weekend.

KUALA LUMPUR (Nov 29): Putrajaya Perdana Bhd's wholly-owned unit Putra Perdana Construction Sdn Bhd has been awarded a RM408 million contract to build Sime Darby Ara Damansara Development Sdn Bhd's Cantara Residences.

KUALA LUMPUR (Nov 29): Sime Darby Property has signed on Turner International, an international construction services company, as its project and construction management consultant for the design, quality and delivery of three Sime Darby projects.