DONE DEAL: Damansara Foresta condominium, Bandar Sri Damansara, Selangor
Sold for: RM838,000 (RM520 psf) Concluded by: Nelson Leong (REN 15269) of Cornerstone Realty (012-813 1889) When: August 2016 Noteworthy: ● Freehold ● 1,610 sq ft ● Corner unit ● 3+1 bedrooms and 3 bathrooms ● Bathtub in master bathroom ● Accessible via LDP, Sprint Expressway, MRR2 and NKVE Developed by Land & General Bhd (L&G), Damansara Foresta is a freehold development located in Bandar Sri Damansara.
Transaction volume expected to remain low
THE domestic property market is likely to remain slow in terms of transaction volume going forward.
L&G to launch properties worth over RM1.6 bil in next six months
KUALA LUMPUR (Sept 7): Land & General Bhd (L&G) is aiming to launch projects worth more than RM1.
Cash on hand, the ultimate buffer
KUALA LUMPUR (July 25): The slowdown in the property sector has prolonged for over a year.
Increasing affluence in a good neighbourhood
DEVELOPED by Land & General Bhd back in the 1990s, Bandar Sri Damansara is becoming increasingly affluent.
L&G to officially launch Astoria this weekend
KUALA LUMPUR (April 11): Land & General Bhd (L&G) will introduce a new buyer’s package for its serviced apartment project Astoria Ampang here which will be officially launched this weekend.
MRT 2 major awards in the offing
Construction sector Maintain “overweight”: The Edge weekly reported that IJM Corp Bhd, Sunway Construction Group Bhd (SunCon) and Gadang Holdings Bhd are among the leading contenders for major work packages under the mass rapid transit (MRT) 2 line.
PROPERTY SNAPSHOT 4: What’s hot in Damansara North?
Here are the price growth trends and indicative asking rental yields for non-landed residences in Bandar Sri Damansara/Damansara Damai, which we call Damansara North.
