News about Damansara Heights

“E&O will be very busy soon!” You can see how Datuk Tee Eng Ho’s eyes light up as he shares about the upcoming launches, openings and improving hotel bookings under Eastern & Oriental Bhd (E&O), which he is newly helming since his increased shareholding in the high-end property development firm this year.

PETALING JAYA (July 30): Kerjaya Prospek Group Bhd has secured a construction contract worth RM139 million for a landed residential construction project in Damansara Heights, Kuala Lumpur.

Read also DONE DEAL: Two-storey terraced house in M Residence, Rawang, Selangor DONE DEAL: Two-storey terraced house at Ara Damansara, Selangor Damansara Heights, or also known as Bukit Damansara, is well-known as an upscale residential area surrounded by various amenities and easy accessibility via highways.

KUALA LUMPUR (April 10): A report by The Edge Malaysia asked the question – why did Kerjaya Prospek Group Bhd co-founders Datuk Tee Eng Ho and his brother Tee Eng Seng buy into E&O? Their “recent move” to “mop up additional shares in Eastern & Oriental Bhd (E&O), hitting the 33% threshold for a mandatory general offer (MGO), has left many investors wondering what they see in E&O that others do not”, wrote the weekly.

The first nine months of 2020 saw a total of nine bungalows, five semidees and five condominiums change hands.

Declining prices or not, Damansara Heights in the heart of Kuala Lumpur continues to fly high as a hot and affluent address in the Klang Valley.

In an EdgeProp.

KUALA LUMPUR (Jan 23): The “upmarket” Plaza Batai (pictured) located in Damansara Heights will be demolished to make way for serviced apartments, The Edge Malaysia reported in its latest issue.

KUALA LUMPUR (Dec 19): The value of transactions linked to real estate investment trusts (REITs) have reached about RM2 billion this year, The Edge Malaysia reported in its latest issue.

KUALA LUMPUR (Dec 5): A report has revealed that two commercial property deals worth about RM180 million were inked for “adjoining locations of Damansara Heights and Bukit ­Kiara in Kuala Lumpur”.