Klang Valley retail space to hit 60 million sq ft in 2017
PETALING JAYA (Mar 1): The retail space in Klang Valley will hit the 60 million sq ft mark in 2017, said Savills Malaysia managing director Allan Soo.
PROPERTY SNAPSHOT 2: What’s affordable in Brickfields?
• Since its inception in the early 2000s, KL Sentral has transformed the once sleepy Brickfields area into a veritable cosmopolitan hub.
Knight Frank: More high-end condo project launches to be deferred in 1H2016
KUALA LUMPUR (Feb 29): Real estate consultancy firm Knight Frank Malaysia foresees more high-end condominium projects in Kuala Lumpur that were originally scheduled for launch by 1H2016 being deferred owing to the large amount of incoming supply and poor market sentiment.
Titijaya Land Bhd plans to launch two landed properties this year
SUBANG JAYA (Feb 29): Titijaya Land Bhd believes that market demand for landed properties remains resilient and plans to roll out two landed projects in Cheras and Klang this year, which have a total estimated gross development value (GDV) of RM205.
PROPERTY SNAPSHOT 1: Brickfields 1Q2015 average price down 6.9% y-o-y
• This week, the spotlight falls on the secondary market of non-landed residences in Brickfields and the integrated transport hub of KL Sentral.
Mah Sing targets RM2.3 billion sales this year
PETALING JAYA (Feb 26): Property developer, Mah Sing Group Bhd announced a sales target of RM2.
TitiJaya Land Bhd to unveil final block of H2O Residences early March
SUBANG JAYA (Feb 26): Titijaya Land Bhd will be unveiling the last block of its H2O Residences at Ara Damansara in Petaling Jaya early next month, according to the company’s executive director Charmaine Lim (pictured, below).
DONE DEAL: Office unit in The Vertical, Bangsar South, KL
Rented for: RM4,695 per month or RM5 psf (including 6% GST) Concluded by: Jaimie Lee of Property Hub Sdn Bhd (012-281 9182) When: December 2015 Noteworthy: * Built-up: 939 sq ft * The only unit with this built-up on the entire floor * High floor, facing east overlooking the Pantai area * Partly furnished with air-conditioning units, flooring and pantry * MSC-status-certified office building The Vertical comprises two office buildings and the above mentioned unit is located in The Vertical II Office Suites, also known as Tower B.
Paramount to double property launches in 2016 to RM770m
KUALA LUMPUR (Feb 25): Paramount Corp Bhd is doubling its property launches this year to RM770 million, from RM313 million in 2015, and aiming to have RM480 million new sales for the financial year ending Dec 31, 2016 (FY16).
