Maxim Global to buy land in Setapak for RM25.7m
KUALA LUMPUR (Oct 28): Maxim Global Bhd, formerly known as Tadmax Resources Bhd, is buying a piece of leasehold land measuring 9,775 sq m in Setapak for RM25.
Too good to be true?
While we have discovered quite a number of terraced houses actually selling below RM600,000 in the secondary market, we did wonder if these were really good deals.
EdgeProp.my: Asking rental for condos in Wangsa Maju and Setapak
In terms of rental, EdgeProp.
EdgeProp Research: Transaction prices trending down in Wangsa Maju and Setapak
Amidst a tough year in 2020, Wangsa Maju has recorded 81 residential property transactions in the first three quarters last year, while Setapak saw 204 residential properties change hands, according to EdgeProp Research.
Why Wangsa Maju and Setapak are popular
The proximity to institutes of learning in Wangsa Maju and Setapak is a huge draw for both tenants and by extension, property investors.
So, should investors still consider Wangsa Maju and Setapak?
Despite the dropping student population, realtors still believe in the potential of Wangsa Maju and Setapak.
Now a tenants’ market, will Wangsa Maju and Setapak property keep its shine?
A favourite with students, Wangsa Maju and Setapak in Selangor have always enjoyed good rental yields of 4% to 6%.
Platinum Victory focuses on affordable type projects including a JV with Jakel this year
KUALA LUMPUR (March 4): Platinum Victory Sdn Bhd plans to launch a few competitively priced projects in Setapak this year, namely Platinum Casa Danau, The Ark by Platinum and mixed development J.
TCS bags RM323m construction job for M Arisa serviced apartment
KUALA LUMPUR (Oct 7): TCS Group Holdings Bhd’s wholly-owned subsidiary TCS Construction Sdn Bhd has bagged a RM323 million contract for M Arisa, a serviced apartment project here.
