PROPERTY SNAPSHOT 3: What are developments priced in USJ?
• Today, we continue our focus on USJ by looking at average prices on a per sq ft (psf) basis.
Matrix Concepts’ dividend yield remains attractive at 6%
Matrix Concepts Holdings Bhd (May 23, RM2.
PROPERTY SNAPSHOT 2: What’s affordable in USJ?
• While USJ has yet to hold a candle to its more upmarket neighbour, Subang Jaya, the neighbourhood is becoming more vibrant with many new residences and malls.
CapitaLand Commercial Trust proposes to buy remainder 60% interest in CapitaGreen for S$393m
SINGAPORE (May 23): CapitaLand Commercial Trust (CCT) has proposed to acquire the remainder 60% interest in Grade A office tower CapitaGreen for S$393 million.
Matt Lorrain: Head of Product Development and Design at SP01
WHO: Matt Lorrain’s (pictured) foray into furniture design was almost a fluke.
PROPERTY SNAPSHOT 1: USJ non-landed housing average price hits new peak
• This week, the focus is on the secondary market of non-landed residences in Selangor’s UEP Subang Jaya better known as USJ.
UEM Sunrise launches Melia Residences Phase 3
JOHOR (May 20): UEM Sunrise Bhd officially launched Phase 3 of its Melia Residences (pictured) yesterday, backed by the full take-up of Phase 1 and 2.
DONE DEAL: 2-storey detached house, Damansara Heights
Rented for: RM10,000 Concluded by: Rajesh V Hassaram of One Sunterra Properties Sdn Bhd (016-222 5604) When: March 2016 Noteworthy: • Freehold • Built-up: 5,200 sq ft • Land size: 8,200 sq ft • 6 rooms • 7 bathrooms • Comes with a swimming pool • Leased for two years • Partially furnished with lights, wardrobes and curtains According to the negotiator, Rajesh V Hassaram of One Sunterra Properties Sdn Bhd, the property is located along Jalan Beka, which has guards around the clock, thus ensuring the safety of its residents at all times.
China’s property investors raising their budgets for foreign buys
KUALA LUMPUR (May 19): A survey by Australian property investment portal Investorist showed that China’s property investors have raised their average budget for foreign property purchases to US$500,000 (RM2.
K Soma Sundram wishes for estate agency industry to become more professional
PETALING JAYA (May 18): K Soma Sundram – the recipient of the Real Estate Agent of the year award 2016 from Board of Valuers, Appraisers and Estate Agents Malaysia (Bovaea) – hopes that the local estate agency industry will work towards becoming more professional.
