The keys to Cheras’ growth
SOUTHEAST of Kuala Lumpur and just 10 minutes from the city centre, Cheras is renowned for its traffic congestion especially during peak hours.
SOUTHEAST of Kuala Lumpur and just 10 minutes from the city centre, Cheras is renowned for its traffic congestion especially during peak hours.
Despite its relatively central location, this borough has been undervalued, though this might soon change with the facelift at Surrey Quays and Canada Water and the redevelopment of Southbank.
PETALING JAYA (July 24): Cheras, Kuala Lumpur is known for its numerous mid-range landed housing developments including Bandar Tun Razak, Taman Connaught, Taman Maluri and Taman Midah.
KUALA LUMPUR (July 23): Matrix Concepts Holdings Bhd is planning to launch 3,000 units of affordable housing in FY2016, according to its chairman Datuk Mohamad Haslah Mohamad Amin (pictured) as reported in The Edge Financial Daily today.
• Today, we look at price growth and indicative asking rental yields for non-landed residences in Subang Jaya.
• Today, we continue our focus on Subang Jaya by looking at average prices on a per square foot (psf) basis.
Despite being close to both the City and the West End, and home to the eclectic Southbank Centre, Lambeth hasn’t attracted the attentions of developers.
With few exceptions, existing condominiums in Subang Jaya are fairly recent, with most being built in the 2000s.
• This week, we focus on the non-landed residential properties in the well-established neighbourhood of Subang Jaya, originally developed by Sime UEP Bhd in the 1970s.
There is growing interest among property developers and investors in the Kerinchi and Pantai area, south of Bangsar in Kuala Lumpur.