PROPERTY SNAPSHOT 1: Tropicana/Sunway Damansara market stable
• This week, the spotlight falls on the secondary market of non-landed residences in Tropicana and Sunway Damansara in Selangor.
Adding value to real estate customer service
IT is hard to believe that Matt Tian, the head of sales at Reapfield Properties Sdn Bhd’s Ampang branch, was once a shy boy who did not enjoy talking to people.
Specialised malls – carving a niche for themselves
1 2 3 4 5 6 7 8 SHOPPING centres have been evolving since the 1950s.
Sunsuria eyes September launch for Sunsuria City’s first residences
PETALING JAYA (June 11): Sunsuria Bhd is looking at launching The Olive — the first residential properties in its flagship Sunsuria City township in Salak Tinggi — in September, said executive chairman Datuk Ter Leong Yap.
Scenes from Semenyih’s Wonderland
Are you a fan of “Alice in Wonderland”? If you are, you may want to head over to S P Setia Bhd’s themed exhibition at Setia EcoHill, Semenyih.
Penang to call for fresh bids for golf course
KUALA LUMPUR (June 10): Penang Development Corp (PDC), the state’s investment arm, will call for a fresh request for proposal (RFP) for the mixed development plan in Batu Kawan on mainland Penang, after the mutual rescission of the RM10 billion Eco Marina with Eco World Development Group Bhd (EcoWorld).
Brexit could hurt Malaysian real estate investments in UK, says economist
KUALA LUMPUR (June 10): Major Malaysian real estate investments in London will be affected if Britain leaves the European Union (EU) as it will result in a significant drop in the value of the pound sterling, said an economist.
EcoWorld’s RNAV cut by 6% after project rescission
Eco World Development Group Bhd (June 9, RM1.
Growth amidst a slowdown
WHILE many continue to be cautious about the property market due to the weak market sentiment over the past two years and while lending guidelines remain tight, investors may be encouraged to know that there are some condominiums selling below RM500,000 that saw double-digit capital growth last year on the secondary market.
DONE DEAL: 3-storey semi-detached house, Laman Setiakasih 8, Damansara Heights
Rented for: RM10,000 Concluded by: Rajesh V Hassaram (REN 00456) of One Sunterra Properties Sdn Bhd (016-225 5604) When: May 2016 Noteworthy: • Freehold • Built-up: 5,500 sq ft • Land size: 5,500 sq ft • 5 bedrooms and a maid’s quarters • Comes with a swimming pool • Each room has its own en-suite bath and walk-in wardrobe • Partially furnished with kitchen appliances such as an oven, microwave, stove, two fridges and a dishwasher • Leased for two years According to the negotiator, Rajesh V Hassaram of One Sunterra Properties Sdn Bhd, the house is located in a gated-and-guarded community within Damansara Heights.
