Brickfields blooms
KUALA LUMPUR (May15): Ever since the Klang Valley’s largest transit hub KL Sentral emerged, the Brickfields area in Kuala Lumpur has seen its real estate values spike.
KUALA LUMPUR (May15): Ever since the Klang Valley’s largest transit hub KL Sentral emerged, the Brickfields area in Kuala Lumpur has seen its real estate values spike.
The landscape of Kuala Lumpur’s Brickfields neighbourhood has evolved dramatically since Malaysian Resources Corp Bhd (MRCB) first planned to build the 72-acre transit-oriented and integrated development KL Sentral in the area in 1996.
KUALA LUMPUR (May 15): Knight Frank, together with Jones Lang LaSalle (JLL), will be launching London’s latest property development, Garden House W2, this weekend at the Mandarin Oriental Kuala Lumpur.
KUALA LUMPUR (May 14): The Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) will start its public inspection (PI) of the Sungai Buloh-Serdang-Putrajaya Line (SSP Line) from May 15 to August 17.
KUALA LUMPUR: Property developer Mulpha Land Bhd plans to undertake a private placement of up to 10% of its issued share capital to finance a land acquisition, repay borrowings and as its working capital.
KUALA LUMPUR (May 14): With the controversy over the sale of 1Malaysia Development Berhad's (1MDB) land in the Tun Razak Exchange (TRX) financial district to Lembaga Tabung Haji still raging, a PAS leader has upped the ante by asking who made the decision to sell the land, originally earmarked for Bumiputera, to the state investment vehicle.
• Today we look at the price growth and indicative asking rental yields for non-landed residences in Brickfields.