PROPERTY SNAPSHOT What’s hot in KLCC?
• Today we look at price growth and indicative asking rental yields for non-landed residences in the KLCC area.
• Today we look at price growth and indicative asking rental yields for non-landed residences in the KLCC area.
PETALING JAYA (May 19): Despite the depreciating ringgit against the US dollar in 1Q2015 and ongoing concerns on the impact of low oil prices on the Malaysian economy, the level of investment activity remained surprisingly strong for the quarter, according to DTZ Research’s “Property Times Kuala Lumpur Q1 2015: Cautious Sentiment Aggravates Uncertainties” report.
GEORGE TOWN (May 18): YTL Land and Development Bhd sold the final units of its low-rise condominium project – Penang Shorefront – at a preview last weekend.
Li Si’en and Guerrand Lai Jiemin, or En and Rand as they prefer to be called, have always had a passion for cats.
CYBERJAYA (May 15): Joyful Star Sdn Bhd, a subsidiary of Emkay Group Bhd, will sell part of its Star Central development in Cyberjaya to Kabaz Sdn Bhd for RM26 million.
SINGAPORE (May 15): EcoWorld Development Group Bhd (EcoWorld) celebrated the opening of its international EcoWorld Gallery @ Singapore today.
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 (May15): Malaysian Resources Corp Bhd’s (MRCB) first phase of its on-going mixed-used development 9 Seputeh is 70% sold to date.