PROPERTY SNAPSHOT 3: Affordable Mont'Kiara?
Based on transactions analysed by TheEdgeProperty.
Based on transactions analysed by TheEdgeProperty.
• This week, the spotlight falls on the secondary market of non-landed residences in the trendy enclave of Mont’Kiara.
These are the price growth and indicative asking rental yields for non-landed residences in the district of Kuching, Sarawak.
PETALING JAYA (Feb 16): Singapore-listed property developer Oxley Holdings Ltd (Oxley) has announced it will open its 207-room So Sofitel Hotel and a 590-key So Sofitel Residences in the heart of Kuala Lumpur City Centre (KLCC) area in 2020, it said in a press statement today.
While the overall Kuching property market has been tepid, the high-rise segment continues to perform relatively well, as it offers an affordable alternative to increasingly expensive landed homes.
This week’s spotlight falls on the secondary market for non-landed residences in Kuching, Sarawak.
GEORGE TOWN (Feb 12): The Penang government has refuted claims that a neo-classical building constructed in 1921 in Jalan Sultan Ahmad Shah here was demolished to make way for a commercial complex and five-star hotel.
KUALA LUMPUR (Feb 11): Despite having gone under the hammer a few times since 2014, the reserve price of Dynasty Hotel (pictured) here has remained at RM210 million – making it the most expensive commercial property on the auction market last year, according to online auction listing platform AuctionGuru.