Challenging times for KLCC condo market
For most new homebuyers, properties in Kuala Lumpur City Centre (KLCC) are probably “obnoxiously overpriced” or simply “not for ordinary people”.
When to buy in KLCC?
PETALING JAYA (May 22): Kuala Lumpur City Centre or KLCC is known as the country’s most expensive address, with current average price psf hovering above RM1,000 psf.
Principal Place Residential launches £160m Upper House in KL
KUALA LUMPUR (May 22): Principal Place Residential Ltd will be launching 90 units of luxury apartments named Upper House at Mandarin Oriental Hotel in Kuala Lumpur this weekend.
Malaysia to host Fiabci 66th World Real Estate Congress
PETALING JAYA (May 22): For the second time in a decade, Malaysia will host the Fiabci or International Real Estate Federation 66th World Real Estate Congress.
Resimax showcases Northern Growth Corridor project
PETALING JAYA (May 22): Resimax Group is showcasing its Northern Growth Corridor (NGC) residential project in Melbourne’s economic development zone at Mernda and Epping this weekend at InterContinental Hotel, Kuala Lumpur.
Sustainability and vertical living discussed at Naprec conference
KUALA LUMPUR (May 21): Land development and “vertical living” issues were today addressed at the 10th National Real Estate Research Coordinator (Naprec) Conference held at the National Institute of Valuation (Inspen) in Kajang.
UEM Sunrise takes steps to limit exposure to Iskandar
KUALA LUMPUR (May 21): Property developer UEM Sunrise Bhd is taking steps to limit its exposure to Iskandar Johor as the area has been plagued by oversupply of property development projects.
KL’s high-end condo market sees drop in rental, capital values
PETALING JAYA (May 21): The first quarter of 2015 (1Q2015) saw significant new supply of condominiums, reported DTZ Research.
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.
