The keys to Cheras’ growth
SOUTHEAST of Kuala Lumpur and just 10 minutes from the city centre, Cheras is renowned for its traffic congestion especially during peak hours.
SOUTHEAST of Kuala Lumpur and just 10 minutes from the city centre, Cheras is renowned for its traffic congestion especially during peak hours.
Despite its relatively central location, this borough has been undervalued, though this might soon change with the facelift at Surrey Quays and Canada Water and the redevelopment of Southbank.
PETALING JAYA (July 24): I&P Group Sdn Bhd’s 2-storey shop offices in Alam Damai, Cheras, has been 60% taken up.
PETALING JAYA: Eco World Development Group Bhd will launch Phase 2 of its Johor development, Eco Botanic, in August.
PETALING JAYA: The Mercure Hotel in Kota Kinabalu that offers a sale and leaseback scheme has received overwhelming response from local and foreign investors, with 120 suites already taken up.
PETALING JAYA (July 24): Cheras, Kuala Lumpur is known for its numerous mid-range landed housing developments including Bandar Tun Razak, Taman Connaught, Taman Maluri and Taman Midah.
KUALA LUMPUR (July 23): Matrix Concepts Holdings Bhd is planning to launch 3,000 units of affordable housing in FY2016, according to its chairman Datuk Mohamad Haslah Mohamad Amin (pictured) as reported in The Edge Financial Daily today.
GEORGE TOWN (July 22): MRCB-Quill Real Estate Investment Trust (MRCB-Quill REIT) posted a 59.
Newham has the lowest average salary and one of the lowest house prices in London.
• Today, we look at price growth and indicative asking rental yields for non-landed residences in Subang Jaya.