PROPERTY SNAPSHOT 3: Central KL, city of price extremes
We continue our focus on Central City Kuala Lumpur (excluding the KLCC area) by looking at average prices on a per square foot (psf) basis.
We continue our focus on Central City Kuala Lumpur (excluding the KLCC area) by looking at average prices on a per square foot (psf) basis.
Eversendai Corp Bhd (Dec 28, 79 sen) Downgraded from hold to sell with a target price of 82 sen: The consortium of Samsung C&T Corp and UEM Group Bhd has secured the KL118 Tower project from the project owner, Permodalan Nasional Bhd, at a contract sum of RM3.
While addresses in Central City Kuala Lumpur carry less prestige than KLCC ones (analysed in a separate article), most properties here still fall into the high-end segment.
Almost 2,000 visitors poured into Sunway South Quay in Bandar Sunway, Subang Jaya, to take part in Sunway Property’s holiday carnival on the promenade recently.
This week’s spotlight falls on the secondary market of non-landed residences in Central City Kuala Lumpur (excluding the KLCC enclave, which has been previously analysed separately).
Here are the price growth and indicative asking rental yields for non-landed residences in Ampang.
We continue our focus on the exclusive Ampang neighbourhood by looking at average prices on a per square foot (psf) basis.
• Long established as the expatriate and embassy enclave of Kuala Lumpur, Ampang is home to among the city’s most exclusive addresses.
KUALA LUMPUR (Dec 21): YNH Property Bhd's wholly-owned unit Kar Sin Bhd (KSB) has signed a memorandum of understanding (MoU) with Ruby Premium Sdn Bhd (RPSB) to develop three parcels of land here.
KUALA LUMPUR (Dec 21): SYF Resources Bhd is taking a contrarian view on the property development segment at a time when slowing demand has led many property developers to defer new launches.