PROPERTY SNAPSHOT 4: What’s hot in Brickfields?
• Today, we look at price growth and indicative asking rental yields for non-landed residences in the district of Brickfields.
Muted growth seen in Johor for last quarter
THE Johor property market continued to be weak in 4Q2015, as market sentiment remained low and pessimism increased as the global economy deteriorated.
PROPERTY SNAPSHOT 3: What are developments priced in Brickfields?
• Today, we continue our focus on Brickfields by looking at average prices on a per square foot (psf) basis.
MRT 2 major awards in the offing
Construction sector Maintain “overweight”: The Edge weekly reported that IJM Corp Bhd, Sunway Construction Group Bhd (SunCon) and Gadang Holdings Bhd are among the leading contenders for major work packages under the mass rapid transit (MRT) 2 line.
PROPERTY SNAPSHOT 2: What’s affordable in Brickfields?
• Since its inception in the early 2000s, KL Sentral has transformed the once sleepy Brickfields area into a veritable cosmopolitan hub.
EcoWorld eyes more Batu Kawan land
PETALING JAYA (Feb 29): Eco World Development Bhd (EcoWorld) is acquiring a 300-acre leasehold parcel in Mukim 13, Seberang Perai, owned by Batu Kawan Development Sdn Bhd (formerly Abad Naluri Sdn Bhd).
Knight Frank: More high-end condo project launches to be deferred in 1H2016
KUALA LUMPUR (Feb 29): Real estate consultancy firm Knight Frank Malaysia foresees more high-end condominium projects in Kuala Lumpur that were originally scheduled for launch by 1H2016 being deferred owing to the large amount of incoming supply and poor market sentiment.
Titijaya Land Bhd plans to launch two landed properties this year
SUBANG JAYA (Feb 29): Titijaya Land Bhd believes that market demand for landed properties remains resilient and plans to roll out two landed projects in Cheras and Klang this year, which have a total estimated gross development value (GDV) of RM205.
