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”.
WCT may defer REIT listing plan
KUALA LUMPUR (May 20): Builder-cum-property developer WCT Holdings Bhd, which had earlier planned to set up a RM2 billion real estate investment trust (REIT) this year, may postpone the exercise until 2016.
PROPERTY SNAPSHOT What are developments priced in KLCC?
• Based on transactions analysed by theedgeproperty.
PROPERTY SNAPSHOT What’s affordable in KLCC?
• The prices of condominiums in the KLCC area reflect the prestige of living in the heart of the city.
‘Kitty’ homes
Li Si’en and Guerrand Lai Jiemin, or En and Rand as they prefer to be called, have always had a passion for cats.
PROPERTY SNAPSHOT Prices in KLCC stagnate
• This week, the prime Kuala Lumpur City Centre (KLCC) area takes centre stage.
Joyful Star in RM26 mil sale to Kabaz
CYBERJAYA (May 15): Joyful Star Sdn Bhd, a subsidiary of Emkay Group Bhd, will sell part of its Star Central development in Cyberjaya to Kabaz Sdn Bhd for RM26 million.
Consult PJ council to avoid problems later, MRT Corp told
PETALING JAYA (May15): Former Petaling Jaya councillor Derek Fernandez is urging the Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) to consult the Petaling Jaya City Council (MBPJ) on the proposed MRT Sungai Buloh-Serdang-Putrajaya (SSP) line.
Brickfields blooms
KUALA LUMPUR (May15): Ever since the Klang Valley’s largest transit hub KL Sentral emerged, the Brickfields area in Kuala Lumpur has seen its real estate values spike.
Buoyant Brickfields
The landscape of Kuala Lumpur’s Brickfields neighbourhood has evolved dramatically since Malaysian Resources Corp Bhd (MRCB) first planned to build the 72-acre transit-oriented and integrated development KL Sentral in the area in 1996.
