PROPERTY SNAPSHOT 4: What’s hot in Taman Desa?
• Today, we look at price growth and indicative rental yields for non-landed homes in Taman Desa.
• Today, we look at price growth and indicative rental yields for non-landed homes in Taman Desa.
• Today, we continue our focus on Taman Desa by looking at average prices on a per sq ft (psf) basis.
• Taman Desa is an affluent and established neighbourhood.
• This week, the spotlight falls on the secondary market of non-landed residences in Taman Desa, Kuala Lumpur.
KUALA LUMPUR’S Cheras is known as a food haven and it houses one of the largest night markets in the city offering a variety of street food.
Property sector Maintain neutral: Recently, cooling measures have been announced in several states in Australia to curb speculation by foreign property buyers.
KUALA LUMPUR (June 15): Prasarana Malaysia Bhd will begin to award the first batch of work packages for the upcoming RM9 billion Light Rail Transit Line 3 (LRT3) in the next two to three months.
PETALING JAYA (June 13): LGB Properties (M) Sdn Bhd, a subsidiary of LGB Group, is planning a mixed-use development on a parcel in Virginia Park, Section 13 here that is currently occupied by British American Tobacco (M) Bhd’s (BAT) factory, said LGB Group director Lim Chin Sean.
• This week, the spotlight falls on the secondary market of non-landed residences in Tropicana and Sunway Damansara in Selangor.
KUALA LUMPUR (June 8): The High Court here yesterday allowed an application by the developer of the East Klang Valley Expressway (EKVE) project to be an intervenor in a lawsuit by three environmental organisations to challenge the Selangor Forestry Department’s decision to close Taman Rimba Ampang (Ampang Forest Park) to make way for the project.