Category: Property News

More branded residences to breach RM2,000 per sq ft?

highendcondo

  Several projects hope to follow the high-value footsteps of St Regis and The Banyan Tree KL although launches are tentative. Ever since The St Regis Kuala Lumpur in KL Sentral and Banyan Tree Signatures Pavilion Kuala Lumpur blazed a trail with launches around the RM2,000 per sq ft mark in 2014, there have been several other projects also eyeing this market. These include: Serviced apartments on top of the… more

PR1MA will not be governed under Housing Act. So we buy at own risk?

prima_housing

  This is a very important notice to current and future PR1MA home buyers. The report from The Sun Daily gave me a shock. Please read.     Property speculation still rife: HBA PETALING JAYA (3 January 2016): There has been a lack of concrete measures by the government in tackling speculation in the property market as speculators are still acquiring multiple properties to be subsequently sold at huge profits… more

Pantai Panorama @Kerinchi

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  From 22nd floor of The Park Residences condominium, my eyes stared at this building. The next door, older condominium – Pantai Panorama. Panorama is a freehold condominium located in Bukit Kerinchi in Pantai, right above the new development of Bangsar South.     Fast Facts: Developed by AMDB Completed in 1996 (16 years old) 5 blocks 18 storeys 708 units   Location GOOD! Strategically located right in the middle… more

Checking out The Park Residences @Bangsar South

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  A friend of mine has a unit in The Park Residence at Bangsar South. Quickly I made a visit to check out    Do I want to stay here? At the moment, I don’t find the condominium tempting (personal opinion). Bangsar South is actually in Pantai Dalam. What’s next door? There are plenty of medium cost apartments which makes it less attractive to me. Bangsar South is a huge… more

Is it a good time to prepare a war chest?

warchest

    The next six months … In such volatile times, what should people invest in? What will the next six months, or one year, hold? The last couple of weeks, two developers suggested it may be a good time, or a good idea, to prepare a war chest. That means, liquidate some assets and get ready some cash. There may be something worthwhile to pick up in the next… more

PR1MA officially launched in Penang

prima

    PETALING JAYA: The online registration for 80,000 affordable homes to be built in 50 cities and towns under the Perumahan Rakyat 1Malaysia (PR1MA) will be officially launched in Penang on Saturday. Qualified applicants will be able to take part in the balloting of the houses which will be built at the cost of about RM10bil over the next three years. “People in Penang will be the first to… more

Arte @Subang West

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  This project is in Batu Tiga, Shah Alam but named Subang West. Let’s put our hands on developer’s effort to “rename” their township. Clap clap clap. Original name vs. Enchanced name Batu Tiga Shah Alam  ->  Subang West Seri Kembangan  ->  Puchong South Balakong  ->  Cheras South Pantai Dalam  ->  Bangsar South   Okay, let’s get back to business. If you are coming from KL by Federal Highway, after… more

Oversupply of Residential Property

oversupply

      Oversupply of residential property due to speculation may slow down market [ Source from The Star dated September 10, 2015 ]   PETALING JAYA: The secondary residential property market could face a slowdown in transactions within the next six to 12 months due to oversupply of properties caused by speculative buyers. Malaysian Institute of Estate Agents (MIEA) deputy president Siva Shanker said “secondary properties in secondary locations,”… more

Knowing More at MRT Kiosk

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  I was at Sunway Giza last weekend and bumped into a MRT Kiosk. The information centre is temporarily stationed here from 14th August to 27th September 2015. A great place to learn more about MRT Line 1. The booth has station maps, video and interactive touch screens.     Curious passerby tried their hands on interactive touch screen.   You can check on many things from the touch screen.… more

EPF + Dijaya Develop RRIM?

rrim

  This is a very interesting piece of information. With a MRT station coming up, redevelopment of Rubber Research Institute of Malaysia (RRIM) land in Sungai Buloh could be another next hot spot. This piece of land is huge and it’s so near to Kota Damansara, indeed they are separated by one main road ie. Jalan Sungai Buloh. There is not much available land to be developed in Tropicana and… more

Medium Cost Apartment in Sri Petaling

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  Sri Petaling is a matured neighborhood. Located centrally with easy access to any parts of the city makes Sri Petaling’s properties highly in demand. With that property prices have increased tremendously over the years, most landed properties are beyond affordability for average buyers. If you still would like to stay near to town and with a tight budget, perhaps this is what you can consider. There is a medium… more

How come Glenmarie Cove is in Klang?

glenmarie_cove_entrance

  Last weekend, we were invited to a friend’s party. And our friend is staying in Glenmarie Cove. First thing first. Why Glenmarie Cove is in Klang, and not Shah Alam? As someone who is staying in Shah Alam for some time, when I hear the word Glenmarie, automatically I’ll think of the Glenmarie in Shah Alam. Hmm… I still can’t figure out why the developer named it Glenmarie Cove!… more