Sunday 24 Nov 2024
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KUALA LUMPUR (April 9): The small Malay village, located on the fringes of northwest Kuala Lumpur and close to the upmarket residential areas of Taman Tun Dr Ismail, Bandar Utama, Mutiara Damansara and Damansara Perdana, still retains much of the rustic charm despite being next to the upmarket, urban conurbations. Although development growth is limited, mainly due to its Malay Reservation Land status, property consultants share an optimistic outlook for the area.

“The outlook is great, as the infrastructure will continue to improve and land is limited,” says Metro Homes Realty Sdn Bhd executive director See Kok Loong.

Meanwhile, a handful of new developments have come up in recent years. “Urbanisation and development have caught up with the area and new properties have come up, including modern terraced houses, semi-detached houses, bungalows and condominiums,” notes Henry Butcher Malaysia chief operating officer Tang Chee Meng.

In the same issue, we covered Gamuda Land’s latest offering, LUXURA at twentyfive7, which has obtained a 50% take-up since its launch in February; and Japanese property developer Keihan Real Estate Co Ltd’s upcoming launch of The Fine Tower Osaka Higobashi in Osaka, which will be launched in collaboration with JLL Malaysia on April 15 and 16.

We also spoke to Architects Regional Council Asia (Arcasia)’s new president Saifuddin Ahmad, who plans to bring “LOVE” to the table when his term starts in 2024; and presented the quarterly Nawawi Tie Leung Property Consultants Penang housing property monitor for 4Q2022.

Find out more in the April 10 issue of City & Country.

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