EP J2 FRIDAY MARCH 6, 2020 • THEEDGE FINANCIAL DAILY

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RM1,088,000 RM2,500,000 RM3,900,000 RM950,000 Sungai Buloh Country Resort, 28 (MK28), Mont’Kiara, Sierramas, Sungai Buloh, Surian Condominium, Sungai Buloh, Selangor Type: Bungalow Tenure: Freehold Mutiara Damansara, Selangor Type: Semidee house Tenure: Freehold Type: Condominium Tenure: Freehold Built-up: 6,609 sq ft Land size:ԝ7,000 sq ft Type: Condominium Tenure: Freehold Built-up: 2,464 sq ft Land size:ԝ4,000 sq ft Built-up: 2,700 sq ft Bedroom: 7 Bathroom: 7 Built-up: 1,302 sq ft Bedroom: 3 Bathroom: 2 Bedroom: 5 Bathroom: 5 Bedroom: 4 Bathroom: 4 Terence Yap (REN 10998) Carmen Teoh (REN 27223) Chris Chiam (REN 27288) Laura Teh (REN 02734) GS REALTY SDN BHD (E (1) 1307) IQI REALTY SDN BHD (E (1) 1584) REAPFIELD PROPERTIES (SJ) SDN BHD (E (1) 0452/2) REAPFIELD PROPERTIES SDN BHD (E (1) 0452) +6012 232 9042 +6012 303 3133 +6019 317 7060 +6019 221 9830

RM369,000 RM1,200,000 RM3,600/mth RM2,600/mth Sunway Mentari, Subang Jaya, Saujana Impian, Kajang, Selangor Riana Green East, , Laman Ceylon, , Selangor Type: Terraced house Tenure: Freehold Kuala Lumpur Kuala Lumpur Type: Serviced apartment Tenure: Leasehold Built-up: 3,800 sq ft Land size:ԝ6,000 sq ft Type: Condominium Tenure: Leasehold Type: Condominium Tenure: Freehold Built-up: 4,400 sq ft Bedroom: 1 Bathroom: 1 Bedroom: 6 Bathroom: 5 Built-up: 1,647 sq ft Bedroom: 4 Bathroom: 3 Built-up: 820 sq ft Bedroom: 1 Bathroom: 1

Wilson Lim (REN 29646) Izzah Rohaizad (REN 10356) Fong Tan (REN 38422) Leena Tan (REN 28908) ONE WSM PROPERTY SDN BHD (E (1) 1823) WEISE INTERNATIONAL PROPERTY CONSULTANTS REAL ESTATE FINDERS (MY) SDN BHD (E (1) 1516) REAPFIELD PROPERTIES (HQ) SDN BHD (E (1) 0452) +6016 353 0201 SDN BHD (VE (1) 0241) +6017 422 2179 +6012 370 9874 +6012 322 7901 Be a part of

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BY CHELSEY POH tions nearby, the rate will be more flexi- security companies should be asked to ble as security personnel can stay nearby, visit the site and provide security assess- hey are often the first to greet 1. Check the and the security company will not have to ments and estimated cost. you when you come home market rate bear transportation cost for its personnel,” Assessments would normally include: to your condo or guarded says Low. • Identification of security risks and any community. Walls and fenc- According to Henry Butcher shortcomings onsite; es cannot fully protect you (Mont’Kiara)’s executive director Low • Proposal on measures to address the and your home if there are no Hon Keong, Joint Management Bodies 2. Invite quotations shortcomings; Tsecurity guards on the premises. and Management Corporations (JMBs/ • Number of guards to be deployed for But how should the management body MCs) would normally spend 10% to JMBs/MCs/Residents’ Associations each shift, armed or unarmed; of your housing select the right security 15% of their total income on security (RAs) could invite requests for proposals • Any patrolling vehicle required such as services company? Also, ever wondered services. (RFP), submissions of quotations or ten- motorcycle, bicycles, etc; how the guards at your condominium The current rate of security services is ders from various security companies. • What equipment to be provided such as operate? around RM8 to RM9 per hour for services Malaysian Institute of Property and Facil- walkie-talkies, digital watchman clock, The experts share some tips on the steps in high-end developments in urban areas. ity Managers (MIPFM) president Adzman security clocking points, etc. to hiring security guards. “If there are affordable accommoda- Shah Mohd Ariffin points out that these CONTINUES ON PAGE 3 EP 2 FRIDAY MARCH 6, 2020 • THEEDGE FINANCIAL DAILY

NEWS HIGHLIGHTS from www.EdgeProp.my

OPR down to 2.5% for ˎ rst time in a Paramount to launch projects worth RM1.2b in 2020 decade Paramount Corp Bhd is planning to include serviced apartments in As the COVID-19 outbreak contin- launch some RM1.2 billion worth Utropolis Batu Kawan in Penang ues to grow, Bank Negara Malaysia of property projects in 2020 while and Berkeley Uptown in Klang (BNM) on March 3 announced an- maintaining a sales target of RM1 with GDVs of RM269 million and other cut of 25 basis points (bps) billion. RM247 million, respectively. in the overnight policy rate (OPR), Speaking at a media briefing Chew noted that pricing of the marking the fi rst time in 10 years that on March 3, Paramount Corp CEO new launches this year will fall the rate has been reduced to 2.5%. Jeffrey Chew said that this year’s in the range of RM450 to RM500 The cut comes less than three sales are expected to be driven by psf, or RM300,000 to RM600,000 months after a similar 25bps cut demand from the formation of new per unit. that was decided at the previous households and owners who are In the financial year ended Monetary Policy Committee (MPC) looking to upgrade their home. Dec 31, 2019 (FY2019), the devel- meeting on Jan 22. He added that from 2011 to 2020, oper achieved a 73% take-up rate This marks the second time that the growth rate of households is es- Paramount’s new launches this for the RM858 million worth of The Edge Property Sdn Bhd (1091814-P) the rate has been cut to 2.5%, the timated at 2.9% per annum, which year mainly comprises residential projects launched during the year. Level 3, Menara KLK, last time being in January 2009, creates fresh demand for housing products, including landed homes Meanwhile, it is looking at No. 1 Jalan PJU 7/6, Mutiara Damansara, 47810 Petaling Jaya, when the central bank made a 75bps every year. in Bukit Banyan in Sungai Petani, expanding its property develop- Selangor, Malaysia cut in the OPR followed by another “The number of households in Sejati Lakeside in Cyberjaya and ment business segment in over- 50bps cut the following month. the country is still growing and we Greenwoods in Salak Tinggi with seas cities where population is see people starting to buy [prop- gross development values (GDVs) high but less urbanised, such as EdgeProp.my Genting Group erty] now after holding back their of RM121 million, RM178 million Bangkok in Thailand, Manila in Managing Director/Editor-in-chief seeks to halt purchase in the last three years,” and RM139 million, respectively. the Philippines and Ho Chi Minh Au Foong Yee proposed Genting he said. Launches of high-rise homes City in Vietnam. EDITORIAL Executive Editor Sharon Kam Sky City project Assistant Editor Tan Ai Leng The Genting Group has fi led a suit Ventures Bhd, is the contractor. Coast Mall in Kuantan (all owned by Deputy Chief Copy Editor Get BREAKING James Chong against the proposed Genting Sky The Genting Group also claims CMMT) as well as Queensbay Mall in Copy Editor City development, claiming that the that the use of the “Genting” trade PROPERTY Penang and Melawati Mall in Kuala Arion Yeow NEWS delivered project does not meet development name for the project was done with- Lumpur. Senior Writer to you daily via Rachel Chew guidelines, given its location on a out any prior approval, licence and The tenants operate more than Writers WhatsApp! Natalie Khoo, Shawn Ng, steep hillside which may destabilise permission of the group. 1,800 stores in these malls, said Chin Wai Lun, Chelsey Poh land in the surrounding area. TO SUBSCRIBE CapitaLand Malaysia Mall REIT Art Director Sharon Khoh Senior Designer Jun Kit The suit was filed by three CapitaLand, CMMT 1. Add +6018 290 2116 Management Sdn Bhd (CMRM), the Designer Rajita Sivan members of the group — Genting introduce support to your contact manager of CMMT, in a statement. Bhd, Genting Malaysia Bhd and Tenants will receive the full 15% For New Launches/Events/ measures for list as EdgeProp Press Releases/News Tips First World Hotels & Resorts Sdn News. Or scan discount on monthly electricity bills email: [email protected] Bhd — against GM Aero Support retailers in Malaysia in response to the stimulus pack- Tel: (03) 7721 8211 Fax: (03) 7721 8280 this QR code. Sdn Bhd, Sycal Bhd, Lau Yee Sum, Singapore-based CapitaLand Ltd 2. Send us a WhatsApp with age announced by the Malaysian ADVERTISING & MARKETING Perunding Rekacekap Sdn Bhd, Lee and its sponsored Malaysian-listed government on Feb 27. There will Associate Account Director, "NEWS" and your full Advertising & Marketing Yong Chiew and Zahiruddin Zainal, real estate investment trust, Capi- name in the message. also be initiatives to boost shopper Heidee Ahmad (019) 388 1880 according to court documents taLand Malaysia Mall Trust (CMMT), spending over the next six months. Senior Account Managers Ian Leong (012) 359 1668 sighted by The Edge Financial Daily. on March 2 announced a series of In March for instance, shoppers are Cecilia Too (012) 319 7666 GM Aero Support is the developer of support measures for retail partners Penang, Sungei Wang in Kuala Lum- entitled to free weekday parking Sharon Lee (016) 330 1571 the project, while Sycal, a subsidiary across all seven CapitaLand malls pur, 3 Damansara in Petaling Jaya, during lunch hours, as well as cash- Account Manager Joane Tan (012) 377 2885 of Main Market-listed Sycal in Malaysia, namely Gurney Plaza in The Mines in Seri Kembangan, East back promotions.

Marketing Support & Ad Trafˎ c Madeline Tan (03) 7721 8218 email: [email protected] trending How do I get past issues of this weekly pullout? BUSINESS DEVELOPMENT Go to www.EdgeProp.my to download for free Manager now Nimalen Parimalam (014) 324 3193

AGENCY SALES Sales Manager If you have any real estate-related events, email us at [email protected]. Stannly Tan (012) 538 1687 LAUNCHES + EVENTS Events listed here will also appear on www.EdgeProp.my. PRODUCT DEVELOPMENT & CUSTOMER ADVISORY Senior Manager Venue: EcoWorld Gallery @ Eco living concept units at Setia Elizabeth Lay (012) 512 1687 Forest, No. 1, Persiaran Eco Forest City Residences. For this Associates Omar Nawawi (012) 537 1687 1, Eco Forest, Semenyih, Selangor week, Japanese food will Nazrin Hakimin (017) 368 6061 Contact: (03) 8723 2255 be the delicacy theme. EcoWorld will be hosting a 3D For enquiries and listings email: [email protected] printing pen workshop where Chill Out & Relax Tel: (03) 7733 9000 participants can materialise their @ Ara Sendayan EdgeProp.my pullout is published imagination. The 3D doodler Date: March 7 (Sat) organising a weekend bazaar by The Edge Property Sdn Bhd. It is Ofˎ cial launch of Ilham pen creates biodegradable Time: 6pm to 9pm consisting of small local available with The Edge Financial Residence Daily every Friday. The pullout plastic, which instantly hardens, Venue: PT 12653, Jalan Pusat businesses selling their off erings is also distributed at more than Date: March 7 (Sat) allowing you to literally draw Dagangan Sendayan 1, Bandar such as food, clothing and art 200 ofˎ ces, shopping complexes, condos, medical centres and F&B Time: 9am to 5pm in 3D, freehand or on paper. Sri Sendayan, Negeri Sembilan pieces. Besides stalls, there will outlets in the Klang Valley. You can Venue: City of Elmina Sales Contact: (1800) 88 2688 also be busking performances. also download it for free at Gallery, Elmina Pavilion, A Taste of Asian Delicacies Come and experience a www.EdgeProp.my Persiaran Eserina, Elmina East Date: March 7 & 8 (Sat & Sun) leisurely outdoor atmosphere Pose and Snap @ Sek U16, Shah Alam, Selangor Time: 10am to 2pm at Ara Sendayan’s Chill Out & Tropicana Aman Th e Edge Malaysia Contact: (03) 7831 2253 Venue: Setia Alam Welcome Relax event hosted by Matrix Date: Mar 7 & 8 (Sat & Sun) Publisher and Group CEO Sime Darby Property will be Centre, No. 2 Jalan Setia Indah Concepts Holdings Bhd. Dine Time: 11am to 5pm Ho Kay Tat offi cially launching the fi rst AD U13/AD Setia Alam, Seksyen out with a variety of snacks Venue: Tropicana Aman

EDITORIAL residential development in its U13, Shah Alam, Selangor served by food trucks amidst Property Gallery, No. 2, Editor-in-chief Azam Aris Elmina Grove precinct – Ilham Contact: (03) 3343 2255 this scenic hilltop hotspot with Persiaran Aman Perdana 3, CORPORATE Residence. Come and discover Enjoy your favourite Asian your family and friends. Bandar Tropicana Aman, Telok Chief Operating Ofˎ cer a collection of 2-storey linked foods as you explore a preview Panglima Garang, Selangor Lim Shiew Yuin ADVERTISING & MARKETING homes fi tted with sustainable, of S P Setia’s new dual key Weekend Bazaar Contact: (1700) 81 8868 Chief Commercial Ofˎ cer smart and green home solutions. @ Hub SS2 Spend your weekend at Tropicana Sharon Teh (012) 313 9056 There will be fun activities Date: March 7 & 8 (Sat & Sun) Aman, Kota Kemuning by General Manager Fong Lai Kuan (012) 386 2831 for the family as well. Time: 10am to 5pm striking a pose with loved ones Senior Sales Manager Venue: The Hub SS2, in free family portrait sessions Gregory Thu (012) 376 0614 3D Printing Pen Workshop Jalan 17/47, Seksyen 19, organised by Tropicana Corp. Head of Marketing @ Eco Forest Support & Ad Trafˎ c Petaling Jaya, Selangor Visitors can also view the Lorraine Chan (03) 7721 8001 Date: March 8 (Sun) Contact: (03) 9212 8333 ready show units of Elemen Time: 2pm to 4pm Selangor Dredging Bhd will be Residences link homes. FRIDAY MARCH 6, 2020 • THEEDGE FINANCIAL DAILY EP 3 COVER STORY

The priority is competency, not cost

FROM COVER PAGE cleanliness of the common area, CCTV function- 3. Perform background ality and so on. After deciding on a company, draft an SOP for Security patrol checks daily security operations. It would also be good to set KPIs as this would give clarity to the security Adzman points out that it is more common and company and their personnel, to help them meet system instead way better to hire security companies than indi- the client’s expectations. viduals. Although the latter may be cheaper, they of barriers are not regulated by the authorities, unlike the security companies. and are two address. This is particularly useful Even so, a careful background check on the se- 5. Prepare basic neighbouring and affl uent residential because during the panic of a break-in curity company must be done including: amenities for guards areas in Kuala Lumpur, housing for instance, the victim may not be able • Whether the company is registered with the bungalows, luxury condos and villas. to remember his or her address. Ministry of Home Aff airs (KDN) and Persatuan Basic amenities like a guard house with proper These two neighbourhoods are As the residential areas are not Industri Keselamatan Malaysia (PIKM); ventilation, nearby toilets, a place to rest and to decades-old and as crime rates rose gated and guarded, the requirement • Track record; keep personal belongings need to be provided for over time, the residents decided to to have the approval from at least • Validity of the company’s professional indem- the security personnel. establish the Bukit Tunku Residents 80% of residents is not needed to nity and public liability insurance; “Security personnel are to be treated with re- Association (BTRA) Security Scheme, set up the security scheme. Instead, • Th e guards’ work permits and communication spect. We need to always remind ourselves that which also covered Taman Duta. The the scheme is running based on skills. they are trying to make a living just like the rest of scheme began in 2002. subscriptions. Subscription fee has Training provided to the personnel should also us. Respect is one of the best things that we can BTRA Committee President Dato’ remained constant over the years at be weighted. “As many guards are non-locals, to give them,” Low stresses. Muthanna Abdullah tells EdgeProp.my RM3,000 per year. ensure quality, not only should the guards be cer- He also suggests rewarding the guards with that instead of placing barriers, BTRA “We believe that residents prefer the tifi ed, they should also be trained to communicate small incentives whenever KPIs are met to moti- decided to have patrols with vehicles patrolling scheme to the barriers,” he with locals,” Adzman stresses, adding that guards vate them to deliver better service. bearing BTRA logo and fl ashing lights. says, adding that patrolling routes are for higher-end developments should also be able “We began with a small number of designed based on the location of the to operate visitor management systems. residents subscribing for the service subscribers’ houses. He adds that the security company should share and one patrol car. Over the years The security scheme has been their Standard Operating Procedures (SOP) to the number of paying members rose largely successful as over the past 18 show that their guards have been trained to follow to 80 households and the security years, there have been few security certain guidelines. fl eet expanded to two cars and one incidents among its subscribers. According to Low, training should include com- motorcycle,” says Muthanna. “The security company has been mon security SOPs such as how to handle emer- The BTRA Security Scheme off ers very professional in tracking the gencies and suicide attempts, use the fire control security to the community on two patrol vehicles’ positions closely panel and first aid equipment such as Automated Low: Treating fronts — general deterrence and quick and providing responsible, pleasant External Defibrillator (AED) and so on. the security response. and cooperative guards to man the Apart from these, the experience of the guards personnel with As visibility is a good way to vehicles,” he enthuses. and their relationship with the local police station respect is one of demonstrate general deterrence, the “The scheme has helped to improve are also important aspects to be considered. the best beneˎ ts guards are constantly on patrol every safety considerably and the residents that we can give evening. The patrols are recorded on an feel more secure as they are able to to them. electronic clocking device and tracked call up the guards if they see anyone using a GPS device. acting suspiciously in any of the two Quick response can be achieved neighbourhoods,” says a proprietor in 6. Check legal compliance if subscribers provide their phone Bukit Tunku. “My property is rented out

EdgeProp.my numbers so that incoming distress and my tenant is very happy with the

Adzman: To Th ere are many cases of illegal workers among se- calls can be traced to the caller’s scheme,” he adds. ensure quality, curity guards in Malaysia, hence the JMBs/MCs/ not only should RAs will need to check with the security company the guards be from time to time on its legal compliance. their country to apply for re-entry into Malaysia. certiˎ ed, they Low advises management bodies to take note Hence, Khaw says it is important for the guards should also of who the head of the security company is so that to be employed, trained and supervised by an be trained to the person can be referred to when the need arises. established and reputable security company, so communicate Employers should also request for a monthly that the JMB/MC/RA could have the fl exibility to

PICTURES BY LOW YEN YEING PICTURES BY LOW | with the locals. security operations report to be presented at com- ask for a replacement if a guard has to return to mittee meetings so that residents are aware of hap- his home country or is found to be unsuitable or penings in the development and the surrounding not performing. 4. Set expectations, areas as well as to evaluate the eff ectiveness of the Constant checks on the security company is security services. also crucial, as Low warns that if the guards are SOPs and KPIs not paid on time, they would be demotivated or worse, be lured into illegal activities. After reviewing the assessments and background Another common issue is the appearance, per- checks, the JMBs/MCs/RAs would need to 7. Other things to note sonal hygiene and overall image of on-ground per- shortlist a few companies and conduct inter- Khaw: Hiring a sonnel. “Some guards may have severe body odour views with them to clarify any uncertainties they Th e Ministry of Home Aff airs currently only al- reputable security and some have worn-out uniforms which will neg- may have. lows Nepali nationals to work as security guards in company would atively aff ect the image of the whole development,” Th e two parties could also negotiate further Malaysia, apart from locals. provide ː exibility for he says. to achieve the best balance between service and Chairman of Menara UOA MC and replacement if the In conclusion, the matter of hiring security price. Clear expectations must be spelt out as some Secretary of Palmyra Bangsar MC Khaw Chay Tee guard is found not guards is not to be taken lightly. “Some clients in- premises may only want basic security services prefers Nepalese guards, as he deems them to be performing. sist on cheaper rates and fail to place importance like manning the guard house and patrolling while more dedicated, disciplined and reliable. Howev- on credentials and licensing, only to realise later others may want the security guards to also help er, the problem with hiring non-Malaysian guards that when ‘one pays peanuts, one gets monkeys’,” with the maintenance such as monitoring lights, is that they need work permits and must return to says Adzman. EP 4 FRIDAY MARCH 6, 2020 • THEEDGE FINANCIAL DAILY NEWS KL’s prime properties are among the WORLD’S CHEAPEST in 2019

BY CHIN WAI LUN Prime residential values in the world’s leading cities PETALING JAYA: Kuala Lumpur was the (Up to Dec 2019) world’s cheapest city in 2019 to buy a luxury home based on a survey of 28 cities across Price values (US$ / sq ft) the globe, according to Savills Prime Index: World Cities research report. And it may be 4,610 even cheaper in 2020. By tracking the performance of the 28 RESEARCH SOURCE: SAVILLS cities from San Francisco to Sydney, the 2,510 2,160

Savills Prime Index: World Cities showcas- 1,930 1,920 1,760 1,670 1,590 1,580 1,550 1,480 es the leading cities for prime residential 1,480 1,440 1,370 1,290 1,280 1,170 990 property based on a sample size adjusted to 980 960 930 920 880 720 represent each city’s prime market. Savills’ 650 580 280 defi nition of prime constitutes properties in 310 the top 5% of the market by price. Prime properties in KL cost about US$280 Paris Seoul Dubai Tokyo Berlin Miami Lisbon

(RM1,172) psf, while in the next cheapest city, Beijing Sydney Geneva London Madrid Moscow Mumbai Kuala Bangkok Shanghai New York Shenzhen Singapore Hangzhou Cape Town, South Africa, they cost around Barcelona Cape Town Guangzhou Hong Kong Amsterdam Los Angeles Lumpur

US$310 psf. Hong Kong topped the list with San Francisco a whopping US$4,610 psf. Both KL and Cape Town markets have comparatively lower levels of domestic 2019 and the prime residential sector was wealth, while longstanding cooling meas- no exception. Prime residential rents ures in KL and a weak South African econo- Th is uncertainty is expected to continue in $7,000 my have also kept values below other cities, 2020. Globally, one of the key drivers of the House (4,000 sq ft) Savills Research said in the report. market in cities where values are expected $6,000 Th e same can be observed with rental to fall is a supply and demand imbalance, Apartment (2,000 sq ft) values, with Cape Town and KL ranked as including New York, Miami, Dubai and KL. $5,000 lower-valued cities for prime residential Prime residential properties in KL are $4,000 SOURCE: SAVILLS RESEARCH SOURCE: SAVILLS rents and were two of only three cities in expected to record a decrease in value of up the index where a prime house (4,000 sq ft) to -1.9% or zero growth for 2020. $3,000 Weekly rent (US$) cost less than US$1,000 per week, the other $2,000 being Hangzhou in China. Rental values outperformed Hong Kong remained top of the rental capital values $1,000 league at US$7,060 per week, followed by Overall, the average capital value of prime $0 Tokyo at US$6,000 per week. Interestingly, residential properties across world cities re- Paris New York topped the list for the rental cost mained fl at, averaging an increase of 0.1%, Dubai Tokyo Miami Beijing Madrid Sydney London Moscow Kuala of a prime apartment and was the only city down from 2.6% in 2018, a continued slow- Shanghai New York Shenzhen Singapore Hangzhou Barcelona Cape Town Hong Kong Guangzhou Amsterdam Los Angeles in the index where the average weekly rent down in growth since 2016. Lumpur for an apartment was higher than a house. Th e slowdown accelerated throughout San Francisco According to Savills Research, uncertainty the year and prices fell in many cities in the impacted the global property sector through second half of the year, resulting in an aver- age decrease of -0.4% over the six months 2019, after being on a downward trend since to December 2019. December 2014. Average yields continued KL recorded a 1% fall in capital value on moving upwards in the second half of the Average prime capital value growth vs rental growth the back of oversupply following a rise in the year as rental growth continued to outpace number of residential developments over price growth, standing at an average of 3.2% 16 Turning point Prime capital values During 2019, annual rental the past few years. Berlin and Paris were in December 2019 compared with 3.0% a 14 Prime rental values growth outperformed the strongest performers through 2019, with year before. 12 annual capital growth for annual growths of 8.8% and 6.4% respec- Bangkok and KL were comparatively 10 the first time in a decade tively. Th e German capital has seen strong high -yielding for the region, recording 4.6% 8 interest from buyers and investors looking and 3.6% respectively. Los Angeles was the 6 for income returns while prime property in highest-yielding city in the index, at 5.5%. 4 the French capital is viewed as a safe long- 2 term store of wealth. Buying, owning and selling costs Annual index change (%) 0 Rental values performed better than capi- Purchase price is just part of the picture. -2 tal values during 2019 with an average annual Overseas buyers need to factor in the lev- -4 increase of 1.2%, a 0.4% increase y-o-y. How- el of taxation and fees involved in buying, ever, like capital values, rent- owning and selling in diff erent Jun 11 Dec 11 Jun 17 Jun 13 Jun 12 Jun 15 Dec 17 Jun 10 Jun 18 Jun 19 Jun 14 Jun 16 Dec 13 Dec 12 Dec 15 Dec 10 Dec 18 Dec 19 Dec 14 Dec 16 Jun 07 al growth also slowed in the cities, the report said. Dec 07 Jun 08 Jun 09 Dec 08 Dec 09 Dec 06 second half of the year, with a KL recorded The costs associated with SOURCE: SAVILLS RESEARCH 0.3% increase compared with a 1% fall in purchasing, owning and selling 0.8% for the fi rst half. capital value a property as a non-resident can Gross prime residential yields by city in Dec 2019 According to the report, on the back increase the price signifi cantly. Dubai and KL recorded the of oversupply In this context, Hong Kong is the 6 largest rental falls over the most expensive of all the global year, with -5% and -4.1% re- following a rise cities in the index. 5 spectively. Both markets are in the number Here, an overseas buyer facing oversupply and poten- of residential can expect to pay an addition- tial renters have a lot of choice al 33.3% of the purchase price

Los Angeles Los developments 4 Moscow Barcelona

Dubai and negotiating power, said – most of which is stamp duty San Francisco Tokyo Paris over the past Bangkok Cape Town Cape Madrid the real estate research con- for overseas buyers. Berlin New York New London Seoul Yield (%) Miami few years. Mumbai 3 Sydney sultancy. Second, third and fourth Singapore

Hong Kong Hong Meanwhile, Los Angeles spots are taken by Singapore,

Amsterdam saw the largest rental growth (6.1%) being Tokyo and Sydney. Berlin completes the top Shenzhen Beijing 2 Hangzhou Guangzhou

Shanghai attributed to a shift from buying to renting fi ve and is in fact, the third most expensive city Kuala Lumpur in younger age groups. for a buyer as the agency fees are paid for by 1 As a result of the increased rental growth, the buyer but with no costs to sell the proper- average yields increased in the fi rst half of ty. However, KL is not mentioned in this list. SOURCE: SAVILLS RESEARCH FRIDAY MARCH 6, 2020 • THEEDGE FINANCIAL DAILY EP 5 FEATURE

BY CHIN WAI LUN Enriching the lives

PETALING JAYA: What’s the point of having facilities that are wasting of PPR youths, one sports away and no longer able to serve their full purpose? Outdoor recreational spaces for the community, especially children court at a time and youths, are aimed at promoting a healthy lifestyle and even to nur- ture sports talent, hence it would be a shame if such facilities become eyesores instead. Seeing the opportunity to make these spaces “great” again and help change the lives of the surrounding communities , Paramount Proper- ty Development Sdn Bhd CEO Beh Chun Chong decided to take the lead and partner EdgeProp.my and

Nippon Paint Malaysia to roll out EdgeProp.my the Sayangi Rumahku campaign in July 2019. Th e campaign is in support of the National Community Policy or Dasar Komuniti Negara (DKN) for- mulated by the Housing and Local Government Ministry, aimed at im- proving the lives of the B40 group.

Under this campaign, the dilapi- YEN YEING PICTURES BY LOW | dated outdoor sports courts at pub- The once dilapidated court of PPR Seri Cempaka was spruced up with colour and is now safer to use. lic housing schemes, including the People’s Housing Schemes (PPR) will be given a makeover. Th e in- itial PPRs identifi ed for this cam- paign are PPR Lembah Subang 1 in In partnership with Supported by Petaling Jaya, Selangor; PPR Seri Cempaka and PPR Seri Kedah (both in Kuala Lumpur). Beh noted that this private sec- tor initiative is expected to benefi t close to 16,000 residents living in 4,116 units in these PPRs. “We hope through the refurbish- ment of the outdoor sports courts, we could promote a healthier and more active lifestyle among resi- dents, especially the youths. “Not many PPR homes have out- Beh: We are happy to be able door sporting facilities. PPR Seri to create a functional and Cempaka, for example, is one of aesthetically-pleasing space for the few that does. Sadly, the court the community. was in a bad condition and riddled with holes. We were also concerned about the safety of kids playing at the playground nearby, especially when there is a kindergarten locat- The volunteers ed next to the court,” Beh shared, from Paramount adding that the initial stage of the working together Sayangi Rumahku campaign will with those from need at least RM200,000. EdgeProp.my The refurbishment works in- and Nippon clude converting the existing sports Paint during courts into bigger multipurpose the repainting. sports courts with a colourful de- Paramount will sign that will attract residents to be spending spend time outdoors, be it for sports an estimated or for community activities. RM200,000 To date, the makeover of the to spruce up sports courts at PPR Lembah rundown outdoor Subang 1 and PPR Seri Cempaka sports courts at have been completed. Not only the PPR projects. have they become fully function- al and safe, they also sport vibrant designs and colours refl ecting the porting the company’s eff orts to varied requests from residents on “Likewise, in terms of patterns nity. Th e courts at PPR Lembah Malaysia’s fl ag. improve the lives of the B40 group. how they want their sports courts and colours used, there is a need Subang 1 and PPR Seri Cempaka During the refurbishment pro- One of the challenges to the to be. to balance creativity and function- are now much more colourful and cess, PPR residents have joined vol- refurbishment efforts, how- “We received a number of re- ality,” Beh explained. can be used for both futsal and unteers from Paramount, Nippon ever, was having to deal with quests to design the courts for But these are mere hiccups be- badminton,” said Beh. Paint Malaysia and EdgeProp.my Malaysia’s weather. For instance, multiple usage such as futsal, bad- cause nothing beats the satisfaction Meanwhile, the Sayangi Ru- in the painting works on the sports works were slightly delayed due minton, sepak takraw and netball. of seeing residents enjoy their newly mahku campaign moves on to PPR courts. Close to 60 Paramount staff to the inter-monsoon rains in the While we would like to fi t as many refurbished sports courts. Seri Kedah next. Painting works including its senior management latter half of 2019. court types as possible into one, “We are happy to be able to cre- will begin on March 15, 2020 and took time off to participate in the Another challenge faced by the too many different [court] lines ate functional and aesthetically scheduled to be completed by end- campaign, wholeheartedly sup- partners in this campaign were the will aff ect functionality. -pleasing spaces for the commu- March. EP 6 FRIDAY MARCH 6, 2020 • THEEDGE FINANCIAL DAILY DONE DEALS

FindTo real your estate dream agents home — Have from you more just than concluded an interesting deal? 250,000We would listings love to at hear www.EdgeProp.my from you! Contact us at [email protected]

SOLD FOR SOLD FOR DONE RM1.6 million (RM550 psf) DEAL RM1.765 million (about RM462 psf) Villa Aman Condominium, Semidee, Residency Section 9, Jalan Ritchie, Kuala Lumpur Kota Damansara, Selangor Concluded by: Elvie Ho (REN 22102) Concluded by: Ann Soh (REN 03232) DONE of Reapˎ eld Properties HQ Sdn Bhd of Metro Rec Sdn Bhd (+6018 369 8650) DEAL (+6012 303 3788) When: August 2019 When: December 2019

Noteworthy Located in the heart of Kuala moving back to his country. Noteworthy Section 9 Kota Damansara is environment,” she said. Lumpur, Villa Aman is a low- The unit comes with basic an exclusive residential area Besides, Taman Rimba • Freehold density luxury condominium ˎ ttings and some furniture • Leasehold with several gated-and-guarded Riang is about 1.5km away or a • 2,906 sq ft completed in 2000. Located such as cabinets, sofa, lights, • Land area: landed housing developments 20-minute walk from Residency • Corner unit along Jalan Ritchie near the work desk as well as some 3,821 sq ft mainly comprising semidees Section 9, so residents are often • 4 bedrooms and Embassy Row in Ampang electrical items such as • Built-up: 3,111 sq ft and bungalows. seen strolling or jogging in the 4 bathrooms Hilir, it offers just 20 units washing machine and a TV. • Semi furnished It is situated next to Kota area. housed within three 3-storey The well-maintained unit Damansara Community Forest The healthy living environ- • Almost fully- with basic fi ttings furnished blocks. Unit built-ups range attracted the local buyer who and lights Reserve, creating a green and ment appealed to the couple from 2,454 sq ft to 3,853 sq was looking for a new place quiet environment not too far who bought the unit as they • Facilities: gym, • Five bedrooms and ft with a minimum of four for his growing family. He from the popular commercial were looking for a suitable home reading room, fi ve bathrooms swimming pool, bedrooms. liked the unit’s minimalist • Nearby amenities: areas such as Dataran Sunway, to raise their family, Soh said. landscaped garden, Nearby are shopping design and its convenient yet schools, eateries, The Curve shopping centre and 1 With house prices in Kota playground, sauna malls such as Suria KLCC, quiet location. supermarkets, Utama Shopping Centre. Damansara having risen rapidly and games room Pavilion KL, Ampang Point The unit was transacted hospital, forest Residency Section 9 is one over the years, the seller decided • Nearby amenities: and Great Eastern Mall; at below the market value at reserve, park of the gated-and-guarded it was a good time to cash out. Shopping malls, international schools; RM1.6 million in December • Easy access enclaves located next to SK Kota EdgeProp.my data showed international hospital and medical centre 2019. to Persiaran Damansara Section 9 school that in 2018, there were two schools, hospitals as well as ofˎ ces. EdgeProp.my data Mahogani and and the forest reserve. semidees transacted in Section and medical centres According to real estate showed two units in Villa New Klang Valley According to Ann Soh 9, Kota Damansara, with an as well as offi ces and negotiator Elvie Ho of Aman were sold between Expressway, 5km from Metro Rec Sdn Bhd, who average price of RM2.58 million shops Reapˎ eld Properties who 2015 and 2019 for RM1.45 from Dataran concluded the sale, Residency or RM648 psf in 2018. In 2019, Sunway, 8km away concluded the deal, Villa million or RM429 psf and Section 9 comprises only 92 one semidee was sold at RM1.77 from The Curve Aman is a rare low-density RM1.5 million or RM639 psf. semidee units designed with million or RM462 psf. shopping centre, project in the city centre. As at Feb 3, 2020 there 10km from Subang high ceilings. The property portal also has This unit was owned were two units listed for Airport and around “The homes here are popular only one sale listing of semidee by a Korean who wanted sale with the asking price of 25km to Kuala because of their spaciousness in the area, with an asking price to sell the unit as he was RM619 psf and RM669 psf. Lumpur city centre and their safe and green of RM2.8 million or RM510 psf.

RENTED FOR RENTED FOR RM3,800/mth (RM6.08psf) DONE RM2,500/mth (RM2.50 psf) DONE DEAL DEAL Serviced residence, Condominium unit, The Hamilton, Star Residences Tower 1, KL Wangsa Maju, KL Concluded by: Meifen Low (REN 06451) Concluded by: Kenny Lee (REN 18277) of One WSM Property Sdn Bhd of PropNex Realty Sdn Bhd (+6012 653 0714) When: Dec 2019 (+6012 285 9790) When: Dec 3, 2019

The Star Residences Tower 1 is “The tenant is an expatriate Located at the Jalan Lee of PropNex Realty Sdn Noteworthy part of the Star Development lo- who works in the city centre, so Noteworthy Wangsa Delima area next Bhd, who co-brokered the • 1 bedroom and cated at the intersection of Jalan the location is very convenient • Leasehold to Seksyen 5 in Wangsa rental deal, The Hamilton Mayang and Jalan Yap Kwan for him,” Low added, noting that Maju, KL, The Hamilton was recently completed in 1 bathroom • Built-up: 1,000 sq ft Seng in . the KLCC precinct offers a wide (also known as Residensi October 2019. • Built up: 625 sq ft • 3 bedrooms, 2 Jointly developed by array of amenities such as the Hamilton) is a high-rise “It was a co-agency deal • Fully furnished bathrooms Symphony Life Bhd and Ampang Park LRT station, malls, residential development and the tenant was brought with air- • Fully furnished conditioning units, United Malayan Land Bhd, the and ofˎ ces. by Era Ecoland Sdn Bhd, a in by another agent. It went • High fl oor unit sofa, wardrobe, freehold development consists The tenancy commenced on subsidiary of Aset Kayamas well and we sealed the deal coff ee table, of a 57-storey Tower 1, 58-storey Jan 1 this year with an option to • Walking distance to Sri Sdn Bhd. after two viewings,” said Lee. washer and dryer, Tower 2, 58-storey Ascott Star renew for another year. Rampai LRT station; The 42-storey “The tenant liked that it kitchen cabinet, KLCC Kuala Lumpur and Star “The landlord expected to within 1km to AEON condominium is situated is on a high ː oor with nice and kitchen hood Boulevard, the latter featuring get a higher rent for the unit but BiG Wangsa Maju, on a 1.44-acre leasehold views of the city. The unit and hob retail, F&B and entertainment accepted this offer because of Wangsa Walk Mall and site. It houses a total of 435 also came fully-furnished. Pusat Bandar Wangsa • Facilities: outlets. the good proˎ le of the tenant,” units with built-ups ranging “Furthermore, the tenant Maju commercial hub swimming pool, Tower 1, which was Low added. between 1,000 sq ft and got to move into a newly gym, outdoor completed in December 2019, Nevertheless, the rental psf 2,219 sq ft. completed unit close to his pavilion and BBQ has 557 serviced residences with for the unit is still competitive. The Hamilton is workplace,” Lee added. lounge, koi pond built-up sizes from 625 sq ft. It is Rental listings on EdgeProp.my strategically located within Based on data obtained and gardens the highest residential building showed that the asking rents walking distance to various by EdgeProp.my as of end- • Walking distance in the vicinity. for serviced residences at Star amenities, notably the Sri January 2020, there were to KLCC, Avenue K, The one-year tenancy for this Development ranges from Rampai LRT station and the nine rental listings for The Suria KLCC, KLCC unit in Tower 1 at RM3,800 per RM4,200 to RM6,500, or RM6.65 Wangsa Walk Mall. It is also Hamilton asking for an Park; KLCC and Ampang Park LRT month is reasonable given the to RM9.02 psf per month as at close to major highways average rent of RM2,222 per stations strategic location of the project January 2020. such as the Duta-Ulu Klang month or RM2.18 psf. and the fact that this is a brand The average asking price for Expressway (Duke), Middle Meanwhile, there were new fully-furnished unit, says One these units was about RM1.13 Ring Road 2 (MRR2) and 12 sale listings going for WSM Property Sdn Bhd’s Meifen million to RM2.73 million, or Jalan . an average asking price of Low who concluded the deal. RM1,767 to RM2,914 psf. According to Kenny RM679,604 or RM573 psf.

3XEOLVKHGE\7KH(GJH3URSHUW\6GQ%KG 3 /HYHO0HQDUD./.1R-DODQ3-80XWLDUD'DPDQVDUD3HWDOLQJ-D\D6HODQJRU0DOD\VLD 3ULQWHGE\8OWLPDWH3ULQW6GQ%KG + /RW-DODQ6HSDQD2II3HUVLDUDQ6HODQJRU6HNV\HQ6KDK$ODP6HODQJRU0DOD\VLD FRIDAY MARCH 6, 2020 • THEEDGE FINANCIAL DAILY

FRIDAY AUGUST 30, 2019 Click/tap on SPOTLIGHT each listing Commercial Residential to visit the Properties for sale and rent listing’s page

RM990,000 RM22,000,000 RM730,000 RM2,500,000 You Vista, Batu 9 Cheras, Selangor Jalan Sungai Jelok, Kajang, Trellises, , 28 Mont Kiara (MK28), Mont’Kiara, Type: Condominium Tenure: Freehold Selangor Kuala Lumpur Kuala Lumpur Built-up: 2,400 sq ft Type: Residential land Tenure: Freehold Type: Condominium Tenure: Freehold Type: Condominium Tenure: Freehold Bedroom: 5 Bathroom: 4 Land size: 5 acres Built-up: 1,188 sq ft Bedroom: 3 Bathroom: 2 Built-up: 2,700 sq ft Bedroom: 4 Bathroom: 4 Aaron Loo (REN 34171) Angelia Kong (REN 03495) Ann Soh (REN 03232) Carmen Teoh (REN 27223) JUSTE LAND (E (3) 0205/1) FIRST REALTORS AGENCY (E (3) 0788) METRO REC SDN BHD (VE (1) 0376/1) IQI REALTY SDN BHD (E (1) 1584) +6019 473 3413 +6017 292 3977 +6018 369 8650 +6012 303 3133

RENTED FOR

RM3,800/mth (RM6.08psf) DONE Serviced residence, DEAL Star Residences Tower 1, KL Concluded by: Meifen Low (REN 06451) of One WSM Property Sdn Bhd (+6012 653 0714) When: Dec 2019 RM5,500/mth RM3,900,000 Residential Suites @ M City, The Star Residences Tower 1 is “The tenant is an expatriate Sierramas, Sungai Buloh, Selangor Ampang, Kuala Lumpur Noteworthy part of the Star Development lo- who works in the city centre, so Type: Bungalow Tenure: Freehold 7,000 sq ft Type: Condominium Tenure: N/A • 1 bedroom and cated at the intersection of Jalan the location is very convenient Built-up: 6,609 sq ft Land size: Built-up: 1,680 sq ft 1 bathroom Mayang and Jalan Yap Kwan for him,” Low added, noting that Bedroom: 7 Bathroom: 7 3 2 Seng in Kuala Lumpur city centre. the KLCC precinct offers a wide Bedroom: Bathroom: • Built up: 625 sq ft Charles Chua (REN 02154) Jointly developed by array of amenities such as the Chris Chiam (REN 27288) • Fully furnished REAPFIELD PROPERTIES (HQ) SDN BHD (E (1) 0452) with air- Symphony Life Bhd and Ampang Park LRT station, malls, REAPFIELD PROPERTIES (SJ) SDN BHD (E (1) 0452/2) +6012 282 0823 conditioning units, United Malayan Land Bhd, the and offices. +6019 317 7060 sofa, wardrobe, freehold development consists The tenancy commenced on coffee table, of a 57-storey Tower 1, 58-storey Jan 1 this year with an option to washer and dryer, Tower 2, 58-storey Ascott Star renew for another year. kitchen cabinet, KLCC Kuala Lumpur and Star “The landlord expected to and kitchen hood Boulevard, the latter featuring get a higher rent for the unit but and hob retail, F&B and entertainment accepted this offer because of • Facilities: outlets. the good profile of the tenant,” swimming pool, Tower 1, which was Low added. gym, outdoor completed in December 2019, Nevertheless, the rental psf pavilion and BBQ has 557 serviced residences with for the unit is still competitive. lounge, koi pond built-up sizes from 625 sq ft. It is Rental listings on EdgeProp.my and gardens the highest residential building showed that the asking rents Walking distance • in the vicinity. for serviced residences at Star RM2,300,000 to KLCC, Avenue K, RM550,000 Suria KLCC, KLCC The one-year tenancy for this Development ranges from Sunway SPK Damansara, Park; KLCC and unit in Tower 1 at RM3,800 per RM4,200 to RM6,500, or RM6.65 The Nomad SuCasa, Ampang, Kuala Lumpur Ampang Park LRT month is reasonable given the to RM9.02 psf per month as at Kuala Lumpur Type: Terraced house Tenure: Freehold stations strategic location of the project January 2020. Type: Condominium Tenure: Freehold Built-up: 2,798 sq ft and the fact that this is a brand The average asking price for Built-up: 990 sq ft Bedroom: 2 Bathroom: 2 Bedroom: 6 Bathroom: 5 new fully-furnished unit, says One these units was about RM1.13 Chris Tang (REN 32877) WSM Property Sdn Bhd’s Meifen million to RM2.73 million, or Elvie Ho (REN 22102) REAPFIELD PROPERTIES (HQ) SDN BHD (E (1) 0452) Low who concluded the deal. RM1,767 to RM2,914 psf. REAPFIELD PROPERTIES (HQ) SDN BHD (E (1) 0452) +6018 278 9330 +6012 303 3788

RM1,200,000 RM5,280,000 RM3,600/mth RM2,061,720 Taman Taming Jaya, Balakong, Jalan Setia Bakti, Damansara Riana Green East, Wangsa Maju, 8 Conlay, KLCC, Kuala Lumpur Selangor Heights, Selangor Kuala Lumpur Type: Condominium Tenure: Freehold Type: Factory Tenure: Freehold Type: Bungalow land Tenure: Freehold Type: Condominium Tenure: Leasehold Built-up: 705 sq ft Bedroom: 1 Bathroom: 2 Built-up: 2,000 sq ft Land size: 2,000 sq ft Land size: 7,050 sq ft Built-up: 1,647 sq ft Bedroom: 4 Bathroom: 3

Eugene Koo (REN 00311) Eugene Yap (REN 12217) Fong Tan (REN 38422) Ian Tang (REN 22803) I-PROP REALTY (USJ) SDN BHD (E (1) 0452/2) FOCUS ESTATE AGENCY SDN BHD (E (1) 1751) REAL ESTATE FINDERS (MY) SDN BHD (E (1) 1516) REAPFIELD PROPERTIES (HQ) SDN BHD (E (1) 0452) +6017 212 3948 +6012 625 9888 +6012 370 9874 +6018 278 3154 FRIDAY MARCH 6, 2020 • THEEDGE FINANCIAL DAILY

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RM1,180,000 RM6,380,000 RM2,100,000 RM490,000 VIVO Residential Suites, Jalan Surian Industrial Park, Elite 33 Signature Business Park, Keranji, Sepang, Selangor Klang Lama, Kuala Lumpur Kota Damansara, Selangor Shah Alam, Selangor Type: Terraced house Tenure: Freehold Type: Condominium Tenure: Leasehold Type: Factory Tenure: Freehold Type: Shopoffice Tenure: Freehold Built-up: 1,965 sq ft Land size: 1,400 sq ft Built-up: 1,388 sq ft Bedroom: 3 Bathroom: 3 Built-up: 10,032 sq ft Built-up: 4,000 sq ft Land size: 2,000 sq ft Bedroom: 4 Bathroom: 3

James Lee (REN 11088) Jessica Tung (REN 05827) Joanne Soh (REN 13124) Justin Lee (REN 32527) LEADERS REAL ESTATE (E (3) 1204) PROPNEX REALTY SDN BHD (E (1) 1800) CBD PROPERTIES SDN BHD (E (1) 1197) FULL HOMES REALTY SDN BHD (E (1) 1501/8) +6010 773 0073 +6012 381 7783 +6012 297 6506 +6016 618 9568

RENTED FOR DONE DEAL RM2,500/mth (RM2.50 psf) Condominium unit, The Hamilton, Wangsa Maju, KL Concluded by: Kenny Lee (REN 18277) of PropNex Realty Sdn Bhd (+6012 285 9790) When: Dec 3, 2019 RM110,000 RM32,670,000 Taman Sri Indah, Cheras South, Located at the Jalan Lee of PropNex Realty Sdn Pulau Indah Industrial Park, Selangor Noteworthy Wangsa Delima area next Bhd, who co-brokered the Port Klang, Selangor Type: Flat Tenure: Leasehold • Leasehold to Seksyen 5 in Wangsa rental deal, The Hamilton Type: Land Tenure: Leasehold Built-up: 650 sq ft Bedroom: 3 Bathroom: 1 Maju, KL, The Hamilton was recently completed in Land size: 10 acres • Built-up: 1,000 sq ft (also known as Residensi October 2019. • 3 bedrooms, 2 (REN 35407) Hamilton) is a high-rise “It was a co-agency deal (REN 09622) Juzri bathrooms Yong Hao Sit HUNT PROPERTIES (BANGI) SDN BHD (E (1) 1498/3) residential development and the tenant was brought REGIONAL REAL ESTATE (E (3) 1274) • Fully furnished +6016 220 6104 by Era Ecoland Sdn Bhd, a in by another agent. It went +6012 690 8291 • High floor unit subsidiary of Aset Kayamas well and we sealed the deal • Walking distance to Sri Sdn Bhd. after two viewings,” said Lee. Rampai LRT station; The 42-storey “The tenant liked that it within 1km to AEON condominium is situated is on a high floor with nice BiG Wangsa Maju, on a 1.44-acre leasehold views of the city. The unit Wangsa Walk Mall and site. It houses a total of 435 also came fully-furnished. Pusat Bandar Wangsa Maju commercial hub units with built-ups ranging “Furthermore, the tenant between 1,000 sq ft and got to move into a newly 2,219 sq ft. completed unit close to his The Hamilton is workplace,” Lee added. strategically located within Based on data obtained walking distance to various by EdgeProp.my as of end- RM2,370,000 amenities, notably the Sri January 2020, there were RM950,000 Rampai LRT station and the nine rental listings for The Kawasan Industri Masjid Tanah, Wangsa Walk Mall. It is also Hamilton asking for an Surian Condominium, Alor Gajah, Melaka close to major highways average rent of RM2,222 per Mutiara Damansara, Selangor Type: Industrial land Tenure: Leasehold such as the Duta-Ulu Klang month or RM2.18 psf. Type: Condominium Tenure: Freehold Land size: 139,414 sq ft Expressway (Duke), Middle Meanwhile, there were Built-up: 1,302 sq ft Bedroom: 3 Bathroom: 2 Ring Road 2 (MRR2) and 12 sale listings going for Kheng Fatt (REN 04422) Jalan Setiawangsa. an average asking price of Laura Teh (REN 02734) CHESTER PROPERTIES SDN BHD (E (1) 1321/15) According to Kenny RM679,604 or RM573 psf. REAPFIELD PROPERTIES SDN BHD (E (1) 0452) +6012 329 6931 +6019 221 9830

RM2,600/mth RM4,000,000 RM13,000,000 RM1,000/mth Laman Ceylon, Bukit Bintang, Kompleks Damai, KL City, Lorong Taman Pantai 2, Pantai, Gemilang Indah, Jalan Klang Lama, Kuala Lumpur Kuala Lumpur Kuala Lumpur Kuala Lumpur Shopoffice Type: Condominium Tenure: Freehold Type: Tenure: Freehold Type: Bungalow Tenure: Freehold Type: Condominium Tenure: Freehold 11,292 sq ft 4 Built-up: 820 sq ft Bedroom: 1 Bathroom: 1 Built-up: Bathroom: Built-up: 17,749 sq ft Land size: 20,000 sq ft Built-up: 1,122 sq ft Bedroom: 3 Bathroom: 2 Bedroom: 5 Bathroom: 4 Leena Tan (REN 28908) Lim Chee Leng (PEA1158) Ling Chai (REN 20461) Livien (REN 14087) REAPFIELD PROPERTIES (HQ) SDN BHD (E (1) 0452) REJEY PROPERTIES (E (3) 0255) GRIFFIN PROPERTIES (E (3) 1792) GRIFFIN PROPERTIES (E (3) 1792/1) +6012 322 7901 +6016 336 0661 +6017 812 8196 +6012 421 5350 FRIDAY MARCH 6, 2020 • THEEDGE FINANCIAL DAILY

FRIDAY AUGUST 30, 2019 Click/tap on SPOTLIGHT each listing Commercial Residential to visit the Properties for sale and rent listing’s page

RM4,100/mth RM320,000 RM1,180,000 RM560,000 KL Eco City, , Bandar Warisan Puteri, Seremban, Seksyen 7, Shah Alam, Selangor Aurora Residence @ Lake Side City, Kuala Lumpur Negeri Sembilan Type: Residential land Tenure: Leasehold Puchong, Selangor Type: Office Tenure: Leasehold Type: Terraced house Tenure: Freehold Land size: 9,085 sq ft Type: Condominium Tenure: Leasehold Built-up: 1,035 sq ft Built-up: 1,480 sq ft Land size: 1,400 sq ft Built-up: 1,238 sq ft Bedroom: 3 Bathroom: 2 Bedroom: 4 Bathroom: 3 Low Chee Hoong (REN 22437) Mohd Hazli Aziz (REN 35744) Mohd Syam (REN 15084) Neoh Eng Kim (REN 32881) REAPFIELD PROPERTIES SDN BHD (E (1) 0452/9) IW PROPERTIES (E (3) 1334/1) JUSTE LAND (E (3) 0205) TECH REALTORS PROPERTIES SDN BHD (E (1) 1492) +6012 318 8473 +6012 666 0984 +6013 639 6454 +6016 208 6331

RM800,000 RM425,000 RM595,000 RM1,088,000 USJ 2, USJ, Selangor Jalan Impian Setia, Kajang, Meridian Townhouse, Sungai Buloh Country Resort, Type: Terraced house Tenure: Freehold Selangor Petaling Jaya, Selangor Sungai Buloh, Selangor Built-up: 1,405 sq ft Land size: 1,647 sq ft Type: Terraced house Tenure: Freehold Type: Townhouse Tenure: Leasehold Type: Semidee house Tenure: Freehold Bedroom: 4 Bathroom: 3 Built-up: 1,170 sq ft Land size: 990 sq ft Built-up: 1,040 sq ft Built-up: 2,464 sq ft Land size: 4,000 sq ft Bedroom: 3 Bathroom: 3 Bedroom: 3 Bathroom: 2 Bedroom: 5 Bathroom: 5 Philip CK Ong (REN 32684) Shahrul Ridhwan (REN 29515) Susan (REN 34104) Terence Yap (REN 10998) I-PROP REALTY (USJ) SDN BHD (E (1) 0990/2) ACEAKL ESTATE AGENCY SDN BHD (E (1) 1697) CHESTER PROPERTIES SDN BHD (E (1) 1321/15) GS REALTY SDN BHD (E (1) 1307) +6016 220 0780 +6017 265 7503 +6019 210 9848 +6012 232 9042

RM37,400/mth RM2,500,000 RM340,000 RM888,000 Symphony Square, Petaling Jaya, Uptown Residences, Petaling Jaya, Apartment Sri Ara, Tebrau, Johor Bahru, Selangor Selangor Ara Damansara, Selangor Johor Type: Office Tenure: N/A Type: Condominium Tenure: Freehold Type: Apartment Tenure: Freehold Type: Terraced house Tenure: Freehold Built-up: 7,792 sq ft Built-up: 2,503 sq ft Built-up: 785 sq ft Bedroom: 3 Bathroom: 2 Built-up: 3,420 sq ft Land size: 3,520 sq ft Bedroom: 4 Bathroom: 4 Bedroom: 5 Bathroom: 3 Victor Lim (REN 09135) Vivienne Ng (REN 04563) Wenda Tee (REN 31380) Ewe Bee Leng (REN 21962) CBD PROPERTIES SDN BHD (E (1) 1197) REAPFIELD PROPERTIES (TAMAN SEA) SDN BHD REAPFIELD PROPERTIES (HQ) SDN BHD (E (1) 0452) TIRAM REALTY (E (3) 0077) +6019 280 2788 (E (1) 0452/9) +6017 338 8859 +6013 348 9163 +6013 772 9043

RM298,000 RM1,200,000 RM900,000 RM369,000 Residen Mutiara, Bandar Country Saujana Impian, Kajang, Selangor Quill Residence, KL City, Sunway Mentari, Subang Jaya, Homes, Selangor Type: Terraced house Tenure: Freehold Kuala Lumpur Selangor Type: Townhouse Tenure: Freehold Built-up: 3,800 sq ft Land size: 6,000 sq ft Type: Condominium Tenure: Freehold Type: Serviced apartment Tenure: Leasehold Built-up: 1,043 sq ft Land size: 1,220 sq ft Bedroom: 6 Bathroom: 5 Built-up: 667 sq ft Bedroom: 1 Bathroom: 1 Built-up: 4,400 sq ft Bedroom: 1 Bathroom: 1 Bedroom: 3 Bathroom: 2 Firdaus Bin Samuri (REN 25246) Izzah Rohaizad (REN 10356) Mohd Waqiyuddin (REN 17029) Wilson Lim (REN 29646) LEGACY REAL PROPERTY SDN BHD (E (1) 1925) WEISE INTERNATIONAL PROPERTY CONSULTANTS CBD PROPERTIES SDN BHD (E (1) 1197) ONE WSM PROPERTY SDN BHD (E (1) 1823) +6019 337 7358 SDN BHD (VE (1) 0241) +6017 422 2179 +6018 350 2456 +6016 353 0201