Kemensah Heights Bungalow Lot For Sale

Hello folks!

Kemensah Heights is located at the back of the National Zoo in Ulu Kelang. After being quite a low profile area for many years it has begun to see the development of some very high end residences. Access is via the Zoo Negara or Taman Melawati. There are many ways to reach the city centre and soon the Duke Highway will be ready and the journey to Jalan Duta will be a breeze.

We have a bungalow land which is flat, slightly elevated and if you build your dream house creatively you can have a commanding view of the Klang Gates as shown in the picture above.

The land is of FREEHOLD status. Land area is 13,660 sf and price is RM128 p.s.f.

Call Mel at 019-237 8330 or melwalia@gmail.com for more info.

Taman TAR Bungalow for Rent

Nice big lawn to enjoy

Good day,

This is a modern house with new fixtures and fittings, new bathrooms, kitchen floorings and even ceilings. Something that most expats yearn for when they look for a house.

This house has just been renovated slightly more than a year ago. If you know Taman TAR, then you will know where the KDE club is. This house is a 7 minutes walk from the club.

The land area is 10,000 s.f. and the built-up is about 4,500 s.f. There are 5 +1 bedrooms and 4 bathrooms.  From the pictures you can see there is a big lawn area in front  of the house. Since there is no swimming pool, the owner will nominate the Tenant for the club membership.

Rental is RM15k RM13k per month.

For viewing call me at (+6)019-237 8330 or melwalia@gmail.com

TARA Condo for Sale, Ampang Hilir

The Balcony

The tallest condominium in Ampang Hilir. The evergreen Tara Condo. Located along Jalan Ampang Hilir and very near to The Raintree Club this condo have always been a favorite among tenants for it’s nice sized balcony (ideal for BBQs).

We have a renovated unit for sale. It is 2,760 s.f.  with 3+1 bedrooms with 3 bathrooms.   The condo is very well maintained by it’s owner. I must assure you that all renovations are nice and in good taste, like new ceilings, fixtures, fittings, bathrooms and kitchen.

The property is of  FREEHOLD status. Selling price is RM1.6m neg. The unit comes with 2 car parks.

*Note: If you have been looking for a unit for sale in Tara then you will know how difficult it is to get one for sale let alone a decent looking one.

Call me at 019-237 8330 or melwalia@gmail.com for more info.

Property News (Sept ‘09)

Hi folks,  begin the buying spree now!

As published in the Malaysian Insider today.

M’sian property market on recovery path

KUALA LUMPUR, Sept 8 — Judging by the recent step up in sales at Malaysia’s most expensive real estate development, the property market appears to be trending up again.

The Binjai On The Park clinched over RM100 million (S$40.7 million) in sales last month, about RM40 million in the last week, its marketing & sales manager Terri Har told BT.

Indeed one well-heeled buyer even acquired six of its standard 3,000-plus sq ft units costing about RM7 million each, and is contemplating another two. Also snapped up were three penthouses of about 5,200 sq ft, each priced at between RM15-16 million.

Investors may be more upbeat about the economic recovery, but a price revision has also proved a big incentive.

Considered a trophy asset given its freehold residential status right smack in the KLCC (Kuala Lumpur City Centre) development and its views of the KL Twin Towers, developer Layar Intan had initially priced the luxury units at an average RM3,000 psf last August when it began to take bookings.

Nearly a third of the total 171 units in the two tower blocks were snapped up within two months. But things quickly soured when the global financial crisis hit.

The timing was unfortunate, Ms Har acknowledged, recalling its Singapore road show was rendered a non-event since it was held on the same day that Lehman Brothers collapsed, plunging global markets into a tail-spin.

Closer home, more than 20 buyers cancelled their bookings. Because the sales & purchase agreements had not been signed and wanting to keep their goodwill, their deposits were refunded.

Developer Layar Intan is a subsidiary of KLCC Holdings, in turn part of the property group of national oil company Petronas.

Deciding it was pointless to fight the bearish sentiments, Layar Intan laid low but in June revised prices to an average RM2,400 psf – still some 30 per cent higher than other developments in the vicinity.

It is currently also throwing in a 5 per cent ‘early bird discount’ to Malaysian buyers and has launched its smaller units of 2,000-plus sq ft at a lower average cost of RM1,700 psf which has attracted a number of investors who believe there will be significant capital appreciation over the next few years.

Rebates were given to purchasers who had bought units at higher prices. Many of those who cancelled have since come back and purchased larger units, according to Ms Har who described buyers to be a combination of old-money and Malaysian professionals working overseas who have plans to use their residences as a second home or holiday home.

About 60 per cent of the buyers have decided against a loan, preferring to pay up in cash.

Once about 40 per cent of the units are sold, Layar Intan plans to raise prices, she said. Purchasers will receive vacant possession of their units in December. — Business Times Singapore

My Ad in Expatriate Housing & Living (Merdeka Issue ‘09)

Somerset Bukit Ceylon for Sale or Rent

Happy Merdeka folks!

We have a very nice corner unit in Somerset for sale or rent. The size is 1,119 sf   2 rooms and it is furnished. The view is of Lot 10 and KLCC.

Sale price is RM1.0m neg and rental is RM6.5k neg.  per month.

Please call me at 019-237 8330 or email melwalia@gmail.com