EAST MALAYSIA’S LEADING PROPERTY PORTAL, MAGAZINE & EXPO ISSUE 90 RM9.50 (Inc GST)
HOT TOPIC
CONTRIBUTOR
HOT TOPIC
Group investing: Hunt in a pack like the lion instead of alone like the tiger
Just rent it out lah!: Sometimes, some income is better than no income
From renter to homeowner: How to go through the transition successfully
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TM
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CONTENTS Grand Opening 10 GM Mall opening June 2nd!! Be part of our grand experience Contributor 14 Just rent it out, lah! - by YK Hwong 18 Exemptions of cabotage policy requires follow-up measures and policies - by Dr Rafiq Idris Hot Topic 10
22 From renter to homeowner: How to go through the transition successfully. 26 When is the best time to invest? (The truth) 30 Group investing Featured Events 34 The finest luxury collections in the heart of Kuala Lumpur 36 PH Expo Sandakan – Riding the investment waves 37 PH Expo 2017 wraps up in Tawau Property News 38 Pan-Borneo to create thousands of jobs
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43 TBMC to lease out all 60 units in 9 months after OC 44 Site visit to Aeropod, promising future for Tanjung Aru 46 SHAREDA, MCCC to promote bilateral opportunities 48 Renting needs more supply of affordable homes 50 Property market is expected to remain flattish in 2017 51 Sabah looks set to draw more China investors 56 Sabah will benefit from tourism tax revenue 58 Minister: Make Sepanggar a regional transshipment hub 62 Borneo’s premier outdoor show expects 10,000 turn ups 69 No AirBNB at Jesselton Residences Databank 94 Property databank
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Disclaimer, Permission & Reprints: This publication is not an investment advice. It is intended only to inform and illustrate. No reader should act on the basis of any matter contained in this publication without first seeking appropriate professional advice that takes into account their own particular circumstances.The publisher and editors give no representations and make no warranties, express, or implied, with responsibility of any of the material (including statistics, maps, articles, loan product tables, advertisements and advertising features) contained in this publication. The publisher and editors expressedly disclaim all responsibility for any errors in or omissions from the information contained in this publication, including all liability for any loss or damage suffered or incurred by any person as a result of or arising out of that person placing any reliance, weather whole or partial, upon the whole or any part of the contains of this publication. No correspondents will be entered into a relation to this publication by the publishers, editors or authors. The publishers do not endorse any company, organisation, person, investment strategy or technique mentioned in this publication unless expressly stated otherwise. The publishers do not endorse any advertisements or any special advertising features in this publication, nor does the publisher endorse any advertiser(s) or their products / services unless expressly stated to the contrary. Articles are published in the reliance upon the representations and warranties of the authors of the articles and without our knowledge of any infringement of any third party’s copyright. The publishers and editors do not authorise, sanction, approve or countenance any copyright infringement. This publication is protected under the Law of Malaysia Act 332 Copyrights Act 1987 and may not, in whole or part, be lent, copied, photocopied, reproduced, translated or reduced to any electronic medium or machine-readable format without the express written permission of the publisher. Copyrights 2013 Maxx Media (S) Sdn Bhd. All rights reserved.
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grand opening
GRAND OPENING ď‚„ by Grand Merdeka
GM Mall Opens on June 2nd Be part of our grand experience
Nestled in the residential catchment of 365,053 people within 15km radius from Bandar Sierra Menggatal, Grand Merdeka features its completed 3-storey sub-urban shopping mall, spread across 6 acres of prime land along Jalan Tuaran. The Grand Merdeka Mall is geared up to open its doors on 2nd June 2017.
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grand opening
What’s Coming Up @ GM Mall The GM Mall is certain to draw crowds on its opening month with various activities and events going on. Shoppers stand a chance to win prizes worth up to RM500 when they shop at GM Mall. They may join the best selfie or wefie contest during opening month to win attractive prizes and goodies. There will be four adorable mascots,
Grab a meal at our Food Craze
each represents the four zoning of the mall, to meet and greet shoppers. In conjunction with Ramadhan season, one of the highlighted celebrations is the Makan Bersama Anak Yatim on 16th June 2017 with Yayasan Kebajikan Suria. At the dinner, local artist Apiz Paschya will be performing in the spirit of Ramadhan and Syawal. On the 17th July 2017, shoppers are invited to join our Syawal open house with ERA.fm, with special appearances by Aiman Tino and Firman. With a span of 900,000 sq. ft., the GM Mall unveils about 300,000 sq. ft. of food and beverage, fashion boutiques, services and entertainment. The tenants currently in operation includes Food Craze, Fun Scape, SS Supersave, DBKK One Stop Centre, Captain Hungry, Mr & Mrs Cook Café, Kuali Café, Smart Phone Accessories, Ann Ash Fashion Store, RA Sport & Souvenier, Toys Wonderland, Happy Toys, and Puppet Theater, just to name a few. To add variety to the mall’s tenant mix, two thematic streets, namely the Dongdaemun Street and Little Ximending Street are introduced. Attractive incentives such as free fit-out period and rentals are offered to tenants at thematic streets. We welcome potential
Check out one of our mural paintings by local artist, Crig Royanno Francis from Cracko Art Group
tenants and entrepreneurs to be part of our mall.
With a span of 900,000 sq. ft., the GM Mall unveils about 300,000 sq. ft. of food and beverage, fashion boutiques, services and entertainment
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Little Ximending Street
Dongdaemun Street
For sales & leasing
: +6 015-4876 1889
For customer service
: +6 015-4876 1898
Email address : grandmerdeka@gmail.com Developer Office Address Management Office Address
: No. 2-188, Second Floor (Level 3), Lorong Merdeka Perdana, Off Jalan Tuaran, 88450 Kota Kinabalu, Sabah, Malaysia : No. 2-187, Second Floor (Level 3), Lorong Merdeka Perdana, Off Jalan Tuaran, 88450 Kota Kinabalu, Sabah, Malaysia
GM Mall Website : www.grandmerdekamall.com GM Mall Facebook Page
: Grand Merdeka Mall
GM Mall email : info@grandmerdekamall.com
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contributor Contributor by YK Hwong
Just rent it out lah! Sometimes, some income is better than no income
I always have to remind myself that I need to
their property’s rentals. Today, many still price
used to go for RM2,400 to RM2,800 for a fully-
go to the gym, right before I put a juicy and
their rentals as if it were still three or four
furnished 1,000sf. Now, it’s going for about
delicious fried chicken in my mouth. Well,
years ago when the economy was booming
RM1,700 for a partly-furnished or RM2,200
you just can’t lose weight if you don’t have
and RENs had as many as six or seven
for a fully-furnished unit. I used to rent out
enough energy to workout, right? Right?
viewings in a day to close deals.
my Fairway Manson unit that only came with aircons and curtains for RM1,350. I don’t
People are generally stubborn and hold on
Well, newsflash. Landlords today need to
think I will be able to do that today because
to many old habits—landlords and RENs
wake up to the fact that the market is no
tenants now expect more and they bargain
included. By this, I’m talking about pricing
longer the same. Condos like Alam Damai
HARD.
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1. Expectation vs. Reality
curtains and aircons but without kitchen
and offered a nice view of the pool. It was
As a landlord, how many times have you
cabinets.
first listed at RM4,500 fully-furnished, but
Milo Ping Kosong - You get the full
compare it to other units there, most were
who can pay twenty to thirty percent more.”
flavour of chocolate drink with ice but
going for RM3k to maximum RM3.5k—that’s a
But let’s be real here, how many ‘jackpot’
without condensed milk. You offer
whopping 1k above the average. Six months
tenants can you find? Not too many, so stop
electrical fixtures, aircons and water
later, this same unit came down to RM3.8k,
expecting to land yourself a rich person with
heaters but no furniture.
and STILL there were no takers. As I stressed
thought to yourself, “I want an expat tenant
•
disposable income or an expat, because their
previously, tenants today will bargain and
numbers have declined tremendously since
The air kosong unit will not cut it in today’s
they will bargain hard because they know
the fall of the mighty oil and gas industry.
market. Period. No tenant will bat an eyelid
that good tenants are hard to come by these
Landlords should now focus on giving
for something that doesn’t even have light
days.
realistic rentals to potentially good tenants.
fixtures or fans or water heaters. Milo Ping
Price it 3k and above, and you are limiting
Kosong is the minimum if you are going to
4. I don’t need agents. I can rent it out
yourself to a very small pool of tenants who
rent it out as ‘unfurnished’.
myself
can actually afford it that choose not to buy
Despite the popularity of websites like
yet. If they can afford that kind of rent, they
3. Non-negotiable because my unit is SOOO
Speedrent where they cut out the middle-
can definitely afford to buy.
SPECIAL!
man—agents or RENs, it’s still very much a
“My unit is very well renovated, got this and
“who’s who” and “who you know” game for a
2. “Kosong” units
this and I spend XXX amount of dollars on
market like KK. The market here is too small
“Kosong” units are now passé (out of fashion).
this and this.” Some landlords today still
and unorganized for sites like Speedrent to
90% of tenants will not rent if you just offer
hold on to the old practise of ‘holding on’ to
work. As I mentioned before, good quality
them an empty unit even though you’ve
their asking rental because their unit is SOOO
tenants that pay rent on time and take good
priced it competitively. A kosong unit comes
SPECIAL! But it also takes these landlords
care of your property are not easy to find
in a few categories:
SOOO LONG to come to the realisation that
these days. With daily congestion, I think it’s
•
many renters today DOOON’T CARE how
not easy for landlords to arrange viewings, or
Air Kosong - No renovations done, and
special it is. Landlords, all they care about is
do their own renovations and draft their own
comes without kitchen cabinets or any
that it fits their budget, ok!
tenancy agreements. The right agency can
furniture and fittings. •
help you find the right tenant and will save
Maggi Kosong – You get the noodles
One example is a Bay21 condo unit that I
and seasoning but no ‘liao’. You only
found listed on Mudah for many months. This
offer basic things like light fixtures and
3-bedroom condo was renovated extensively
you a lot of trouble in the long run.
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contributor
5. Compromise on the amount of Deposit
property, you need to give them access to it.
of supply that will far exceed the demand.
Never, ever rent to people who cannot pay
I can’t stress enough about the many deals
Some condos that have just, or are about
you the standard 2 + 1 rental deposit! Even
that have been lost because of the owners’
to receive OCs are The Gardens (500 units),
though you’re desperate to rent out your
refusal to give agents the keys for them to do
Jesselton Residence (333 units), Ashton
property, don’t ever compromise on this. The
their viewings.
Tower (391 units), Jing Yuen (80 units), Jade
simple logic is, if the potential tenant can’t
Residence (135 units), Lido 4 Seasons (820
pay you the full deposit now, what makes you
One time, I was interested in viewing—and
remaining supply units) and Light Residence
think they can pay you the next month or the
possibly renting—a unit that had an amazing
(228 units). That’s a LOT of units in the market
months to follow?
view. But because I couldn’t meet the owner’s
for the next 12 months and I think it will take
timing and she insisted on being the only
at least three or four years to fill up.
6. Not giving agents the keys
one to hold the keys and had refused to pass
One of the most annoying things that
them to the agent for even an hour, I ended
Landlords, you’ve pretty much got your work
homeowners can do is that they get an
up renting another unit in the same building,
cut out for you. So, fight for your tenants!
agent to list their property but refuse to give
for the same price. Why? Because I was able
them the keys. It’s understandable if current
to view it!
tenants are still living there or you’re using the
Property Kid. Always learning, always investing.
property as temporary storage for expensive
7. Supply exceeds demand
equipment. However, if you need the help
Condos and apartments will have a tougher
and services of an agent for your vacant
time to rent out because of the sheer number
YK Hwong YK is a self-learned investor by every means necessary; back then, reading all about it from limited resources and attending every property related event and asking anyone who would spare their time with him. He now spares his own time inspiring others interested in starting and building their own investment journey. More info about him at www. propertykid.com
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contributor
Contributor ď‚„ by Dr Rafiq Idris
Exemptions of cabotage policy requires follow-up measures and policies YAB Prime Minister recently announced the exemptions of the Cabotage policy for Sabah, Sarawak and Labuan. Some stakeholders consider it an issue that is way overdue . However, the recent announcement indeed shows how concerned and responsive the Prime Minister is towards the demand of various stakeholders in Sabah.
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In my humble understanding, the exemption
analysts on the issue. This article is just my
ports in Malaysia for the delivery of goods.
is a further liberalisation of the cabotage
understating opinion and point of view, that
The cabotage policy prohibits the delivery of
policy in Malaysia. Here, I shall discuss and
is based on my own research.
Malaysian goods between ports in Malaysia
answer a few questions such as 1. Will the
using foreign flag vessels. In addition, the
further liberalisation have a significant
The cabotage policy is a transportation
delivery of goods between ports in Malaysia
impact on Sabah’s economic growth? 2. Will
policy for the shipment or sending of goods
shall use a ship registered in Malaysia. In
Sabahans enjoy the equal price of products
or passengers between places in Malaysia. In
2009, partial liberalisation of the cabotage
from Peninsular Malaysia? 3. Will the
the context of the recent exemption given to
policy was introduced where there was
cabotage policy exemption make the cost for
Sabah, Sarawak and the Federal Territory of
further relaxation on the existing rules. In
developing houses or buildings cheaper in
Labuan that was announced recently, it refers
this regard, many have gotten confused by
Sabah? I have a different perspective on this,
to the shipment of goods between ports.
saying that foreign vessels are not allowed to
therefore, I am tempted to respond to those crucial questions as to shed light to some misunderstanding of the said policy and to balance other arguments put forth by other
In this context, ‘cabotage’ is a maritime policy, which was introduced in 1980 to control the movement of ships between
go directly to Sapangar Port. This is wrong. Indeed, there have been many instances that foreign vessels berth directly at Sapangar Port. www.PropertyHunter.com.my
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contributor
On this regard, many felt that the
traffic, cargo consolidation talk or
the goods are delivered directly to the
cabotage policy causes goods in
negotiation need to be done with
state because it has a shorter distance
Sabah and Sarawak to be more
neighbouring ports. Moreover, the
and that the number of imported
expensive because the goods of other
subsidy for the delivery of goods from
goods is big. In my opinion, the price of
countries must be sent to Port Klang
Peninsular Malaysia is important to
goods from Peninsular Malaysia can be
or Tanjung Pelepas Port first. To my
further reduce the price gap between
the same or almost the same as Sabah
knowledge, foreign ships can actually
Sabah and Peninsular Malaysia.
and Sarawak only if there is a subsidy
berth directly and therefore send their
Without these additional policies
for the delivery of goods between the
goods to the port of Sapangar. In my
among others, I doubt there will be a
two places.
opinion, these foreign vessels choose
significant reduction of price in Sabah
to send directly to the main ports
and I doubt there will be a significant
In relation to this, will the cabotage
because imports of goods from Sabah
increase in cargo traffic in Sapangar
policy exemption make the cost
is low in terms of quantity and goods
Port, at least in a short run.
for developing houses or buildings cheaper than before in Sabah? In
being exported from Sabah is also low in terms of quantity, meaning that the
If many large foreign shipping
my humble opinion, there will be no
container vessels are not full or empty,
companies decide to have a route
significant reduction in the price of
thus increasing the cost of shipping to
change by directly going to Sabah, I
goods or raw materials coming from
Sabah.
believe there will be positive effects
abroad being used by developers/
on local entrepreneurs as the cost of
contractors at least in the short
But is it true that the overall prices
goods importation gets cheaper. This
run. Why? The exemption does not
of goods in Sabah are too expensive
lowers their production costs, thus
necessarily cause shipping liners from
due to cabotage? If we look at the
potentially increasing their profits.
abroad to berth directly at ports in
consumer price index and inflation
However, I think this effect can only
Sabah. There are other important
rate, the difference between Sabah
be materialised if the major shipping
factors that influence the decision of
and Malaysia as a whole is not that
companies such as from China, Japan,
foreign shipping vessels to berth at
big. However, there is no doubt that
Korea and Taiwan choose to go to
local ports, hence influencing cost for
certain sectors may be affected by
Sabah for the delivery of goods due to
developers/contractors. There are also
the cabotage policy in Sabah where
big volumes of cargo from Sabah and
other factors that cause prices in East
the price is higher. This requires a
this may only be realised in the long
Malaysia to differ from West Malaysia.
comprehensive study.
term.
If there is a subsidy for shipment of
In addition, will the further
Will Sabahans enjoy an equal price
products/raw materials can be lower
liberalisation have a significant impact
of products as Peninsular Malaysia?
than before.
on Sabah’s economic growth? In my
In the short run, I doubt there will be
opinion, it has the potential to make a
an immediate change in the price of
To sum up, the recent announcement
positive impact on economic growth in
goods coming from West Malaysia. I
by YAB Prime Minister has made many
Sabah if specific measures accompany
believe price may not necessarily be
people happy for being responsive to
it such as steps or additional policies
the same in different geographical
the demands of various stakeholders
to attract main shipping liners to berth
locations. How could the price of
in Sabah. I hope cargo traffic in Sabah
at Sapangar Port. Policies or follow-up
European goods be cheaper in Sabah
will be even busier from now on
measures are efforts to attract major
than in Peninsular Malaysia as the
and that there will be a follow-up of
shipping liners to stop at ports in
distance between Sabah and Europe
policies to support efforts towards
Sabah. This might be done by offering
is greater than the distance between
achieving the original objectives of
a stake to main shipping liners at our
peninsular Malaysia and Europe? In
liberalisation.
ports. In addition, to project Sabah
addition, the price of goods from China
as a transhipment hub where there
and Japan should be cheaper in Sabah
will be a significant increase in cargo
as compared to Peninsular Malaysia if
raw materials to Sabah, then only
Dr Rafiq Idris Dr Rafiq Idris is an Economist, Senior Lecturer from the Financial Economics Program, Faculty of Business, Economics and Accountancy at Universiti Malaysia Sabah. He is known for his research in international trade, development economics, health economics and expertise in Trans-Pacific Partnership Agreement (TPPA).
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hot topic
hot topic by PropertyHunter
From renter to homeowner: How to go through the transition successfully. Becoming a homeowner for the first time can be both exciting and stressful. But once the papers are signed and the keys are in your hand, that’s where your work really begins.
Most renters aspire to finance and own their
ideally receive returns on their investments at
truth is that sometimes buying a home can
own properties. After all, homeownership
resale.
lead to disaster, if not executed properly.
owning your very own home. Homeowners,
However, while this is true in most cases, it
Here are some key concepts you need to
unlike renters, have equity in their properties.
does not mean it’s the perfect solution for
consider if you want to make the transition
Homeowners also have the freedom to
everyone. There is a lot to think about—from
from renter to a homeowner as smooth as
upgrade their properties as they see fit, and
finances through to hiring lawyers—and the
possible.
offers plenty of perks and there is nothing like
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Before you buy
to make do for a while, it’s something you will
The best way to make a smooth transition
need to do—to save up a significant amount
starts before you buy the property. A proper
of money. While some improvements are
inspection can alert you to problems that
elective, such as bathroom remodels and
home, there is no relying on a landlord/
already exists with the property. New homes
upgraded floors, more critical issues that
management company (if it’s a strata
shouldn’t have many issues, but it’s always
threaten residents’ safety are not optional.
titled unit) to fix any problems that may
consider before you take the plunge. •
wise to get an inspection anyway to ensure
Maintenance. When you own your
arise. You will be responsible for any
that everything has been installed properly.
Understand the cost of home ownership
After inspection, the next step is to work on
There’s more to it than just the mortgage
your budget. It is advisable to come up with
payment, though. It is advisable to compare
a home maintenance plan and upkeep into
current rent payments with projected
This is a tax generated twice a year by
your monthly budget.
monthly homeownership fees. Add together
the local city council where the property
repairs and routine maintenance that your home needs. •
Property assessment fee (cukai pintu).
the principle, interest, taxes and insurance
is located. You are required to pay this to
It is, however, different if you’re buying
to roughly estimate your potential post-
the local authorities for their provision of
an existing property. New roofs, kitchen
purchase expenses.
overhauls and plumbing repairs can cost you thousands of ringgits. Unless you are happy
services to the residents. •
Here are some home ownership costs to
Quit rent (cukai tanah). This is a form of land tax collected by State Governments www.PropertyHunter.com.my
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hot topic
•
•
and is imposed on owners of freehold or
Check your credit score
leased land. The amount of quit rent you
If you are planning to buy a home in the near
need to pay varies from state to state.
future, it is never too late to pull your credit
Homeowner’s insurance. When you
report and start making positive changes to
have a mortgage, you are required to
increase your credit score. Your credit score
take out a house contents policy to cover
is a key factor in securing approval for a
any necessary repairs or even rebuilding
mortgage, and a higher credit score will get
costs after a disaster.
you the best mortgage rates available.
questions: •
Do I plan to stay in the same place for a long time?
•
Does buying a home match up with my career and lifestyle goals?
•
Am I prepared for the extra costs of home ownership, like maintenance and
Homeowner’s management fees.
insurance?
If you’re living in a condominium or
Think long term
townhouse, you may be required to pay
Buying a home is a huge commitment, and
a monthly homeowner’s management
not just financially. Renting a home is a short-
fee that covers shared community
term solution to housing that gives you the
If you answered YES to most of these
amenities. This fee varies annually
freedom to move around.
questions, then you may be ready to
depending on your management.
•
Is my credit score high enough to afford me a favourable interest rate?
transition from a renter to a homeowner! Becoming a home owner allows you less
Keep these costs in mind as you decide how
flexibility, so it is important to think long and
Research mortgage options
much you can afford to spend on a home.
hard about whether you are ready to commit
As customers, you have the opportunity to
to home ownership. Ask yourself the following
shop around for the best-fitting financing.
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Much like renters, it is advisable to calculate your budgets prior to searching for a new home. When you are serious about buying, you should consider getting your mortgage pre-approved
Compare mortgage rates based on loan type,
over popular, but boisterous neighbourhoods
location, purchase price, down payment and
that might deter future homebuyers.
credit history.
help save you both time and money. Buying a home is one of the largest and one
Completely open-concept spaces with
of the most important purchases of your life
Much like renters, it is advisable to calculate
no formal dining or living rooms may
so it is best to make sure you are doing it
your budgets prior to searching for a new
create social atmospheres for some, but
right.
home. When you are serious about buying,
may discourage homebuyers in the latter.
you should consider getting your mortgage
Regardless of trending layouts, many buyers
Although the commitment to owning a
pre-approved. Having a predetermined
still prefer designated areas for formal
home might seem scary at first, making the
budget before house hunting helps you
entertaining in their homes.
transition from renter to homeowner isn’t as
eliminate unpractical options, ultimately
difficult as it seems. In most cases, it will be
saving time, and minimizing emotions over
Find your dream home
worth it – but make those financial checks
out-of-reach properties.
Now, the fun part: finding the home of your
beforehand to ensure you can afford it.
dreams! In today’s market, it is important to Consider resale value
hire a real estate agent or negotiator to help
Tenants can live in trendy neighbourhoods
you along the process for many reasons.
without speculating on home value trends for
Hiring a professional who knows the market,
the future. On the other hand, buyers should
capable of negotiating and is willing to spend
opt for locations with appreciation history
time finding you the perfect home which will
Good luck!
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hot topic
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HOT TOPIC ď‚„ by Property Hunter
When is the best time to invest? (The truth)
There are many naysayers who point out that now is not a good time to invest in properties, while others, are saying that the right time to invest is when the market is on a downward spiral. Still, others are saying that we should be saving our money for a rainy day. So with all these different opinions, is there such a thing as the best time to purchase a property in Malaysia?
It has been almost half a year since the Fire Rooster strutted in with confidence on January 2017, replacing the unpredictable chatter of the Fire Monkey. Yet, we are still left with a series of apprehensive questions. When will the property market fair better this year? Will it continue to clack with confidence, just like a rooster? Will there be more prosperities and opportunities as the Fiery Rooster signifies boldness and assurance? Well, the truth is, the state of the housing market in Malaysia right now is in a conundrum. Malaysia has been facing many significant challenges both within the country and internationally including the decelerating economic growth rate, lower oil prices and falling value of the ringgit. A recent study on this shows that on the backdrop of all these critical issues, the domestic housing market has entered a sluggish phase.
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hot topic
Due to slowdown in sales, developers have
located in prime locations as some of the
If you are intending to buy new properties
become more adaptive to the market,
owners would be selling these properties to
instead, there is no better time to do it than
adjusting to the needs of the buyers in
pay off their businesses or cover investment
now. In the peak of the early 2010s, it was so
terms of product type, specifications and
losses.
tough to buy properties, even from property
neighbourhood facilities. If developers are not
developers. Some had to queue overnight
able to price their houses within the attractive
The Malaysian property market had started to
in their sleeping bags outside of developers’
or competitive range then they will lose out.
show signs of slowing down six months ago
offices in the hopes of buying the property of
Additionally, they lamented that sales are
after market speculators failed to get bank
their choice. Some even had to go through
significantly affected by the low approval
loans or buyers or tenants for their properties.
a balloting process just to buy a property
rates of bank loans following more rigorous
costing hundreds of thousands of ringgits.
regulations imposed by Bank Negara.
According to Khalil Adis, founder of Khalil Adis Consultancy Pte Ltd and Director of
The other plus point in buying new properties
Logically, now is the best period to consider
REI Mediaction Sdn Bhd, he observed that
now is that property developers would only
buying. However, there is still a possibility
there are still strong demands for affordable
be handing the property to you in 36 months
that this trend is just an intermediate short
properties but due to the lack of affordable
(strata-titled property) or 24 months (landed
cycle and the downward trend of prices are
homes, developers would have to think
property). Surely, the economy would recover
temporary. The property market may yet
outside the box and think of innovative
after this sluggish phenomenon and you will
rebound back up.
concepts to continue attracting buyers in a
be in for a handsome profit if you decide to
lull market.
sell.
analyst, Professor Hoo Ke Ping, Malaysia is
“Developers are offering zero to minimal
The bottom line is, the purchasing power
likely to be hit with a recession in 2018. The
cash down payment to lure home buyers, so
is still dependent on people’s disposable
2018 recession is expected to hit almost
you should take advantage of the available
income, a factor that in turn is dependent
all sectors, from banking to retail to real
opportunities. But before you jump onto the
on economic growth. It is important to buy
estate. During a recession, property prices
bandwagon, you must thoroughly do your
within your means. Khalil also encourages
are expected to drop. It would also be the
research first,” Khalil added.
young investors to look for the most
According to political and economic affairs
best time to look for commercial properties
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affordable property but with the greatest
“If you are looking to buy cheap properties or assets, isn’t this the right time to buy?
room for capital appreciation.
Of course, location always plays an important
really matter when you buy. Any good
role. Study the area where new economic
property is bound to appreciate over the
It is almost impossible to have things
drivers have been mooted as this will
course of 20 to 30 years. Whether you are
served on a silver platter every time. People
enhance the desirability of the area leading
buying property for personal or investment
want cheap assets, and they also want the
to job creation and demand for properties
use, the sooner you buy, the better. It all
economy to be good. Let’s be realistic, that
there. Study also where new infrastructure
depends on whether you can afford the
dynamic doesn’t exist. In an interview with
developments will be built such as highways,
property or not.
The Star, Datuk Joey Yap, founder of the
new train lines and so on. These will have a
Mastery Academy of Chinese Metaphysics
positive spillover impact on your property.
The next few years would be a great time
said: “If you are looking to buy cheap
If you are looking for short-term rental like
to purchase properties. Start the process
properties or assets, isn’t this the right time
Airbnb, make sure the property is located
now and stop putting off this very important
to buy? When the deals are attractive, it’s
near tourism hubs and that it is well
decision.
cheap if you are in for the long run; and when
maintained.
what was previously unavailable becomes available, you should buy.”
Look at things for the long-run, it doesn’t
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29
hot topic
HOT TOPIC by Property Hunter
Group investing Hunt in a pack like the lion instead of alone like the tiger.
With the increasing prices of property and
What’s so appealing about investing with
Group investing is when two or more people
other setbacks (such as the tight lending
other people, especially for those who
decide to buy a property together, and is
policies by banks) that have discouraged
want to take their first step into the world
much more common between married
many Sabahans from buying, many people
of property investing, is that it lessens one’s
couples. However, these days, there are more
have resorted to buying property in a group
financial burden that homeownership can
and more people sharing their mortgages
or as joint owners. Group investing is not
bring by sharing the costs with others in the
with siblings, friends, or even with strangers.
exactly a new thing in Malaysia, but it is
group. If you’ve always wanted to buy your very first
starting to gain popularity here in Sabah. People realise the tremendous benefits of
There are plenty of advantages of buying
property but do not have enough capital,
buying in numbers; some groups can own
property with friends and family, but it’s also
or you think that this could work for you,
from one to as many as ten properties at a
important to understand the problems that
you must first understand all the perks and
time.
could arise and their consequences.
pitfalls that come along with investing with
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others. Just like everything else, when more than
you might overlook right now could eventually
one person is involved, especially when it comes
snowball into a big problem in the future. Make sure
to something as big as buying a home, there are
you are very thorough.
bound to be some issues. One of the things to consider is in the case that your Find the right person/s to invest with
group decides to put in different deposits for your
What better way to start your investment journey
mortgage. You need to record who will contribute
than with people closest to you and whom you
what amount. If they’re not equal amounts, you will
trust. Approach close family and friends that are
need to work out the proportion of the value of the
also interested in buying property and make sure
property each deposit equates to and agree, should
that you have a solid plan and proposal for them.
the property be sold and how the proceeds should
Don’t just approach them blindly, expecting them
be split.
to be immediately convinced with the prospects of lower initial capital required to invest together.
Engage in a lawyer
Money is involved after all, and ventures pertaining
Once everyone agrees with the set terms within
to this could either make or break relationships.
the group, engage a lawyer to go through it. An experienced lawyer in this matter can help suggest
Have an honest and open discussion
ways of keeping all parties satisfied and will be able
When buying property with other people, it is
to point out some flaws in your agreement or other
imperative that you have a very open and clear
crucial things that you might have missed out.
discussion about what you all want to gain out of the venture, whose name/s will be on the
After a solid decision has been made by all
deed, how you’re going to divide the shares and
parties, the lawyer will then draw up a contract, a
responsibilities and what happens in the event
Declaration of Trust, which is highly recommended.
if one of you wants to sell off their shares. Don’t
The Declaration will establish in black and white the
forget to cover all basis, no matter how big or small.
contributions made by each party as mentioned
Something that seems small or unimportant that
previously. This Declaration is necessary in order to www.PropertyHunter.com.my
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hot topic
Remember that should there be any disputes, the outcome should be beneficial to all and that it will be easy to come to a compromise.
proceed with the venture safely.
shares or tenants-in-common, meaning
PROS
each person can decide what proportion
The main advantage of buying a property with
Something to consider is how you will split
each person will own. For example, if
others is that it reduces your financial burden.
the ownership and how many names will be
two people buy the property and one
Also, starting this way is a great way to gain
on the deed.
contributed more than the other, then
experience and knowledge into real estate.
you may decide on a split ownership
Not only do you benefit the returns together,
of 60:40. If your group decides to sell
but you also learn and grow together. When
off the property, then each person will
you invest with others, you will basically be
only receive the percentage which is
sharing the costs of:
•
Sole Name on Deed – If you decide that the property will only be under one person’s name, then technically the property ‘belongs’ to that person. However, some backend difficulties might arise if other people that have
•
proceeds.
been contributing to the property are
Remember that should there be any disputes,
not named on the deed.
the outcome should be beneficial to all and
Joint Names on Deed – If you decide to put more than two people’s names on the deed, then you have to decide if you will be joint tenants, meaning that the co-owners own the property in equal
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entitled to his or her share out of the sale
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that it will be easy to come to a compromise. It could mean just one person moving out but retaining ownership, or that all parties decide to sell. Whatever the circumstances, make sure all rights and obligations in the partnership are watertight.
• • • •
Your deposit Transaction costs Mortgage payments Maintenance and repairs
CONS
Just to summarise the points mentioned:
If one person defaults on payments, everyone is liable because all parties involved in the
•
planning to buy with and make sure they
transaction is responsible for the mortgage payments. It’s important that everyone is open and honest about any of the cash flow
•
•
disagreements. Make sure you get a very good lawyer
•
who is knowledgeable in this matter. You are all comfortable and satisfied
Investing in property is an investment that always increases in value, and as you have read, buying property with others can be very beneficial and can be a very good way of starting your investment journey. However, the pitfalls can be considerable if proper care is not taken to ensure that all parties are happy and agreements are solid. This requires open and honest communication and covers all basis.
trust and like you too. You are open and honest with each other about areas of possible issues, conflict or
problems that might impact your meeting the collective mortgage repayments every month.
Trust and like the people you are
with the terms of the sharing agreement. Just remember that in the end, you are creating an investment for your own future. When you’re all ready to sell the property, you may make enough money to invest in your very own property. Happy hunting! www.PropertyHunter.com.my
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featured EVENT
featured EVENT by Property Hunter
The finest luxury collections in the heart of Kuala Lumpur Located within the Golden Triangle, Wing Tai Asia introduced their exclusive collections, 3 masterpieces designed for the discerning by award-winning architects at a private event.
Wing Tai Holdings Limited is Singapore’s
dinner for an exclusive number of 30 invited
skyscrapers offer a stunning skyline view of
leading property developer and lifestyle
guests at Sabah Hotel on 20th April in
Kuala Lumpur city.
company. Wing Tai Malaysia Berhad is a
Sandakan and on 27th April in Pullman Miri
subsidiary of Wing Tai in Malaysia. Carving
Waterfront, Miri.
Le Nouvel KLCC, is the ideal luxury residence with 195 units across a 49-storey tower and
a niche for itself in Kuala Lumpur and Penang’s high-end property segment, Wing
With only 25 units on the Nobleton Crest
a 43-storey tower, connected by a pool deck
Tai Malaysia Berhad has developed premier
property, the gorgeous and gracious villas
on Level 7 and a Sky Bridge on Level 34. With
modern properties like Le Nouvel KLCC,
come complete with their own private lifts.
premium facilities, comparable to 5-star
Nobleton Crest, Verticas Residensi, and many
Each luxurious villa boasts lavish grounds
hotels, it is the epitome of luxury living in the
more.
and space for prestigious living with a choice
city.
of simplex and duplex apartments. Le Nouvel KLCC is located on Jalan Ampang,
The WingTai Asia team held a private property roadshow on 22nd and 23rd April
Comprising 3 low-rise blocks with 5 storeys,
opposite KLCC within a walking distance that
in Sabah Hotel, Sandakan and on the 29th
each unit measures from 3,500 sq ft to
is less than 3 minutes. As the most sought-
and 30th April in Pullman Miri Waterfront,
6,000 sq ft. Its generous open concept is
after address in the heart of Kuala Lumpur’s
Miri (Sarawak) to draw attention to avid
accentuated by 3-meter high ceilings, natural
business and lifestyle district, Le Nouvel KLCC
homebuyers and investors for their Nobleton
light and ventilation.
is close to high-end shopping centre, 5-star
Crest, Verticas Residensi and Le Nouvel KLCC projects. They were more than thrilled to see
hotels and corporate offices. Verticas Residensi, on the other hand, comprises of private suites and penthouses
The team offers a 5% discount on the units
exclusive event.
with 308 units of spacious 4 and 5 bedroom
together with free SPA, Loan Legal and Loan
apartments measuring from 1,427 sq ft to
Stamp Duty for interested buyers.
“La Nouvelle location is great and strategic,
4,452 sq ft.
the crowd’s participation and interest at the
price is reasonable and the building structure
For more information about exclusive With 3 towers standing at 43 storeys, Verticas
collection by Wingtai Asia, please contact Tom
visitor during the roadshow.
Residensi is an urban oasis that offers
or Franky on +6016-3900640 or +6012-7622186
unlimited opportunities for entertainment
or visit www.wingtaiproperty.com.my
The team also had an intimate and private
and high-end shopping. These spectacular
is very unique”, said Mr Chung, an interested
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35
featured EVENT
featured EVENT by Property Hunter
PH Expo Sandakan Riding the investment waves Investment is either a daring adventure, or nothing.
PH Expo Sandakan received notable
showcased at the expo. Condominiums
term investment, from as young as
response for its second annual tour
were the most searched for projects,
possible.
in Sandakan on 28th – 30th April. The
followed by terraced houses and
event saw 15 developers participating,
apartments.
garnered a reasonable response from
displaying 20 projects available in the
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“We’re grateful that the event has
East Malaysia and Peninsula markets for
Director of Maxx Media (S) Sdn Bhd, Mr.
investors despite such sluggish market
buyers to choose from.
Elson Kho believes that a poor property
conditions,” he said before adding that
market shouldn’t deter you from
their team is always trying to improve
The 3-day event attracted over 1,000
investing. With proper planning, anytime
and outdo themselves with every event.
people, with a majority of visitors
is a good time to invest in property and it
showing their interest in the mixture
is important to diversify our investment
of affordable and high-end projects
portfolio to include property as a long-
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featured EVENT by Property Hunter
PH Expo 2017 wraps up in Tawau Work hard in silence. Let your success be your noise.
The biggest property expo in East
Despite the sluggish market conditions,
the attention it needs with project
Malaysia, dubbed as PH Expo 2017 has
the public of Tawau has shown interest
developments taking place.
made Dewan Calvary, Tawau its final
in projects outside of Tawau, particularly
destination for this year’s tour.
in Kota Kinabalu and Kuala Lumpur.
“Our expo would not be successful without the support from participating
Approximately 900 people visited the
Tawau is not the most picturesque
developers. The PH Expo series will be
3-day event which started on Friday,
of places, despite its position beside
back next year with a more diverse range
May 5th and ended on Sunday, May 7, a
the Celebes Sea and proximity to the
of properties and a more interesting
slight decrease compared to last year’s
Semporna Archipelago, but today,
program”, said Elson Kho, one of the
PH Expo.
Sabah’s third largest State is getting
Directors of Maxx Media (S) Sdn Bhd.
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PROPERTY NEWS
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PROPERTY NEWS by Property Hunter
Pan-Borneo to create thousands of jobs When it’s time for a new job, the opportunity presents itself easily. With the progressive highway project, there will be a positive impact on the employment sector.
The Pan-Borneo Highway project will create
She also disclosed 1,865 employers had
thousands of employment opportunities,
registered in the Job Portal which was
especially at the peak of its construction.
consistently posting job vacancies.
Acting Resource Development and
Apart from that, she said, the Sabah
Information Technology Minister Datuk
Labour Department is also active in
Tawfiq Abu Bakar Titingan said the project
holding employment carnival programmes
is one the many initiatives taken by the
throughout the State by bringing in potential
government which will have a positive
employers to offer job opportunities in
impact on the employment sector.
various sectors, including in the peninsula.
“In 2012, the unemployment rate in Sabah is
“In 2016, 13 such programmes were
5.6 per cent but thanks to the efforts initiated
conducted and a total of 6,245 people
by the government, we managed to reduce it
received job placements through the
to 4.9 percent in 2014.
programmes,” she said.
“However, the numbers increased slightly
Another programme which had shown
to five percent in 2015 and this is perhaps
the positive result is the career roadshows
due to the decline experienced by certain
which are organised through an NBOS
industries like the oil and gas industry where
(National Blue Ocean Strategy) cooperation
many multinational companies involved
between employers, training providers and
in the supply chain were badly affected by
government agencies.
the falling oil price,” he said at the State Legislative Assembly sitting on Tuesday.
“In 2016, the districts involved in the roadshows were Kota Kinabalu, Kota Belud,
Earlier, to a question by Sebatik
Kudat, Kota Marudu, Ranau, Keningau and
assemblyman Datuk Abd Muis Picho,
Beaufort which managed to provide job
Assistant Resource Development and
placements for 2,770 job seekers.
Information Technology Minister Datuk Hamisa Samat said to date, 24,697 job
“This year, the career roadshows will be
seekers in the State had benefitted from the
continued in six big districts, namely Kota
Sabah Job Centre’s Job Portal.
Kinabalu, Keningau, Tawau, Semporna, Lahad Datu and Sandakan,” she said
“In 2016, 13 such programmes were conducted and a total of 6,245 people received job placements through the programmes”
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39
PROPERTY NEWS
PROPERTY NEWS by Property Hunter
World’s best consultants hired for Tanjung Aru project If change is the new constant, then, continous development holds the solution. A wave of new projects will benefit the State economically.
“How much more can the city take? I made a bold decision and froze all KK seafront land applications and even went to court to wrestle back those approved”
Chief Minister Datuk Seri Musa Aman is confident that the Tanjung Aru Eco Development (TAED) will benefit the State economically, socially and environmentally, when completed. During his inaugural KK Rotary Club lecture entitled “My Vision for Sabah” recently, he said that TAED is incomparable in terms of development. “TAED is a 348-hectare integrated beach front development located in Tanjung Aru. To create a sustainable development like no other in the region, it needs to be, not only economically viable but also socially and environmentally acceptable,” he said.
Benoy.com TAED master plan
“I engaged the best consultants in the world
“There is no other development comparable
“How much more can the city take? I made
so that TAED will set a high benchmark for
to TAED. The project is envisioned to be
a bold decision and froze all KK seafront
all future developments in Malaysia and
well-positioned to benefit the economy,
land applications and even went to court to
the region,” he said to applause from the
community and environment,” he added.
wrestle back those approved,” he said.
In terms of land reclamation along the Kota
Musa said he took the initiative a step further
400-strong audience at Shangrila Tg Aru Resort.
Kinabalu seafront, Musa recognised that the
when in 2015, the Legislative State Assembly
By specifically developing TAED with low-
issue has been a source of aggravation to
successfully passed a landmark bill to ban
impact residential, hotel and commercial
many, especially those in conservation.
land reclamation beyond the designated
properties, Musa said the State Government
boundary as a means of protecting coastal
will not only be able to raise the necessary
“To the dismay of many, previous
funds for construction, but also to finance
administrations granted approvals for
the maintenance of all public areas of the
reclamation for the purpose of commercial
development, including the new beach and
development from Likas Bay all the way to
park.
Tanjung Aru.
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lands along the Kota Kinabalu City Front.
PROPERTY NEWS by Property Hunter
Maya @ Likas set for promising completion of 30 months or less If you liked it then you should have place a booking on it. Whilst some developments suffer delays, this developer is delivering something extraordinary.
“Construction work started in April 2016 and we’ve got a proactive management and a team of creative people working on this development”
For Managing Director of Borneo Estate Development Sdn Bhd, Mr Ben Kong, property development means building something that is relevant to the present and the future. Despite battling many days of rainfall, the construction development is set to complete in August 2018. Launched on 18 February 2016, Maya@Likas (Tower Paradise Sdn Bhd) comprises three residential towers with a total of 483 units, with a built-up range from 910 to 1,562 sq ft.
An aerial view of the current progress of the construction site
“Construction work started in April 2016 and
Maya@Likas features a playhouse, treehouse
we’ve got a proactive management and
and lighthouse. The playhouse consists of three
a team of creative people working on this
modern teepee shelters by the pool while the
development”, said Kong.
treehouse is made of gapped wooden slat walls to serve as a quiet retreat for the residents. The
“We will try to deliver our best and aim to finish
lighthouse, the heart of the development, is an
the construction in 30 months or less”, he
elevated area between two residential towers
added.
with floor-to-ceiling windows and a deck, which
To ensure quality assurance and timely delivery,
boasts views of the city skyline.
China State Construction Engineering (M)
Kong added that the development is designed
Sdn Bhd, an international Fortune Global 500
to ensure privacy and a sense of community as
Company has been appointed as the main
he believes resident interaction will improve
contractor for Maya@Likas.
security and maintenance.
Current progress:Tower A: Level 7 Tower B: Level 5 Tower C: Level 3 For more information, please visit their website www.mayalikas.com or their Facebook Page. Alternatively, you can visit their office at Block B2, No. B2-3-01, Riverson @ Sembulan (Kota Kinabalu) or call them on +6 088 301 088.
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41
PROPERTY NEWS
PROPERTY NEWS by Daily Express
RM110 million resort for Tuaran Part of the upside in the real estate development business is having visions for new innovations and creations.
“Construction will begin as soon as the owner gives the ‘go ahead’. It is scheduled for completion 22 months from the commencement of the construction”
The beachscape at Pantai Dalit, Tuaran is set to change with the construction soon of a RM110 million boutique resort. The seven-storey building will have 152 hotel rooms with a total floor area of 25,000 square metres. Tekun Cemerlang Sdn Bhd, a property development company, is the developer of the project. VINCI Construction Grands Projects (VCGP), in charge of major infrastructures and building projects in Malaysia since the 1980s, has been awarded the contract for construction of the proposed boutique resort. It advocates sustainable development and has successfully completed the iconic Plaza Shell and Jesselton Residences in Kota Kinabalu.
Tuaran is set to change with the construction soon of a RM110 million boutique resort
“Construction will begin as soon as the
(SBA), said about 100 job opportunities will be
owner gives VCGP the ‘go ahead’. It is
created by the resort project.
scheduled for completion 22 months from the commencement of the construction,” he said.
“The rate of local employment will be in the region of 85pc,” he said, adding that VCGP
What is unique about the boutique resort,
shares its know-how and expertise, and
he added, is a 230m long linear structure
encourages innovations in the construction
Sabah Construction Fair 2017 (SCF2017).
with a Cantilever Sky Bar feature plus the
industry.
SCF2017 Organising Chairman Datuk Gerald
bare-faced concrete finish and vertical timber
Incidentally, VCGP, which has been active in
Goh said when completed, the facility would
louvres.
Kota Kinabalu since 2013, bagged the Best
This was disclosed at the close of the recent
offer yet another choice of a resort hotel for the increasing number of tourists visiting Sabah. Such development will further boost the State’s economy.
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architecture of the building express with its
Decorated Booth Award based on its product Given that VCGP is committed to promoting
presentation, creativity and the ability to
local talents by providing and facilitating
promote their company images.
local employment, Goh, who is the SecretaryGeneral of the Sabah Builders Association
PROPERTY NEWS by Property Hunter
TBMC to Lease Out All 60 Units in 9 Months After OC Yes sir, we’re one of a kind!
“The OC for T1 @ Bundusan is expected to be obtained in September”
T1 @ Bundusan Commercial Centre
Sabah’s property developer, TBMC
Managing Director, Matthew Tan took the
Property Hub (Sabah) Sdn Bhd have been
Development Sdn Bhd first launched this
opportunity to launch a “Developer Rental
appointed as TBMC’s exclusive marketing
project 3 years ago. With its completion on
Bearing Scheme” (DRBS) - the first of its kind
partner for the development.
the way, this development is set to change
in Kota Kinabalu - where prospective tenants
the aesthetic of Bundusan.
to the project would enjoy a 6 months rental
With the introduction of this scheme, the
subsidy borne by the developer.
TBMC team, along with the support from Property Hub’s agents, are confident that all
Boasting a concept like no other, T1 @ Bundusan comprises of 12 four-storey blocks
“In order to ensure the success of this
60 units will be leased out within 9 months
of commercial shop offices, 12 units of dual-
scheme, we have allocated RM250,000
from the date of obtaining the OC.
volume sky F&B outlets on Level 5, a 140
to subsidize up to 6 months of potential
room boutique hotel and a single-storey
tenants’ monthly rental”, said Matthew in
The OC for T1 @ Bundusan is expected to be
basement car park which sits comfortably
his thank you speech at TBMC’s Purchasers’
obtained in September.
on just a 1.94 acres piece of land along Jalan
Appreciation Night last night at T1 @
Bundusan.
Bundusan Commercial Centre.
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PROPERTY NEWS
PROPERTY NEWS ď‚„ by Property Hunter
Site visit to Aeropod, promising future for Tanjung Aru A game changer; the new heart beat of Kota Kinabalu!
Once completed, Aeropod will be home to a hotel, retail mall, retail offices, residential suites and corporate offices, as well as green parks
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The projects also include a provision for light rail transit (LRT) in the Kota Kinabalu metropolitan, to improve the already available rail station in Tanjung Aru.
The Aeropod project is S P Setia’s maiden
To date, retail mall Blocks C and D - the two
mixed development project in Kota Kinabalu.
blocks facing the main road - have been handed
Aeropod is the largest integrated linear city in
over to their buyers and the OC has also been
Kota Kinabalu spanning over 60-acre of land.
obtained for the said blocks.
The project embraces S P Setia’s development philosophy of LiveLearnWorkPlay and is
Block H and the SOVO units are expected to be
expected to be a tourist attraction because
handed over in June 2017 and OC is expected
of its connectivity as a railway hub and close
to be obtained 3 months after the handover
proximity to the international airport.
date. The group will also be bringing in AirAsia and MAS check-in kiosks and free bus shuttles
Once completed, Aeropod will be home to a
(to the airport and KK CBD area). The decision
hotel, retail mall, retail offices, residential suites
to incorporate such facilities is to create a more
and corporate offices, as well as green parks.
convenient lifestyle for the residents and tenants.
The projects also include a provision for light rail
The first residential tower is expected to launch
transit (LRT) in the Kota Kinabalu metropolitan,
in Q3 2017.
to improve the already available rail station in Tanjung Aru.
Aeropod site in Tanjung Aru
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45
PROPERTY NEWS
PROPERTY NEWS by Property Hunter
SHAREDA, MCCC to promote bilateral opportunities Great things are coming as investment opportunities have widen between Sabah and China.
“At the moment, we only have a grinding facility in Sepanggar but only 50 percent was utilised, there is still room for expansion. And a cement packaging facility in Lahad Datu”
The Sabah Housing and Real Estate Developers Association (SHAREDA) and Malaysia-China Chamber of Commerce (MCCC) Sabah branch will form a common platform to promote bilateral business opportunities between Sabah and China. Newly-minted SHAREDA president Chew Sang Hai said: “We want to woo investors from China to come to Sabah in the form of capital investment where we can work together to develop the property and real estate sector particularly in the high-value segment.” Chew and Liew (sixth left and right respectively) exchanging mementoes
“At the same time, we will also be working together with MCCC to promote the property
disclosed Chew. And according to SHAREDA
familiarisation trip to China to foster a closer
of Sabah to the China market,” said Chew
research, he said Sabah is lacking in cement
rapport with their counterpart over there.
during a courtesy call on MCCC Sabah
manufacturing facilities.
branch’s president Datuk Frankie Liew at their
According to Liew, it takes years to establish
office premises here yesterday.
“At the moment, we only have a grinding
trust and confidence if one want to develop
facility in Sepanggar but only 50 percent was
their business venture with China’s investors.
Besides that, he believes the China’s
utilised, there is still room for expansion. And
investors can also explore the opportunities
a cement packaging facility in Lahad Datu,”
“It is quite challenging to woo investors from
of investing in high-end hotel and
said Chew.
China as nowadays everybody is eyeing at
manufacturing sector.
their strong economic and financial standing. “At the moment we import the crinkle and
And since there is a high demand for building
grind it here before packaging. But these two
“We need to build a friendship with them to
material in the state especially cement in the
processes can be done locally if we set up the
gradually develop the trust. Of course, we
construction industry, Chew encouraged the
plants here as it will also help us to save cost
must have a proven track record,” said Liew.
government to get investors from China to
and create job opportunities for the locals,”
open cement manufacturing plant in Sabah.
he added.
Also present during the meeting were the
“The property and real estate sector need
Other than investments, Chew said SHAREDA
SHAREDA and MCCC.
about 1.5 million tonnes of cement per year,”
will ask MCCC to organise a business
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executive committee members of both
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47
PROPERTY NEWS
PROPERTY NEWS by Property Guru
Renting needs more supply of affordable homes Affordable housing, it’s a hot issue this year. It’s high demand.
“There is a social stigma… so we need to first overcome this problem”
Long-term rental is among the solutions proposed to address Malaysia’s limited supply of affordable homes. However, an expert revealed that this requires an adequate number of existing properties being leased at low prices. To establish a stable long-term rental market, there should be a sufficient inventory of genuinely low-cost flats, said Dr Suraya Ismail, a research director at Khazanah Research Institute who specialises in housing. Another requisite is for developers to build homes at a faster rate to ensure there is enough pipeline to meet to high demand and prevent rent from sharply rising. Long-term rental is among the solutions proposed to address Malaysia’s limited supply of affordable homes
Under the eleventh Malaysian Plan, the authorities estimate that the country requires a minimum of 130,000 affordable homes per year. However, developers only launched 60,000 flats on average per annum over the past five years. These companies also opt to build high-end properties due to their larger profit margins. Another requirement for a stable long-term rental market is rules and regulations that protect tenant’s rights and ensure that the rental rates are within the means of the masses. For instance, rental increases in Germany are limited to three percent per year
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and is based on inflation.
Furthermore, there should be a shift in the mindset of Malaysians, who are often
But even if rental prices are capped, lax
embarrassed when renting, said Kelana
enforcement remains a major issue in
Jaya’s MP Wong Chen.
Malaysia. One area that requires stringent implementation is the rental ceiling for a
“Culturally, Malaysians don’t have the
state’s PPR flats that are intended for poor
concept of renting. In Germany or Europe,
families.
there is no shame in renting. In fact, it is highly encouraged because, in most of the
Loopholes should also be plugged and the
European countries, the houses in the city
Malaysian Anti-Corruption Commission
centres are owned by the government,” he
(MACC) should act on politically-connected
explained.
individuals who are allowed by many lowcost flats for leasing purposes.
“There is a social stigma… so we need to first overcome this problem,” added Wong.
PROPERTY NEWS by Property Hunter
Artificial beach for Tanjung Aru gets rep’s support Life begins at the end of your comfort zones...
“Why can’t the Tanjung Aru Beach, which has lesser visitors, be developed into a world-class beach?”
Luyang assemblyman Hiew King Cheu brought up the issue on the Tanjung Aru Eco Development (TAED) project which had attracted a lot of heated arguments from some people. Hiew said he supported the project and it should go on without further review and waste of time. “I strongly feel that it is a good development project which is much needed in Kota Kinabalu, and this will definitely bring in lots of job opportunities, economic benefits, environmental upgrading and most importantly, it can transform the abandoned Tanjung Aru beach into a place where people would like to visit and enjoy,” he said during the debate in the State Assembly sitting. Hiew said some people had criticised the project by saying it would create a manmade artificial beach and would do away with the original natural beach. He said he did not agree because there were plenty of man-made beaches in the world and the nearest one is the beautiful and popular Likas Beach. “This beach wasn’t there before.”
The current Tanjung Aru beach
Hiew said he was involved in the building of
He said a man-made beach, like the Likas
the coastal highway linking Tanjung Lipat to
Beach, could be transformed into a beautiful
Yayasan Sabah in 1981.
place to be frequented by many people.
“When the sea walls were completed, the
“Why can’t the Tanjung Aru Beach, which has
sea sand brought in by the waves started
lesser visitors, be developed into a world-
accumulating along the sea walls. The sand
class beach?
became more and more, and today we see a long beach formed.
“We will be proud of the Tanjung Aru Beach in the future when it is transformed and fully
“Many people like to go there for picnics and
developed.
many government events are also held here. The yearly dragon boat race is also being
“Therefore the issue on the artificial beach
held there too. Why are these events not held
cannot be the reason to stop the TAED
at Tanjung Aru Beach?” he asked.
development project. It will be a pity to see a great project not become a reality,” he said.
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49
PROPERTY NEWS
PROPERTY NEWS by Borneo Post
Property market is expected to remain flattish in 2017 “Price is what you pay. Value is what you get”.
Catalytic projects are needed to spur growth and investment. Spearheading these will be the infrastructure improvements such as the Bus Rapid Transit (BRT), Pan Borneo Highway and the proposed Light Rail Transit (LRT).
Based on the current economic conditions, weak property market sentiment and influx of supply, experts are not anticipating a recovery in the immediate future. The property market is expected to remain flattish in 2017 due to multiple uncertainties. The residential sub-sector, which has been contributing the lion’s share of the local market influenced the overall performance. Further softening and consolidation of
The Edge Property Kota Kinabalu property market
the residential sector are expected with increasing supply and poorer take-up rates,
strategies such as financing packages are
cost of living. Despite a drop in domestic
particularly high-rise residential. The region
also offered by some of the major developers
consumer spending, we believe that the
will take the time to digest the existing
as a step to overcoming difficulties faced by
tourism sector in Sabah will pick up the pace
and incoming high-rise residential supply.
homebuyers in securing bank loans.
and contribute to stabilising retail spending.
Commercial office occupancy may see
Catalytic projects are needed to spur growth
some pressure towards the end of the
and investment. Spearheading these will be
year and early 2017 when we expect to see
the infrastructure improvements such as the
completions of a new purpose built offices
Bus Rapid Transit (BRT), Pan Borneo Highway
around the CBD fringes.
and the proposed Light Rail Transit (LRT).
As for retail sector, the incoming supply of
With the commencement of infrastructure
retail space will place some pressure on the
improvements, it is likely that there will
rental market. Shopping centres may also
be a fresh injection of interest and added
face new challenges due to a decrease in
development impetus in Kota Kinabalu.
However, we opined that prices of residential properties in good locations are expected to hold and there are also increasing demand for affordable homes because the market is dense with first-time homebuyers. Developers are keen to sell off their existing stock before starting new launches. In order to entice buyers in this current weak property sentiment, developers have offered multiple incentives such as the rebates and discounts, as well as bearing the legal fees for SPA and loans. Moreover, innovative marketing
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consumer spending as the increase in income is not proportionate to the increase in the
PROPERTY NEWS by Borneo Post
Sabah looks set to draw more China investors Never stop investing. Never stop improving. Never stop doing something new.
“Sabah can be a centre to reach out to the billions of population in Asia, especially in Asean.”
The current Malaysia-China relations is at
agriculture industries.
Maritime Silk Route Society played an
its best ever with increasing bilateral trade
important role to facilitate more investment
between both nations, said Malaysia-China
Liew said the entry of sizeable Chinese
projects. He added that MCCC Sabah branch
Chamber of Commerce (MCCC) Sabah
investments into Malaysia was a reflection of
would also provide more platforms and
branch president Datuk Frankie Liew.
their confidence in our country’s prospects.
opportunities for interaction and business
He also encouraged investors to explore the
matching.
Liew said a growing number of China firms
opportunities in Sabah.
had begun investing and acquiring major
Meanwhile, Chen said the club hoped to He said Sabah, with a population of about
introduce the prefabricated home concept
3 million and vast areas of land, offers a
in Sabah, particularly in the construction of
Sabah offers a good environment for tourism,
strategic geographical advantage and is three
seaside resorts.
healthcare, and retirement village business,
to five hours away from major cities in Asia.
assets in Malaysia.
he said in a welcoming dinner for a business
He said the delegation would be interested in
delegation led by The Global Business Club
“Sabah can be a centre to reach out to the
working with local entrepreneurs or applying
president Chen Yuhe on Friday, April 7.
billions of population in Asia, especially in
for land from the State Government in order
Asean.”
to build the prefabricated beach resorts on
In addition, he said the rich natural resources, sufficient rainfall, plenty of suns and
To this end, Liew said organisations such
fertile soil were also suitable for green and
as The Global Business Club and Sabah
a large scale. This will bring in more China tourists and spur the tourism industry in Sabah, Chen said.
Liew: Sabah can be a centre to reach out to the billions of population in Asia
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51
PROPERTY NEWS
PROPERTY NEWS by Bintulu Weekly
Cabotage policy scrapped! Your gateway to any destination in the world.... in due time.
The cabotage policy was enforced since 30 years ago in Sabah, Sarawak and Labuan and it functions to control goods shipped from the peninsula to Sabah and Sarawak.
Prime Minister Datuk Seri Najib Tun Razak has
than in Kuala Lumpur.
announced the abolishment of the cabotage policy for Sabah, Sarawak and Labuan starting from June
The cost of transporting container from Hong Kong to
1, 2017.
Port Kelang is about RM200. The same container, when shipped out of Port Klang to Kota Kinabalu is RM2,436
Najib said leaders from Sabah and Sarawak have been
– cost thousand times over.
continuously requesting for the policy to be reviewed as it is said to be the cause of high prices in both states.
Shipowners often giving unreasonable excuses for the huge markup – such as not enough container going
However, the policy would still be applicable to cargo
to Kota Kinabalu or out of Kota Kinabalu. It is a lame
shipping operations within Sabah, Sarawak and
excuse said Zainnal Ajamain.
Labuan. If Federal Government abolished the cabotage and Najib said this during the launching of the Ekpresi
allow ships from Hong Kong to stop over in Kota
NegaraKu programme at the Sandakan municipal field
Kinabalu before proceeding to Port Klang or elsewhere,
on Sunday, May 7.
the price of transporting the container can drop from whopping RM2436 to less than RM200. The huge saving
The cabotage policy was enforced since 30 years ago
will help reduce the price of goods sold in Sabah and
in Sabah, Sarawak and Labuan and it functions to
Sarawak substantially according to Zainnal.
control goods shipped from the peninsula to Sabah and Sarawak.
It also encourages foreign and local investors to invest in Sabah and Sarawak as the cost of transportation can
HOW CABOTAGE MAKES GOOD EXPENSIVE IN
be reduced substantially without the cabotage policy.
SABAH AND SARAWAK “Shipping one 40ft container from Sabah to Europe A double cheeseburger in New York will cost the same
cost approximately US700 and is more expensive than
in Los Angeles. Sabah and Malaya are within less than
exporting from Port Klang or Ports in China or Vietnam
1-hour time zone, yet the goods having huge price
to Europe,” said Sharon Tsang, President of Sabah
differences – about 20 to 30 percent more than in
Furniture Association, report Daily Express on May 13,
peninsula.
2010.
For example, the price of national dailies – Utusan
“The cost of shipping 40ft container from Sabah to Port
Malaysia, Berita Harian, The Star, New Strait Times is
Klang is RM1,000 (US$300) this is one of the reasons
about 50sen to RM1 more in Kuching or Kota Kinabalu
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foreign buyers view products manufactured in
In terms of transport connections, he
Sabah as very expensive.”
acknowledged, however, that Sabah should tap its strategic position within the Brunei, Indonesia,
WILL GOODS CHEAPER AFTER CABOTAGE? However, Transport Minister Datuk Seri Liow Tiong
Malaysia and the Philippines-East Asean Growth Area.
Lai said: “a World Bank study on national port
“Sea routes as those from South America and
strategy found that cabotage and shipping costs are
Australia to China particularly favours Sabah’s
not the main reasons for the higher price of goods
geostrategic location.
in Sabah”. “Sabah needs to unlock its potential to emerge as “According to the study, the high costs are a result of
a substantial player in the maritime and logistics
weak distribution channels, high handling charges,
sector,” he added.
and inefficient inland transportation,” Liow said.
On June 3, 2009 Government opened up Kuching, Bintulu and Kota Kinabalu ports to foreign ship for transhipment of containers from port Klang and Tanjung Pelepas
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53
PROPERTY NEWS
PROPERTY NEWS by Daily Express
Labuan bridge may start 2020 New developments, new beginnings.
For a start, it will increase the transit population of Labuan and boost the local economy and encourage development.
The long-debated bridge linking the island
ship,” he said and gave no indication of the
between Labuan and Menumbok. The
to Menumbok via Pulau Daat may become
project cost.
infrastructure will help the good fortune of
a reality after all – it is included in the
many sectors. For a start, it will increase the
new economic development blueprint for
Despite the challenges he is confident the
transit population of Labuan and boost the
Labuan to be launched by Prime Minister
bridge would become a reality “as it is the
local economy and encourage development
Datuk Seri Najib Tun Razak later this month.
answer to Labuan’s uncertain future and
as an education hub,” said Rozman.
hope of many”. However, the island’s residents may have to
He said the blueprint’s other mission is to try
wait till 2020 for the first phase of work on
He said the bridge would be a game-changer
to sustain or strengthen Labuan’s position as
the bridge to begin, according to Chairman of
for the economy of the Federal Territory
the regional logistic and gas hub.
Labuan Corporation-cum-MP Datuk Rozman
which had come under heavy criticism,
Isli.
including former Sabah Chief Minister Tan Sri
“We cannot stop other hubs developing in
Harris Salleh.
the region but we have our own strengths
Its completion would complement the
such as a deep harbour and duty free
billion-ringgit Pan Borneo Highway currently
Harris had complained that the Federal
status. With the right approach and if we put
under construction which would link all parts
Government did not live up to its promise to
the assets to greater use we could adjust
of Malaysian Borneo by road.
elevate Labuan following its federalisation
Labuan’s role in complementing other hubs.
in 1984 and said incumbent Sabah Chief Rozman said the bridge is a mega project,
Minister Datuk Seri Musa Aman would do
“Hence, the question of Labuan’s oil and gas
capital intensive with high market risk and
a better job of administering it if federal
hub status disappearing does not arise.” He
would need approval from Sabah as well.
decides to return it to Sabah.
said the blueprint also suggests the elevation
“We have to be patient. It is unlike buying a
“It (bridge) will not just be a physical link
of Labuan complements Putrajaya as an administrative centre.
“We cannot stop other hubs developing in the region but we have our own strengths such as a deep harbour and duty free status. With the right approach and if we put the assets to greater use we could adjust Labuan’s role in complementing other hubs,”
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Rozman said tourism has also not been left out of the
According to the soon-to-be-announced blueprint,
blueprint. It calls for a greater push for the industry.
there will be 22 key projects with 52 subcomponents
Limited connectivity meant the flow of goods and
– five quick wins (within one year) projects, 23 short-
services to and from the island is now mostly from
term (within three years) projects and 24 medium- to
Sabah.
long -term projects.
In the area of education, Labuan’s strategic location
Labuan was declared a federal territory in 1984.
should see branch campuses of the various public
In 1990, it was declared an international offshore
national universities to serve the East Asean Growth
financial centre
Area (BIMP-EAGA) region and Asean as a whole. The island also provides the only oil and gas supply base in Sabah and Sarawak. There are currently 200 oil and gas services companies operating on the island.
An artist’s impression of what the long-debated bridge would look like
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55
PROPERTY NEWS
PROPERTY NEWS by Borneo Post
Sabah will benefit from tourism tax revenue Travel and tourism industry, it’s just a huge part of our economy.
“We will divide the tax revenue by three and allocated them to Sabah, Sarawak and West Malaysia, not dividing it by 14 (states),”
On Wednesday, May 3, The Sabah Association of Tour and Travel Agents (Satta) welcomed Tourism and Culture Minister Datuk Seri Mohamed Nazri Abdul Aziz’s announcement that 70 percent of the revenue collected from tourism tax, which will be implemented on July 1, is to be divided equally between Sabah, Sarawak and Peninsular Malaysia. By doing so, Satta president Datuk Seri Winston Liaw said Sabah would benefit from more allocation to build and upgrade
Kiwi Collection Gayana Eco Resort
tourism infrastructure, as well as to carry out promotion and marketing activities.
less than nine percent of the funds.
Nazri has announced that 30 percent of
“But now we are getting a third of the 70
own money to promote Sabah overseas, as
percent revenue from tourism tax, which is
the state tourism agency claimed to lack the
23.33 per cent for Sabah.
budget to do so.
parts and allocated to Sabah, Sarawak and
“So I agree to this policy because it (tourism
Peninsular Malaysia respectively.
Hence, Liaw said more funds was needed to
tax) will bring immense benefit to Sabah,” he
promote and develop Sabah’s tourism.
the tourism tax revenue would be spent on upgrading tourism infrastructure, while the 70 percent would be divided into three equal
“We will divide the tax revenue by three
For the past 10 years, Liaw pointed out that the private sector has been forking out their
said in a press conference. “Without sufficient funds, how can the
and allocated them to Sabah, Sarawak and
Additionally, Liaw said the revenue collected
West Malaysia, not dividing it by 14 (states),”
government maintain and build new
from tourism tax could be used to build and
Nazri said in an event in Keningau recently,
infrastructure for Sabah to be more
improve basic infrastructure and for tourism
adding that this is because Sabah has vast
competitive internationally?”
promotion activities.
land area. Liaw said Sabah has 29,720 hotel
With revenue from the tourism tax, Liaw
rooms, which constituted less than nine per
He said there were many beautiful places and
believed that the government would have
cent of the 304,000 registered hotel rooms
beaches in Sabah, such as Kota Belud, but
funds to improve tourism facilities and
nationwide.
there was no road access.
promotional activities, thereby ensuring a
“If the tourism tax revenue is allocated based
“If there is no road access, who will invest in
on the number of rooms, Sabah will only get
building villas and resorts?”
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better future for the industry.
PROPERTY NEWS by Property Hunter
History of Kota Kinabalu at a crossroad Can’t touch this! Can’t move it!
“Not only does it destroy the existing heritage building and its site in relation to the other adjacent heritage site (Padang Merdeka), it is also destroying the critical historical reference location point (with the Atkinson Clock Tower being the main point)”
A historic clock tower, the oldest standing
Clock Tower being the main point)”, he
structure in the city, is once again at
exclaimed.
the centre of a controversy and may be relocated after approval was allegedly
“Are they also going to relocate Padang
given to build an 18-storey hotel and
Merdeka to their new site too?” he
shopping mall next to it, however there is
expresses, adding that it is absurd to
no confirmation on this yet.
split up the two historical sites to suit some money making development at
Luyang assemblyman Hiew King Chew said
the expenses of not just Sabahans &
City Hall was thinking about moving the
Malaysians but to the whole world.
112-year-old Atkinson Clock Tower from its present location, a hill adjacent to Padang
The development project was shelved
Merdeka here, although a new site has not
six years ago amid public protests and
been finalised.
court action.
“I think this is a good idea as the present site
Activists and history buffs here have
is unsuitable,” he said, adding that the clock
expressed their disappointment after
tower has already been dwarfed by other
learning that City Hall had given the
buildings around it as the downtown area
green light for it to be revived.
has grown over the years.
The proposed project could significantly
In response to that, architect Datuk Ho Jia
affect the value of the clock tower as a
Lit expressed his disagreement, stating that
heritage structure and tourist attraction.
moving the clock tower is the worst option ever.
The 15.2m tower was built in 1905 by Briton
“Not only does it destroy the existing heritage
Francis George, who died of malaria while
building and its site in relation to the other
serving in the colonial government
adjacent heritage site (Padang Merdeka), it is also destroying the critical historical reference location point (with the Atkinson
Atkinson Clock Tower, Kota Kinabalu
Mary Edith Atkinson in memory of her son
The Atkinson Clock Tower is among the very few wooden clock towers left in the world. Chairman (2017/2018).
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57
PROPERTY NEWS
PROPERTY NEWS by The Star Online
Minister: Make Sepanggar a regional transshipment hub Beware of little expenses. A small leak will sink a great ship.
“The long-term solution is for Sepanggar to be made a regional transhipment hub with a constant flow of cargo,”
Sabah will fully benefit from the
“With the full exemption, foreign ships
cabotage exemption policy if the
can now bring in cargo from another
Sepanggar port near Kota Kinabalu is
country to Sepanggar or any port in Sabah,
made into a regional trans-shipment
Sarawak or Labuan.
hub, state Special Tasks Minister Datuk Teo Chee Kang said.
“From Sepanggar, these foreign vessels can load up cargo for shipment to another
Teo said there was already a partial
domestic destination such as Kuching or
exemption of the policy for Sabah,
Port Klang unhindered,” he said.
Sarawak and Labuan. Teo said the move would lead to local “Foreign ships could bring in cargo directly
shipping companies facing competition
to ports in both states and the Federal
from their foreign counterparts, and
Territory.
translating into more competitive shipping rates within the country.
Sepanggar Port, Oil and Naval Base
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However, Teo pointed out that there was
Teo said shipping companies would then
less cargo from Sabah to be shipped to
be willing to lower their rates.
other domestic destinations. Kota Kinabalu Chinese Chamber of “So it’s difficult for operators of foreign
Commerce chairman Datuk Michael Lui in
vessels to lower shipping costs.
welcoming the exemption said there was a need to see how it would be implemented.
“The long-term solution is for Sepanggar to be made a regional transhipment hub with a constant flow of cargo,” he said.
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59
PROPERTY NEWS
PROPERTY NEWS by Property Hunter
Official Launch of BDC Industrial Centre, Putatan Start your investment journey today!
“The new industrial centre is an initiative to boost the state’s economic growth”
Motion Pulse Production
From left: BDC Deputy Chairman, Datuk Filik Bin Madan, BDC Chairman, YB Senator Datuk Hj. Kadzim M. Yahya, Deputy Chief Minister, YB Datuk Seri Panglima Haji Yahya Hussin, Member of Parliament for Putatan, Datuk Dr Marcus Mojigoh and General Manager of BDC, Ms Dorothy Majalang
Government-linked companies (GLCs) in
Yahya Hussin at the opening of the Borneo
the objectives of the state government. He
Sabah should continue to adopt a system
Development Corporation (BDC) Industrial
said the project was one of many initiatives
of good governance in generating business
Center in Putatan on Tuesday, May 16.
taken by the government which will have a
and investment to further develop their organisation.
positive impact on the employment sector, BDC Industrial Centre comprises 27 units
especially at the peak of its construction.
of light industrial shops located on a 5.65 Sabah Chief Minister Datuk Seri Musa Aman
acres land in Putatan. The development has
He added that the new industrial centre
said the principles of good governance is key
connectivity to Jalan Putatan, is only five
is also an initiative to boost the state’s
to ensuring the success of an organisation.
minutes to Putatan Town and 20 minutes to
economic growth.
the city centre. “Without transparency, accountability
The development has started and is expected
and financial management in order, the
Musa who is also Finance Minister said
to be completed soon, said BDC Chairman,
organisation would be problematic and thus
BDC plays a key role not only in real estate
Senator Datuk Kadzim M. Yahya.
pave the way to failure,” he said in his speech
development but also in the field of financial
read by Deputy Chief Minister Datuk Seri
services and investment, which is in line with
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61
PROPERTY NEWS
PROPERTY NEWS by Property Hunter
Borneo’s premier outdoor show expects 10,000 turn ups Driving big cars, spending twenties and tens.
“These objectives are firmly structured under 4 fundamental principles as pillars. These 4 pillars are Society, Nature, Enterprise and Fun”
The biggest and most anticipated Borneo
“These objectives are firmly structured under
The showground is at DBKK’s car park, area
4WD and Outdoor Show (BFOS 2017)
4 fundamental principles as pillars. These
along Jalan Tugu and Jalan Bandaran corner
returns to the Kota Kinabalu showgrounds
4 pillars are Society, Nature, Enterprise and
fronting Jalan Kota Kinabalu bypass from
for its 3rd edition beginning from June 3rd
Fun”, he added.
10am to 9pm. Held over the weekend, there
to 4th this year!
will be a high volume of tourist and general BFOS’s mission is to promote 4WD
public visitors to BFOS from the Gaya Street
Organised by the Sabah Land Rover Club
adventures and ecotourism in Sabah,
Market on Sunday.
(SLRC), in collaboration with PEMADAM
Malaysia. BFOS is as one stop avenue for
and supported by Dewan Bandaraya Kota
the outdoor / 4wd enthusiast to promote
“We expect at least 10,000 visitors both local
Kinabalu (DBKK) and Sabah Tourism Board
outdoor activities and their products,
and tourists to visit our showground over that
(STB).
destinations, camping gears, 4x4 clubs and
weekend”, said Henry.
accessories which in turn will generate and The collaboration between SLRC, PEMADAM,
boost the demand for 4WD vehicles and
DBKK and STB is a strategic long term
accessories and ultimately will create a
partnership with a common goal, to promote
positive impact on our tourism industry.
Sabah as a premier nature and adventure tourism destination by creating a signature
In addition to the upcoming BFOS event in
event as part of Sabah Tourism’s annual
June, SLRC has also planned to hold another
calendar of events.
signature event in December; The Sabah Land Rover Jamboree/Festival. One of the
Speaking at the press conference in the DBKK
club’s core value is to organise events and
office on Monday, May 8, BFOS Organizing
promote sustainable adventure tourism for
Chairman and SLRC Club President, Datuk
the state of Sabah.
Henry Hing said: “SLRC was formed and officially registered on September 8th, 2016
The Borneo 4WD and Outdoor Show will
with 5 objectives in hand”.
be held on the 3rd and 4th of June 2017.
62
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Aznan Johary
Aznan Johary
Aznan Johary
Aznan Johary Press conference with Datuk Mayor, some members of the SLRC and sponsors for the BFOS event
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63
PROPERTY NEWS
PROPERTY NEWS by Property Hunter
Pan Borneo to skip Brunei to avoid passport checks “When you arrive at a fork in the road, take it”.
He said feedback from the grassroots indicated a preference for a road connecting Miri and Limbang via Marudi to prevent motorists from Sabah or Sarawak from having to travel through Brunei Darussalam.
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The federal government is considering
Najib had announced in December last
having the Sarawak portion of the Pan
year the establishment of a joint technical
Borneo Highway skip Brunei Darussalam
committee with Brunei Darussalam to
to avoid the hassle of numerous passport
eliminate bureaucracy at these borders by
checks for motorists, said Works Minister
looking into the possibility of travel without
Datuk Seri Fadillah Yusof.
passport checks.
He said feedback from the grassroots
Najib had been quoted as saying that
indicated a preference for a road connecting
Malaysians in Sabah and Sarawak, as well
Miri and Limbang via Marudi to prevent
as Brunei citizens, had to pass through eight
motorists from Sabah or Sarawak from
Customs, Immigration and Quarantine (CIQ)
having to travel through Brunei Darussalam.
checkpoints if they drove one way from Sarawak through Brunei Darussalam to
“Among the proposals is the upgrading of
Sabah.
roads built under the Jiwa Murni project in Marudi,” he said at a dinner organised by
By commuting to and fro, a motorist would
leaders of Parti Pesaka Bumiputera Bersatu
have his or her passport stamped 16 times,
(PBB) here Saturday night.
he had said.
Fadillah said this would do away with the
This situation is unavoidable because a
hassle of having to go through immigration at
part of Sarawak is wedged between Brunei
the borders with Brunei Darussalam.
Darussalam.
He also said that the proposal was
Meanwhile, on another matter, Fadillah
among the options to be considered if
said PBB Youth which he heads had been
discussions relating to immigration at Brunei
mobilised to get feedback from youths
Darussalam’s borders with Sabah and
in the state for inclusion in the National
Sarawak remained unresolved.
Transformation 2050 (TN50) plan.
Fadillah said he would raise the matter with Prime Minister Datuk Seri Najib Tun Razak.
Pan Borneo Highway route plan
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65
PROPERTY NEWS
PROPERTY NEWS by Property Hunter
Call for more affordable homes with revised CCC Capital Contribution Calculation Revised to Developers’ Benefit
“We hope that with this new calculation, it’ll help both SESB and SHAREDA (along with other developers) to develop Sabah further”
The new Capital Contribution Calculation (CCC) objective is to improve the transparency of connection charges and enhance the ease of implementation of the charges. The new CCC will be in a form of fixed rate with the use of a per-kW unit rate as the basis of the CCC charge means that customers will only pay for the amount of load they have applied for which will enhance the predictability of the CCC. A review of the contribution rate of charge will certainly have a positive impact on all parties, particularly the industry players and it’ll also help boost the construction sector throughout the State of Sabah. In giving his opening speech at the afternoon talk in Wisma SESB, SHAREDA President, Mr Chew Sang Hai said that he was given the opportunity to study the CCC 16 years ago. “I’m glad that the announcement of the revised CCC is aptly presented on my SHAREDA Presidential appointment. This is indeed a great news for all the SHAREDA members and industry players”, he said. When asked about the reduced of property prices, Chew said that a house price is determined by the demand and supply.
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From left: SESB Chief Engineer, Ir. Retty Felicia Simok, SESB Chief Utility Tariff and Economics, Ir. Magdalene Chu, SESB Senior General Manager (Asset Manager), Ir. Mohd Yaakob bin Jaafar, SHAREDA President, Mr Chew Sang Hai, SHAREDA Deputy President, Datuk Sr. Chua Soon Ping and SHAREDA Vice President (1), Mr Chai Meng Kong
The revised CCC will, however, benefit the
on property developers in Sabah and Labuan
affordable properties more than it would for
as of 1st April 2017.
the high-end properties. Also present were the SESB Senior General The afternoon talk session was jointly
Manager (Asset Manager), Ir. Mohd Yaakob
organised by SESB and SHAREDA at Wisma
bin Jaafar, SESB Chief Engineer, Ir. Retty
SESB on Monday, May 16.
Felicia Simok, SESB Chief Utility Tariff and Economics, Ir. Magdalene Chu, SHAREDA
SESB is always in discussion with the
Deputy President, Datuk Sr. Chua Soon Ping
Government to improve the procedure of CCC
and SHAREDA Vice President (1), Mr Chai
to existing users, therefore, the Government
Meng Kong, representatives of the property
has agreed to approve the proposed revision
developers, consultants and interested
of the rate of contribution charges imposed
parties.
PROPERTY NEWS by Borneo Post
Introduction of modular housing no bearing on property prices Your home will be a true reflection of you.
“Conventional houses, however, will slow down when construction labour market is tight and when salary is high”
The introduction of the modular housing to
HTA Design LLP
Sarawak will not affect the property prices in general. According to Sarawak Housing and Real Estate Developer Association (Sheda) Kuching branch advisor Sim Kiang Chiok, the introduction of the modular housing into the state was mainly for the purpose of building a large number of affordable houses. “The cost of modular housing is based on factory, fabrication, machinery and transportation cost. The more the volume or units of houses, the more cost-effective or
An example of a low rise modular housing. (Photo used for illustration purposes only)
cheaper it will be.
“Conventional houses are still widely
still trusted that conventional houses would
accepted and desired as our basic housing
last longer and hold their value better, thus
assembly of components,” said Sim.
needs. Developers will still be building
more desirable by those who could afford
conventional houses for the high and
them.
He said modular housing would be adopted
medium-income market.
“The only labour needed on the site is piling works, casting of ground floor slab and
by the government or government-linked
In general, he said the price of houses is “Most contractors in the state still prefer
based on many factors including land,
conventional method because unlike
compliance, infrastructure, utilities and
built with the conventional method.
modular housing developers depend heavily
building cost.
He said that prices of houses built by using
contractors depend on several suppliers
“The cost of modular houses mainly depends
modular method would save on time but
of building materials and several
on the economy of scale – the more the
not necessary cost. Comparatively, the
subcontractors which reduce the risk of non-
cheaper. Presently, most prices quoted by
conventional method involved building at
performance.”
modular house producers in the market are
companies to build affordable houses but high and medium-cost houses would still be
the site and thus required more time, labour, machinery and coordination of construction works.
on one or two factories. Conventional
about the same as conventional houses, He believed that modular housing would not
or sometimes even higher due to the small
replace conventional houses as the market
number of units ordered,” said Sim.
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67
PROPERTY NEWS
PROPERTY NEWS by Borneo Post
Pan Borneo, Baleh dam catalytic to CMS’ earnings growth Change is inevitable. Growth is optional.
“We are expecting that the two key divisions will support earnings from the periods of the first quarter of the financial year 2018 (1QFY18) to 3QFY20 due to billings recognition from Pan Borneo and Baleh Dam”
Cahya Mata Sarawak Bhd’s (CMS) construction materials and cement divisions are expected to continue driving the group in the near to long term future, underpinned by an expected increase in demand for materials for the development Pan Borneo Highway and Baleh Dam. Following a visit to CMS, the research arm of MIDF Amanah Investment Bank Bhd (MIDF Research) pointed out that the Pan Borneo project is expected to increase the demand for crushed stone aggregates such as microtonalities and limestones. In addition, CMS’s cement division is also expected to see further earnings growth as Baleh Dam in Kapit is set to start its construction in June 2018.
CMS construction materials and cement divisions are expected to continue driving the group in the near to long term future
The dam is an 188 metres high concrete rock
The research team further explained that for
account for 90.9 percent of CMS’ quarry
fill dam which could require circa 500 million
the past eight years, construction materials’
reserves coupled with the progress rate of
cubic meters of concrete or 1.2 million tonnes
segment has contributed 30 percent of CMS’
Sarawak’s portion of Pan Borneo highway
of concrete minimally, the research team
revenue.
(881km) which we estimate to be within three to four per cent range,” it said.
estimated. “We are expecting that the construction “We are expecting that the two key divisions
materials revenue will maintain its growth
CMS is expected to start the second
will support earnings from the periods
trajectory and meet our revenue estimates
production line of Sibanyis quarry by the
of the first quarter of the financial year
for FYE17 and FYE18.
end of June 2018 to meet the demand especially for the central and northern region
2018 (1QFY18) to 3QFY20 due to billings recognition from Pan Borneo and Baleh
“Our conviction is premised by Sibanyis
of Pan Borneo’s packages with a production
Dam,” it opined.
quarry’s reserves of 63 metric tonnes which
capacity of 1.3 metric tonnes annually.
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PROPERTY NEWS by Property Hunter
No AirBNB at Jesselton Residences There is no place like home.
“Homeowners are not allowed to use their units as a hostel, office, SOHO, workers’ quarters, Airbnb, motel, hotel or homestay”
Whilst most people are turning into Airbnb as a form of making passive income, it is known that not all residential developments adopt such short-term rental services. And Jesselton Residences is one of them. As stipulated in the House Rules of Jesselton Residences under Clause 2.1 Use of Housing Units and Common Areas, homeowners are not allowed to use their units as a hostel, office, SOHO, workers’ quarters, Airbnb, motel, hotel, homestay or any means of housing to a group of people without the prior written consent of the Management. Set along the water edge in Kota Kinabalu, Jesselton Residences will be the tallest building in the city with a haven of intimate lifestyle, breathtaking panoramic views of the islands and sea. The waterfront mixed development consists of 333 condominium units and three levels of a high-end premium mall with 123 boutique retails lots in total. Leasing for the malls has begun, with several leading international food and beverage outlets confirmed to open there. For more information, please visit their website at http://www.jesseltonresidences.com
Jesselton Residences development
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69
DATABANK
Property databank Compiled year-on-year property prices, transactions and growth in Sabah
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
273
1
256
13
274
15
2010
0
0
0
0
344
1
351
3
347
4
277
13
0.6
286
15
3.1
274
16
(4.2)
278
60
-
2011
368
19
-
359
36
(2.3)
385
19
7.1
386
28
0.4
375
102
-
2012
294
8
7.2
291
13
(1.0)
323
8
11.3
304
12
(5.9)
303
41
9.0
2012
404
21
4.5
418
15
3.5
429
13
2.7
432
10
0.6
421
59
12.4 15.0
Y-O-Y growth (%)
Ave. psf
Vol. of transaction
Y-O-Y growth (%)
Vol. of transaction
Ave. psf
Vol. of transaction
Y-O-Y growth (%)
Vol. of transaction
Year
0
-
Ave. psf
Y-O-Y growth (%)
283
16
Ave. psf
Vol. of transaction
1
276
Y-O-Y growth (%)
Ave. psf
Yearly
Y-O-Y growth (%)
Q4 (OCT-DEC)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Q2 (APR-JUN)
283
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
2011
Ave. psf
Vol. of transaction
Yearly
2010
Y-O-Y growth (%)
Vol. of transaction
Alam Damai Condominium Q4 (OCT-DEC)
Ave. psf
Q3 (JUL-SEP)
Year
Q2 (APR-JUN)
Vol. of transaction
1Borneo Tower A & B Q1 (JAN-MAC)
2013
258
8
(15.4)
345
5
33.9
344
8
(0.4)
356
15
3.5
325
36
7.4
2013
495
2
14.7
477
5
(3.7)
430
4
(9.9)
533
8
24.0
484
19
2014
329
4
(7.4)
327
11
(0.6)
386
10
18.0
361
8
(6.5)
351
33
7.9
2014
594
1
11.4
477
3
(19.7)
477
0
-
553
7
15.8
525
11
8.6
2015
417
5
15.5
350
2
(16.1)
350
0
-
350
0
-
367
7
4.5
2015
573
5
3.7
481
2
(16.1)
453
2
(5.8)
453
0
-
490
9
(6.7)
2016
367
0
4.8
420
2
14.6
420
0
-
420
0
-
407
2
11.0
2016
490
0
8.1
490
0
-
620
4
26.5
620
0
-
555
4
13.2
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Y-O-Y growth (%)
0
0
0
270
3
288
2
279
5
2010
0
0
0
0
0
0
127
2
127
2
4
-
242
2
(5.1)
262
5
8.0
289
3
10.4
262
14
-
2011
127
0
-
127
0
-
121
1
(4.8)
121
0
-
124
1
-
2012
263
5
(9.1)
319
6
21.4
324
3
1.7
349
2
7.6
314
16
19.7
2012
160
1
32.0
143
2
(11.0)
143
0
-
143
0
-
147
3
18.2
Ave. psf
Year
0 255
Ave. psf
2010 2011
Year
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Bambangan Apartment
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
Api-Api Centre Q1 (JAN-MAC)
2013
362
2
3.9
384
4
6.0
320
4
(16.6)
354
7
10.5
355
17
13.2
2013
147
0
3.1
147
0
-
147
1
-
147
0
-
147
1
-
2014
489
2
38.3
322
1
(34.1)
426
3
32.4
391
2
(8.3)
407
8
14.7
2014
147
0
-
188
1
27.6
194
2
3.6
158
1
(18.8)
172
4
16.7
2015
413
2
5.6
471
3
14.0
497
2
5.7
497
0
-
470
7
15.3
2015
146
1
(7.7)
146
0
-
172
1
17.8
172
0
-
159
2
(7.6)
2016
470
0
(5.6)
470
0
-
435
2
(7.3)
435
0
-
452
2
(3.6)
2016
159
0
(7.6)
159
0
-
178
1
12.5
133
1
(25.2)
157
2
(0.8)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Y-O-Y growth (%)
0
0
0
0
0
0
0
0
0
2010
0
0
0
0
0
0
0
0
0
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2011
398
2
-
466
1
17.1
351
1
(24.6)
460
2
30.9
419
6
-
2012
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2012
524
1
14.0
482
2
(8.0)
482
0
-
482
0
-
493
3
17.7 (2.9)
Ave. psf
Year
0 0
Ave. psf
2010 2011
Year
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
BAYSHORE CONDOMINIUM Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
Bay21 Condominium Q1 (JAN-MAC)
2013
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2013
437
1
(9.4)
437
0
-
539
1
23.3
500
1
(7.1)
478
3
2014
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2014
503
2
0.6
489
1
(2.7)
489
0
-
489
0
-
493
3
3.1
2015
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2015
551
3
12.6
551
0
-
551
0
-
551
0
-
551
3
11.8
2016
0
0
-
0
0
-
860
1
-
860
0
-
860
1
-
2016
551
0
-
551
0
-
551
0
-
551
0
-
551
0
-
The information contained herein has been compiled by Laurelcap (Sabah) Sdn Bhd. The accuracy and completeness of such information, however is not guaranteed or warranted and no responsibility or liability will be accepted by the publisher for any loss or damage, howsoever arising, which results from an action or reliance in whole or in part on such information. The information herein are subject to change. The recipient should not treat the contents herein as advice relating to legal, taxation or investment matters. Any person or party interest on the information and/or property stated herein is advised to make their own independent investigations and verification of such information and any other information such persons or parties may consider to be relevant or appropriate in the circumstances and/or to seek independent professional advise.
70
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Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Y-O-Y growth (%)
0
0
0
0
0
0
0
0
0
2010
190
1
190
0
190
0
190
0
190
1
1
-
158
1
(24.7)
171
4
8.4
105
1
(38.7)
161
7
-
2011
219
3
-
247
1
12.9
215
4
(13.1)
224
6
4.5
226
14
-
2012
223
2
112.8
269
1
20.5
239
4
(11.0)
181
3
(24.2)
228
10
41.8
2012
230
7
2.6
251
4
9.2
251
6
(0.3)
254
5
1.3
247
22
8.9 16.4
Ave. psf
Year
0 210
Ave. psf
2010 2011
Year
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Beverly Hills Phase 2 Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
Beverly Hills Phase 1 Q1 (JAN-MAC)
2013
254
1
40.1
260
6
2.3
301
4
15.7
286
4
(4.8)
275
15
20.6
2013
276
2
8.5
256
5
(7.3)
288
5
12.9
329
6
14.1
287
18
2014
260
2
(9.2)
326
4
25.5
258
2
(21.0)
258
0
-
275
8
0.0
2014
291
7
(11.5)
299
4
2.8
303
6
1.2
319
4
5.3
303
21
5.5
2015
274
6
6.5
338
4
23.3
352
1
4.1
239
1
(32.2)
301
12
9.3
2015
303
3
(5.0)
328
2
8.2
325
4
(0.8)
298
1
(8.4)
313
10
3.5
2016
301
0
26.1
301
0
-
274
2
(8.8)
267
3
(2.7)
286
5
(5.0)
2016
313
0
5.3
298
1
(5.0)
312
2
4.9
312
0
-
309
3
(1.5)
Beverly Hills Phase 5
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Y-O-Y growth (%)
Vol. of transaction
Year
0
0
0
0
0
218
2
218
2
2010
0
0
0
0
0
0
0
0
0
0
1
-
218
3
(25.2)
206
5
(5.5)
231
7
12.3
236
16
-
2011
0
0
-
213
2
-
219
3
2.9
198
1
(9.7)
210
6
-
2012
228
6
(1.1)
204
11
(10.6)
230
13
12.7
242
9
5.3
226
39
(4.2)
2012
288
4
45.6
254
5
(11.7)
251
5
(1.1)
249
10
(1.0)
261
24
24.2
Ave. psf
Y-O-Y growth (%)
0 291
Ave. psf
2010 2011
Year
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Ave. psf
Vol. of transaction
Q1 (JAN-MAC)
Yearly
Y-O-Y growth (%)
Vol. of transaction
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
Beverly Hills Phase 3 Q1 (JAN-MAC)
2013
245
8
1.3
310
6
26.2
302
8
(2.3)
306
8
1.2
291
30
28.6
2013
276
6
11.0
220
2
(20.4)
312
8
41.9
289
5
(7.4)
274
21
5.2
2014
262
3
(14.3)
266
5
1.5
299
10
12.3
284
5
(5.0)
278
23
(4.4)
2014
310
6
7.2
323
14
4.2
327
4
1.2
339
7
3.7
324
31
18.3
2015
278
0
(2.2)
309
11
11.2
327
5
5.9
327
0
-
311
16
11.7
2015
335
5
(1.1)
354
2
5.8
304
1
(14.3)
304
0
-
324
8
(0.1)
2016
311
0
(5.2)
311
0
-
374
2
20.3
318
1
(14.8)
328
3
5.7
2016
409
1
34.7
317
2
(22.6)
317
0
-
317
0
-
340
3
4.8
Bundusan Villa
Canggih Heights
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
0
0
0
0
190
1
190
1
2010
0
0
0
0
0
0
0
0
0
0
-
190
0
-
190
0
-
190
0
-
190
0
-
2011
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2012
190
0
-
190
1
-
236
2
24.3
236
0
-
213
3
12.1
2012
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
Y-O-Y growth (%)
Y-O-Y growth (%)
0 0
Ave. psf
0 190
Ave. psf
2010 2011
Year
Year
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Ave. psf
Vol. of transaction
Q1 (JAN-MAC)
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
2013
213
0
(9.8)
261
1
22.3
207
3
(20.8)
223
2
7.9
226
6
5.9
2013
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2014
205
2
(7.8)
272
1
32.3
219
2
(19.5)
232
2
6.1
232
7
2.7
2014
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2015
289
3
24.5
289
0
-
289
0
-
289
0
-
289
3
24.5
2015
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2016
289
0
-
289
0
-
315
1
9.1
315
0
-
302
1
4.6
2016
0
0
-
0
0
-
445
1
-
445
0
-
445
1
-
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Y-O-Y growth (%)
1
278
0
278
0
280
3
278
4
2010
0
0
0
0
0
0
0
0
0
0
4
-
300
10
11.9
294
8
(2.0)
313
11
6.5
293
33
-
2011
0
0
-
0
0
-
0
0
-
251
1
-
251
1
-
2012
309
10
(1.2)
348
11
12.6
323
5
(7.2)
313
6
(2.8)
323
32
10.1
2012
347
1
38.4
331
4
(4.7)
328
3
(0.7)
361
2
10.1
342
10
36.3
Ave. psf
Year
278 268
Ave. psf
2010 2011
Year
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Cyber City Apartment Phase 2
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
Cyber City Apartment Phase 1 Q1 (JAN-MAC)
2013
320
6
2.2
344
12
7.5
389
20
13.0
358
19
(8.0)
353
57
9.2
2013
358
4
(0.9)
353
6
(1.5)
354
8
0.5
379
8
7.0
361
26
5.6
2014
353
9
(1.4)
362
7
2.8
381
14
5.2
435
10
14.0
383
40
8.5
2014
413
3
8.8
377
7
(8.7)
394
9
4.5
405
10
2.9
397
29
10.0
2015
378
6
(13.1)
403
7
6.6
448
4
11.2
388
3
(13.4)
404
20
5.6
2015
383
6
(5.4)
401
1
4.7
392
1
(2.3)
400
6
2.0
394
14
(0.8)
2016
392
1
1.0
413
5
5.5
385
6
(6.9)
385
0
-
394
12
(2.6)
2016
417
1
4.2
423
5
1.6
397
3
(6.1)
373
1
(6.1)
403
10
2.2
The information contained herein has been compiled by Laurelcap (Sabah) Sdn Bhd. The accuracy and completeness of such information, however is not guaranteed or warranted and no responsibility or liability will be accepted by the publisher for any loss or damage, howsoever arising, which results from an action or reliance in whole or in part on such information. The information herein are subject to change. The recipient should not treat the contents herein as advice relating to legal, taxation or investment matters. Any person or party interest on the information and/or property stated herein is advised to make their own independent investigations and verification of such information and any other information such persons or parties may consider to be relevant or appropriate in the circumstances and/or to seek independent professional advise.
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71
databank Country Height Apartment Phase 2
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
157
1
157
0
172
1
162
2
2010
0
0
0
0
0
0
0
0
0
0
-
189
1
0.5
199
3
4.8
203
8
2.4
195
14
-
2011
0
0
-
193
1
-
193
0
-
209
3
8.2
198
4
-
2012
213
2
4.7
222
8
4.4
218
6
(2.0)
239
11
9.7
223
27
14.4
2012
203
3
(2.6)
225
1
10.4
221
2
(1.6)
236
5
7.0
221
11
11.6
Y-O-Y growth (%)
Y-O-Y growth (%)
Vol. of transaction
Year
0 2
Ave. psf
Y-O-Y growth (%)
0 188
Ave. psf
2010 2011
Year
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Ave. psf
Vol. of transaction
Q1 (JAN-MAC)
Yearly
Y-O-Y growth (%)
Vol. of transaction
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
Country Height Apartment Phase 1 Q1 (JAN-MAC)
2013
225
9
(5.9)
236
11
4.8
239
16
1.6
244
22
1.9
236
58
5.8
2013
215
4
(9.0)
242
9
12.2
233
6
(3.6)
274
8
17.9
241
27
8.9
2014
296
10
21.3
261
9
(11.8)
276
13
5.9
258
6
(6.6)
273
38
15.6
2014
262
7
(4.6)
274
8
4.8
272
9
(0.8)
272
6
0.0
270
30
12.1
2015
247
6
(4.2)
275
9
11.2
352
1
28.1
352
0
-
306
16
12.3
2015
272
5
(0.2)
310
2
14.0
254
2
(18.1)
308
1
21.3
286
10
5.8
2016
274
4
(22.1)
274
0
-
287
6
4.6
287
0
-
280
10
(8.5)
2016
286
0
(7.1)
309
3
8.0
275
3
(10.9)
275
0
-
286
6
0.1
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Y-O-Y growth (%)
0
0
0
0
0
215
2
215
2
2010
192
1
192
0
192
0
218
1
199
2
2
-
264
1
24.3
264
0
-
243
2
(7.9)
246
5
-
2011
233
6
-
233
0
-
236
1
1.2
257
2
8.8
240
9
-
2012
228
2
(6.1)
287
1
25.8
308
1
7.4
271
1
(12.0)
274
5
11.4
2012
238
2
(7.4)
238
0
-
229
1
(3.9)
302
2
32.3
252
5
4.9
Ave. psf
Year
0 212
Ave. psf
2010 2011
Year
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Fairway Mansion
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
Dah Yeh Court Q1 (JAN-MAC)
2013
274
0
0.9
274
0
-
319
2
16.7
297
1
(7.1)
291
3
6.3
2013
253
3
(16.3)
326
1
28.8
336
2
3.0
343
1
2.1
314
7
24.9
2014
278
1
(6.3)
278
0
-
278
0
-
278
0
-
278
1
(4.5)
2014
314
0
(8.3)
369
1
17.3
385
2
4.3
385
0
-
363
3
15.5
2015
278
0
-
324
1
16.7
313
1
(3.6)
313
0
-
307
2
10.4
2015
363
1
(5.6)
320
1
(11.9)
320
0
-
320
0
-
331
2
(9.0)
2016
307
0
(1.8)
307
0
-
381
1
24.3
381
0
-
344
1
12.2
2016
331
0
3.4
331
0
-
331
0
-
331
0
-
331
0
-
Grace Garden
Grace Ville
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
0
0
0
0
349
1
349
1
2010
0
0
0
0
0
0
285
3
285
3
-
371
1
(8.8)
395
3
6.4
339
2
(14.2)
378
9
-
2011
290
5
-
300
7
3.4
266
2
(11.4)
254
11
(4.4)
277
25
-
2012
356
1
5.1
354
4
(0.5)
372
1
4.8
372
0
-
364
6
(3.9)
2012
290
4
14.2
290
0
-
390
1
34.5
354
11
(9.3)
331
16
19.4 14.3
Y-O-Y growth (%)
Y-O-Y growth (%)
0 3
Ave. psf
0 407
Ave. psf
2010 2011
Year
Year
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Ave. psf
Vol. of transaction
Q1 (JAN-MAC)
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
2013
364
0
(2.2)
364
0
-
382
2
5.0
382
0
-
373
2
2.5
2013
355
2
0.3
312
4
(12.0)
422
3
35.2
424
7
0.5
378
16
2014
296
1
(22.5)
506
4
71.1
400
3
(21.0)
384
3
(3.9)
397
11
6.4
2014
378
0
(10.9)
435
3
14.9
341
4
(21.5)
448
4
31.2
401
11
5.9
2015
468
2
21.7
459
2
(1.8)
506
1
10.2
506
0
-
485
5
22.3
2015
442
2
(1.3)
422
2
(4.5)
495
1
17.2
495
0
-
463
5
15.7
2016
485
0
(4.2)
485
0
-
485
0
-
485
0
-
485
0
-
2016
461
1
(6.9)
461
0
-
401
3
(12.9)
401
0
-
431
4
(7.0)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Y-O-Y growth (%)
0
0
0
0
0
241
1
241
1
2010
0
0
0
0
0
0
0
0
0
0
1
-
249
0
-
249
0
-
283
1
14.0
257
2
-
2011
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2012
257
0
(9.2)
254
1
(1.1)
362
1
42.2
350
1
(3.2)
306
3
18.9
2012
0
0
-
0
0
-
484
1
-
505
1
4.4
494
2
-
Ave. psf
Year
0 249
Ave. psf
2010 2011
Year
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Hing Tower Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
Hing Apartment Q1 (JAN-MAC)
2013
347
2
(0.8)
347
0
-
290
1
(16.4)
344
2
18.5
332
5
8.6
2013
494
0
(2.1)
494
0
-
494
0
-
494
0
-
494
0
-
2014
332
0
(3.4)
381
2
14.9
381
0
-
381
0
-
369
2
11.2
2014
494
0
-
505
1
2.1
505
0
-
505
0
-
502
1
1.6
2015
369
0
(3.2)
369
0
-
339
1
(8.1)
339
0
-
354
1
(4.1)
2015
502
0
(0.5)
502
0
-
502
0
-
502
0
-
502
0
-
2016
354
0
4.4
354
0
-
354
0
-
354
0
-
354
0
-
2016
502
0
-
502
0
-
502
0
-
502
0
-
502
0
-
The information contained herein has been compiled by Laurelcap (Sabah) Sdn Bhd. The accuracy and completeness of such information, however is not guaranteed or warranted and no responsibility or liability will be accepted by the publisher for any loss or damage, howsoever arising, which results from an action or reliance in whole or in part on such information. The information herein are subject to change. The recipient should not treat the contents herein as advice relating to legal, taxation or investment matters. Any person or party interest on the information and/or property stated herein is advised to make their own independent investigations and verification of such information and any other information such persons or parties may consider to be relevant or appropriate in the circumstances and/or to seek independent professional advise.
72
www.PropertyHunter.com.my
Indah Court
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Y-O-Y growth (%)
Vol. of transaction
Year
0
0
0
0
0
0
0
0
0
2010
0
0
0
0
0
0
217
3
217
3
1
-
356
1
30.0
312
2
(12.2)
324
7
3.7
316
11
-
2011
217
0
-
222
1
2.2
215
3
(3.1)
245
1
13.8
225
5
-
2012
367
7
13.2
390
5
6.4
400
8
2.6
393
6
(1.8)
387
26
22.5
2012
227
1
(7.3)
245
1
7.8
244
4
(0.3)
207
1
(15.1)
231
7
2.6
Ave. psf
Y-O-Y growth (%)
0 274
Ave. psf
2010 2011
Year
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Ave. psf
Vol. of transaction
Q1 (JAN-MAC)
Yearly
Y-O-Y growth (%)
Vol. of transaction
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
Hartamas Height Q1 (JAN-MAC)
2013
384
4
(2.2)
438
4
13.9
422
1
(3.6)
388
4
(8.2)
408
13
5.3
2013
360
2
73.9
325
2
(9.9)
364
3
12.0
276
1
(24.0)
331
8
43.5
2014
506
1
30.6
506
0
-
452
1
(10.6)
452
0
-
479
2
17.4
2014
247
1
(10.7)
301
2
21.8
305
3
1.6
375
2
22.9
307
8
(7.4)
2015
470
2
4.0
470
0
-
470
0
-
470
0
-
470
2
(1.8)
2015
365
1
(2.6)
335
3
(8.2)
335
0
-
335
0
-
343
4
11.7
2016
444
1
(5.5)
444
0
-
444
0
-
444
0
-
444
1
(5.5)
2016
343
0
2.2
365
1
6.5
395
1
8.1
395
0
-
374
2
9.2
Jesselton Condominium
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Y-O-Y growth (%)
Vol. of transaction
Year
0
0
0
0
0
0
0
0
0
2010
0
0
0
0
0
0
432
1
432
1
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2011
458
1
-
458
0
-
456
1
(0.6)
518
1
13.6
472
3
-
2012
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2012
472
0
(8.7)
472
0
-
495
1
4.7
544
1
9.9
496
2
4.9
Ave. psf
Y-O-Y growth (%)
0 0
Ave. psf
2010 2011
Year
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Ave. psf
Vol. of transaction
Q1 (JAN-MAC)
Yearly
Y-O-Y growth (%)
Vol. of transaction
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
Jade Residence Q1 (JAN-MAC)
2013
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2013
496
0
(8.8)
576
1
16.2
512
2
(11.2)
492
2
(3.9)
519
5
4.7
2014
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2014
519
0
5.5
519
0
-
542
2
4.4
456
3
(15.9)
509
5
(1.9)
2015
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2015
466
2
2.2
470
2
1.0
470
0
-
470
0
-
469
4
(7.8)
2016
0
0
-
0
0
-
541
2
-
541
0
-
541
2
-
2016
469
0
(0.3)
469
0
-
547
1
16.5
547
0
-
508
1
8.3
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
0
0
0
0
0
0
0
0
2010
0
0
0
0
0
0
0
0
0
0
-
260
4
-
260
0
-
291
3
12.0
270
7
-
2011
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2012
270
0
(7.2)
270
0
-
306
2
13.3
306
0
-
288
2
6.6
2012
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
Y-O-Y growth (%)
Y-O-Y growth (%)
0 0
Ave. psf
Year
0 0
Ave. psf
2010 2011
Year
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Lido four Seasons Residence Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
Lembah Shantung Q1 (JAN-MAC)
2013
288
0
(5.9)
288
0
-
361
1
25.2
372
2
3.3
327
3
13.6
2013
0
0
-
448
2
-
373
3
(16.8)
350
1
(6.0)
390
6
-
2014
327
0
(12.1)
327
0
-
327
0
-
327
0
-
327
0
-
2014
390
0
11.4
410
2
5.2
376
1
(8.3)
392
1
4.2
392
4
0.5
2015
327
0
-
327
0
-
406
1
24.1
406
0
-
367
1
12.0
2015
392
0
0.1
356
1
(9.2)
400
1
12.4
400
0
-
387
2
(1.3)
2016
367
0
(9.7)
367
0
-
380
1
3.5
380
0
-
373
1
1.7
2016
387
0
(3.2)
440
12
13.7
461
17
4.7
442
6
(4.1)
432
35
11.7
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Y-O-Y growth (%)
0
0
0
0
0
217
1
217
1
2010
0
0
0
0
0
0
230
4
230
4
1
-
236
1
(17.1)
255
3
8.2
279
2
9.4
264
7
-
2011
238
3
-
322
2
35.1
301
3
(6.5)
353
4
17.4
303
12
-
2012
264
0
(5.6)
264
0
-
264
0
-
196
2
(25.8)
247
2
(6.4)
2012
319
1
(9.6)
319
0
-
301
2
(5.5)
301
0
-
310
3
2.3
Ave. psf
Year
0 284
Ave. psf
2010 2011
Year
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Likas Square
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
Likas Square Q1 (JAN-MAC)
2013
247
0
26.0
335
2
35.8
371
3
10.7
330
3
(10.9)
321
8
30.0
2013
310
0
2.9
370
1
19.2
346
1
(6.4)
389
2
12.3
354
4
14.0
2014
321
0
(2.9)
387
1
20.7
384
4
(0.7)
410
1
6.8
376
6
17.1
2014
354
0
(9.0)
370
2
4.6
184
1
(50.1)
423
1
129.2
333
4
(6.0)
2015
400
2
(2.4)
400
0
-
423
1
5.6
423
0
-
412
3
9.6
2015
333
0
(21.3)
399
1
19.9
399
0
-
399
0
-
382
1
14.9
2016
412
0
(2.6)
412
0
-
412
0
-
412
0
-
412
0
-
2016
382
0
(4.1)
382
0
-
372
3
(2.6)
372
0
-
377
3
(1.3)
The information contained herein has been compiled by Laurelcap (Sabah) Sdn Bhd. The accuracy and completeness of such information, however is not guaranteed or warranted and no responsibility or liability will be accepted by the publisher for any loss or damage, howsoever arising, which results from an action or reliance in whole or in part on such information. The information herein are subject to change. The recipient should not treat the contents herein as advice relating to legal, taxation or investment matters. Any person or party interest on the information and/or property stated herein is advised to make their own independent investigations and verification of such information and any other information such persons or parties may consider to be relevant or appropriate in the circumstances and/or to seek independent professional advise.
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73
databank
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Y-O-Y growth (%)
0
0
0
0
0
0
0
0
0
2010
0
0
0
0
0
0
0
0
0
0
1
-
238
0
-
238
0
-
265
1
11.4
245
2
-
2011
178
2
-
178
0
-
204
1
14.5
204
0
-
191
3
-
2012
245
0
(7.7)
233
1
(4.7)
233
0
-
233
0
-
236
1
(3.6)
2012
191
0
(6.3)
270
1
41.3
270
0
-
207
1
(23.5)
235
2
22.7
Ave. psf
Year
0 238
Ave. psf
2010 2011
Year
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Luyang Apartment
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
Lucky Heights Q1 (JAN-MAC)
2013
236
0
1.2
236
0
-
286
1
21.0
286
0
-
261
1
10.5
2013
235
0
13.5
235
0
-
235
0
-
235
0
-
235
0
-
2014
261
0
(8.7)
252
1
(3.3)
252
0
-
284
1
12.7
263
2
0.6
2014
263
1
12.1
263
0
-
263
0
-
263
0
-
263
1
12.1
2015
263
0
(7.7)
263
0
-
263
0
-
263
0
-
263
0
-
2015
263
0
-
263
0
-
263
0
-
263
0
-
263
0
-
2016
263
0
-
263
0
-
263
0
-
263
0
-
263
0
-
2016
263
0
-
263
0
-
344
1
30.7
344
0
-
303
1
15.4
Nountun Apartment
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Y-O-Y growth (%)
Vol. of transaction
Year
0
0
0
0
0
356
4
356
4
2010
0
0
0
0
0
0
0
0
0
0
1
-
390
3
(22.3)
446
2
14.3
431
1
(3.4)
443
7
-
2011
156
4
-
145
2
(7.0)
185
1
28.1
192
3
3.7
170
10
-
2012
531
2
23.2
519
1
(2.3)
497
2
(4.2)
569
1
14.5
529
6
19.6
2012
191
2
(0.5)
207
2
8.1
169
1
(18.2)
231
3
36.9
200
8
17.7 27.0
Ave. psf
Y-O-Y growth (%)
0 503
Ave. psf
2010 2011
Year
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Ave. psf
Vol. of transaction
Q1 (JAN-MAC)
Yearly
Y-O-Y growth (%)
Vol. of transaction
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
Marina Court Ph. 1 (Blocks C & D) Q1 (JAN-MAC)
2013
529
0
(7.0)
529
0
-
575
1
8.6
544
2
(5.3)
545
3
2.9
2013
269
2
16.0
222
2
(17.2)
268
3
20.7
255
3
(5.1)
253
10
2014
567
1
4.2
596
1
5.1
596
0
-
596
0
-
589
2
8.2
2014
276
2
8.5
288
3
4.3
288
0
-
253
4
(12.3)
277
9
9.1
2015
592
1
(0.7)
592
0
-
592
0
-
592
0
-
592
1
0.5
2015
254
1
0.3
208
1
(18.1)
274
2
31.7
274
0
-
252
4
(8.8)
2016
592
0
-
592
0
-
592
0
-
539
1
(8.9)
579
1
(2.2)
2016
252
0
(7.8)
299
1
18.4
311
2
4.3
311
0
-
293
3
16.4
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Y-O-Y growth (%)
0
0
0
0
0
0
0
0
0
2010
0
0
0
0
0
0
0
0
0
0
0
-
281
1
-
281
0
-
345
2
22.7
303
3
-
2011
0
0
-
0
0
-
468
1
-
468
0
-
468
1
-
2012
303
0
(12.4)
452
2
49.4
313
2
(30.9)
326
1
4.3
348
5
15.1
2012
338
2
(27.8)
338
0
-
338
0
-
413
1
22.2
357
3
(23.8) (0.6)
Ave. psf
Year
0 0
Ave. psf
2010 2011
Year
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Prince Tower
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
PearL Tower Condominium Q1 (JAN-MAC)
2013
348
0
6.8
339
2
(2.7)
457
1
34.9
275
1
(39.9)
355
4
1.9
2013
357
0
(13.6)
357
0
-
352
1
(1.3)
352
0
-
355
1
2014
371
1
34.9
317
1
(14.4)
317
0
-
359
1
13.2
341
3
(3.9)
2014
355
0
0.6
355
0
-
355
0
-
355
0
-
355
0
-
2015
341
0
(5.0)
341
0
-
341
0
-
341
0
-
341
0
-
2015
386
1
9.0
326
1
(15.6)
326
0
-
326
0
-
341
2
(3.8)
2016
341
0
-
341
0
-
322
1
(5.5)
364
1
12.9
342
1
0.3
2016
341
0
4.6
341
0
-
341
0
-
341
0
-
341
0
-
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Y-O-Y growth (%)
0
0
0
0
0
0
0
0
0
2010
0
0
0
0
0
0
0
0
0
0
0
-
451
1
-
420
3
(7.0)
340
1
(19.0)
303
5
-
2011
430
2
-
601
2
39.6
601
0
-
601
0
-
558
4
-
2012
422
4
24.1
464
1
9.8
478
5
3.2
517
3
8.0
470
13
55.3
2012
535
3
(11.1)
535
0
-
500
1
(6.4)
500
0
-
517
4
(7.3)
Ave. psf
Year
0 0
Ave. psf
2010 2011
Year
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Puteri Damai Condominium Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
Puncak Luyang Q1 (JAN-MAC)
2013
470
0
(9.0)
428
2
(9.0)
693
7
61.8
490
4
(29.3)
520
13
10.6
2013
648
1
29.5
525
1
(18.9)
525
0
-
525
0
-
556
2
7.5
2014
493
2
0.6
449
4
(8.8)
449
0
-
618
1
37.6
502
7
(3.4)
2014
556
0
5.8
681
1
22.4
681
0
-
681
0
-
650
1
16.8
2015
539
1
(12.8)
496
1
(8.0)
496
0
-
496
0
-
507
2
0.9
2015
714
1
4.9
714
0
-
714
0
-
714
0
-
714
1
10.0
2016
507
0
2.2
539
1
6.4
539
2
0.0
539
0
-
531
3
4.8
2016
714
0
-
714
0
-
714
0
-
714
0
-
714
0
-
The information contained herein has been compiled by Laurelcap (Sabah) Sdn Bhd. The accuracy and completeness of such information, however is not guaranteed or warranted and no responsibility or liability will be accepted by the publisher for any loss or damage, howsoever arising, which results from an action or reliance in whole or in part on such information. The information herein are subject to change. The recipient should not treat the contents herein as advice relating to legal, taxation or investment matters. Any person or party interest on the information and/or property stated herein is advised to make their own independent investigations and verification of such information and any other information such persons or parties may consider to be relevant or appropriate in the circumstances and/or to seek independent professional advise.
74
www.PropertyHunter.com.my
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
0
0
0
0
0
0
0
0
2010
0
0
0
0
0
0
0
0
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2011
275
1
-
302
2
9.6
302
0
-
355
1
17.6
308
4
-
2012
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2012
308
0
(13.1)
308
0
-
308
0
-
308
0
-
308
0
-
Y-O-Y growth (%)
Y-O-Y growth (%)
0 0
Ave. psf
Year
0 0
Ave. psf
2010 2011
Year
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Radiant Masionet
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
Puri Fantasi Q1 (JAN-MAC)
2013
0
0
-
0
0
-
0
0
-
434
1
-
434
1
-
2013
308
0
-
308
0
-
308
0
-
308
0
-
308
0
-
2014
434
0
-
434
0
-
434
0
-
434
0
-
434
0
-
2014
391
1
26.7
419
2
7.3
419
0
-
419
0
-
412
3
33.6
2015
434
0
-
434
0
-
410
1
(5.5)
410
0
-
422
1
(2.7)
2015
351
1
(16.1)
351
0
-
435
1
23.9
435
0
-
393
2
(4.5)
2016
422
0
2.9
422
0
-
422
0
-
422
0
-
422
0
-
2016
393
0
(9.6)
393
0
-
393
0
-
393
0
-
393
0
-
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Y-O-Y growth (%)
0
0
0
0
0
447
1
447
1
2010
0
0
0
0
0
0
0
0
0
0
0
-
447
0
-
447
0
-
447
0
-
447
0
-
2011
0
0
-
412
2
-
412
0
-
446
2
8.2
424
4
-
2012
315
1
(29.6)
315
0
-
315
0
-
463
1
47.3
352
2
(21.3)
2012
424
0
(5.1)
424
0
-
424
0
-
418
1
(1.4)
422
1
(0.4)
Ave. psf
Year
0 447
Ave. psf
2010 2011
Year
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Radiant Tower B Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
Radiant Tower A Q1 (JAN-MAC)
2013
498
1
7.5
498
0
-
498
0
-
498
0
-
498
1
41.6
2013
422
0
1.1
422
0
-
456
1
7.9
501
1
10.0
450
2
6.7
2014
498
0
-
498
0
-
498
0
-
498
0
-
498
0
-
2014
478
1
(4.5)
478
0
-
478
0
-
447
1
(6.5)
471
2
4.5
2015
498
0
-
498
0
-
498
0
-
498
0
-
498
0
-
2015
471
0
5.2
471
0
-
471
0
-
471
0
-
471
0
-
2016
498
0
-
498
0
-
498
0
-
498
0
-
498
0
-
2016
471
0
-
532
1
12.9
536
2
0.8
536
0
-
519
3
10.2
RainfiEld Court
Seri Borneo Condominium
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
0
0
0
0
213
3
213
3
2010
0
0
0
0
0
0
245
2
245
2
-
192
1
(14.2)
253
1
31.8
147
2
(41.7)
204
6
-
2011
221
1
-
255
2
15.2
203
2
(20.4)
219
2
8.2
225
7
-
2012
179
2
21.7
179
0
-
262
3
46.3
235
1
(10.5)
214
6
4.9
2012
225
0
2.4
225
0
-
267
1
18.7
318
3
19.2
258
4
15.1
Y-O-Y growth (%)
Y-O-Y growth (%)
0 2
Ave. psf
0 224
Ave. psf
2010 2011
Year
Year
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Ave. psf
Vol. of transaction
Q1 (JAN-MAC)
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
2013
245
2
4.2
262
5
7.3
276
6
5.3
320
3
15.8
276
16
29.0
2013
327
1
2.9
284
1
(13.2)
284
0
-
303
2
6.9
299
4
15.9
2014
341
1
6.7
341
0
-
319
3
(6.6)
307
2
(3.7)
327
6
18.6
2014
286
1
(5.7)
286
0
-
286
0
-
286
0
-
286
1
(4.5)
2015
281
1
(8.5)
295
3
5.0
269
2
(8.6)
269
0
-
278
6
(14.9)
2015
346
1
21.1
346
0
-
346
0
-
346
0
-
346
1
21.1
2016
282
1
4.8
262
3
(7.1)
296
2
13.1
296
0
-
284
6
2.1
2016
346
0
-
346
0
-
282
1
(18.4)
282
0
-
314
1
(9.2)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Y-O-Y growth (%)
0
0
0
0
0
0
0
0
0
2010
0
0
0
0
0
0
301
2
301
2
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2011
301
0
-
354
2
17.5
337
1
(4.7)
337
0
-
332
3
-
2012
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2012
332
0
(1.4)
359
2
8.0
417
3
16.2
423
4
1.5
383
9
15.2 15.2
Ave. psf
Year
0 0
Ave. psf
2010 2011
Year
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Surian Residences Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
Seri Manis Condominium Q1 (JAN-MAC)
2013
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2013
436
4
3.0
435
9
(0.3)
450
11
3.6
444
22
(1.4)
441
46
2014
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2014
473
2
6.6
440
2
(6.9)
440
0
-
456
3
3.5
453
7
2.6
2015
0
0
-
422
1
-
422
0
-
422
0
-
422
1
-
2015
493
4
8.1
568
1
15.3
543
1
(4.4)
543
0
-
537
6
18.7
2016
422
0
-
422
0
-
505
1
19.6
505
0
-
464
1
9.8
2016
537
0
(1.2)
537
0
-
558
1
3.9
406
1
(27.3)
509
2
(5.1)
The information contained herein has been compiled by Laurelcap (Sabah) Sdn Bhd. The accuracy and completeness of such information, however is not guaranteed or warranted and no responsibility or liability will be accepted by the publisher for any loss or damage, howsoever arising, which results from an action or reliance in whole or in part on such information. The information herein are subject to change. The recipient should not treat the contents herein as advice relating to legal, taxation or investment matters. Any person or party interest on the information and/or property stated herein is advised to make their own independent investigations and verification of such information and any other information such persons or parties may consider to be relevant or appropriate in the circumstances and/or to seek independent professional advise.
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75
databank
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Y-O-Y growth (%)
0
0
0
0
0
196
1
196
1
2010
0
0
0
0
0
0
0
0
0
0
3
-
204
5
12.2
225
5
10.1
215
5
(4.3)
207
18
-
2011
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2012
218
4
1.1
252
11
15.8
265
6
5.1
261
11
(1.5)
249
32
20.4
2012
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
Ave. psf
Year
0 182
Ave. psf
2010 2011
Year
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
The Light Residences Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
Taman Penampang Phase 2 Q1 (JAN-MAC)
2013
253
4
(3.2)
269
11
6.5
256
6
(4.8)
265
9
3.5
261
30
4.8
2013
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2014
294
9
10.8
227
2
(22.7)
311
5
37.0
284
11
(8.8)
279
27
7.0
2014
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2015
301
3
6.0
307
4
1.9
342
4
11.5
331
1
(3.4)
320
12
14.7
2015
414
1
-
441
2
6.6
423
1
(4.1)
423
0
-
425
4
-
2016
323
2
(2.3)
329
4
1.9
279
5
(15.4)
322
2
15.6
313
13
(2.1)
2016
425
0
0.5
425
0
-
425
0
-
425
0
-
425
0
-
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Y-O-Y growth (%)
0
0
0
0
0
0
0
0
0
2010
0
0
0
0
0
0
0
0
0
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2011
462
2
-
579
1
25.1
579
0
-
579
0
-
550
3
-
2012
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2012
404
1
(30.2)
556
3
37.7
555
2
(0.2)
560
3
0.9
519
9
(5.6)
Ave. psf
Year
0 0
Ave. psf
2010 2011
Year
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
THE PEAK CONDOMINIUM
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
The Loft Q1 (JAN-MAC)
2013
651
1
-
651
0
-
651
0
-
686
4
5.2
660
5
-
2013
542
2
(3.3)
599
6
10.5
599
0
-
588
6
(1.8)
582
14
12.1
2014
660
0
(3.7)
794
1
20.3
794
0
-
890
3
12.1
784
4
18.9
2014
512
1
(12.9)
548
2
7.1
615
4
12.3
617
1
0.2
573
8
(1.5)
2015
778
4
(12.5)
881
4
13.1
785
2
(10.9)
785
0
-
807
10
2.9
2015
610
3
(1.1)
610
0
-
610
0
-
671
3
9.9
625
6
9.1
2016
807
0
2.8
835
3
3.4
765
6
(8.3)
765
0
-
793
9
(1.8)
2016
625
0
(6.8)
625
0
-
625
0
-
625
0
-
625
0
-
The Peak SOHO Tower B
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Y-O-Y growth (%)
Vol. of transaction
Year
0
0
0
0
0
401
2
401
2
2010
0
0
0
0
0
0
0
0
0
0
2
-
371
3
(11.6)
371
0
-
371
0
-
383
5
-
2011
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2012
444
2
19.7
444
0
-
404
1
(8.9)
404
0
-
424
3
10.8
2012
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
Ave. psf
Y-O-Y growth (%)
0 420
Ave. psf
2010 2011
Year
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Ave. psf
Vol. of transaction
Q1 (JAN-MAC)
Yearly
Y-O-Y growth (%)
Vol. of transaction
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
The Peak Suites Q1 (JAN-MAC)
2013
424
0
4.9
424
0
-
424
0
-
424
0
-
424
0
-
2013
0
0
-
0
0
-
0
0
-
513
1
-
513
1
-
2014
466
1
9.8
466
0
-
466
0
-
547
2
17.4
486
3
14.6
2014
513
0
-
609
1
18.6
735
2
20.7
660
3
(10.2)
629
6
22.6
2015
595
2
8.7
571
1
(4.0)
571
0
-
521
1
(8.7)
564
4
16.1
2015
629
0
(4.6)
629
0
-
730
1
16.0
730
0
-
680
1
8.0
2016
564
0
8.3
564
0
-
557
1
(1.4)
557
0
-
561
1
(0.7)
2016
680
0
(6.9)
680
0
-
792
1
16.5
792
0
-
736
1
8.2
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Y-O-Y growth (%)
0
0
0
0
0
0
0
0
0
2010
0
0
0
0
0
0
0
0
0
0
0
-
0
0
-
590
5
-
615
5
4.2
603
10
-
2011
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2012
615
2
(0.1)
753
4
22.4
590
4
(21.7)
888
3
50.7
711
13
18.0
2012
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
Ave. psf
Year
0 0
Ave. psf
2010 2011
Year
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
The Suritz
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
The Peak Vista Q1 (JAN-MAC)
2013 1002
5
12.8
827
8
(17.5)
829
4
0.3
681
8
(17.9)
835
25
17.3
2013
0
0
-
0
0
-
0
0
-
0
0
-
0
0
2014
983
1
44.4
929
4
(5.5)
990
1
6.5
990
0
-
973
6
16.6
2014
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2015
916
1
(7.5)
916
0
-
916
0
-
916
0
-
916
1
(5.9)
2015
0
0
-
480
1
-
480
0
-
480
0
-
480
1
-
2016
916
0
-
916
0
-
916
0
-
916
0
-
916
0
-
2016
480
0
-
420
1
(12.4)
469
1
11.7
469
0
-
460
2
(4.2)
The information contained herein has been compiled by Laurelcap (Sabah) Sdn Bhd. The accuracy and completeness of such information, however is not guaranteed or warranted and no responsibility or liability will be accepted by the publisher for any loss or damage, howsoever arising, which results from an action or reliance in whole or in part on such information. The information herein are subject to change. The recipient should not treat the contents herein as advice relating to legal, taxation or investment matters. Any person or party interest on the information and/or property stated herein is advised to make their own independent investigations and verification of such information and any other information such persons or parties may consider to be relevant or appropriate in the circumstances and/or to seek independent professional advise.
76
www.PropertyHunter.com.my
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
236
0
220
1
255
5
237
7
2010
0
0
0
0
0
0
0
0
0
0
-
263
4
5.0
246
5
(6.3)
252
7
2.1
253
20
-
2011
0
0
-
0
0
-
253
1
-
253
0
-
253
1
-
2012
265
6
5.2
281
6
6.1
269
9
(4.1)
263
5
(2.3)
270
26
6.6
2012
253
0
-
253
0
-
253
0
-
257
1
1.4
254
1
0.3
Y-O-Y growth (%)
Y-O-Y growth (%)
1 4
Ave. psf
Year
236 250
Ave. psf
2010 2011
Year
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
University Apartment 2 Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
University Apartment 1 Q1 (JAN-MAC)
2013
292
3
10.8
269
7
(7.6)
270
2
0.2
281
6
4.0
278
18
3.2
2013
421
1
63.8
315
4
(25.0)
305
2
(3.4)
307
1
0.7
337
8
32.5
2014
352
3
25.1
303
5
(13.8)
312
4
3.0
328
8
4.9
324
20
16.4
2014
313
1
2.0
333
1
6.6
266
0
(20.3)
335
2
26.0
312
4
(7.5)
2015
296
6
(9.6)
295
4
(0.2)
315
4
6.5
331
2
5.1
309
16
(4.5)
2015
312
0
(6.9)
267
1
(14.4)
267
0
-
267
0
-
278
1
(10.8)
2016
382
1
15.5
360
6
(5.8)
273
1
(24.1)
340
1
24.7
339
9
9.5
2016
278
0
4.2
278
0
-
355
1
27.6
355
0
-
316
1
13.8
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
0
0
0
0
0
0
0
0
2010
0
0
0
0
0
0
0
0
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2011
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2012
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2012
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
Y-O-Y growth (%)
Y-O-Y growth (%)
0 0
Ave. psf
Year
0 0
Ave. psf
2010 2011
Year
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
University Condo Apartment 2
Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
University Condo Apartment 1 Q1 (JAN-MAC)
2013
0
0
-
318
2
-
250
3
(21.6)
250
0
0.1
273
5
-
2013
0
0
-
0
0
-
0
0
-
353
1
-
353
1
-
2014
329
1
31.5
337
2
2.5
335
2
(0.4)
392
3
16.7
348
8
27.7
2014
343
2
(2.9)
294
2
(14.2)
322
2
9.5
295
1
(8.3)
314
7
(11.3)
2015
348
2
(11.2)
375
3
7.8
392
1
4.6
392
0
-
377
6
8.2
2015
314
0
6.2
347
1
10.6
347
0
-
347
0
-
338
1
7.9
2016
377
0
(3.9)
377
0
-
344
2
(8.7)
344
0
-
360
2
(4.3)
2016
359
2
3.6
351
2
(2.2)
333
2
(5.2)
396
1
18.8
360
7
6.3
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Y-O-Y growth (%)
0
0
0
0
0
0
0
0
0
2010
0
0
0
0
0
0
0
0
0
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2011
0
0
-
0
0
-
0
0
-
0
0
-
0
0
-
2012
296
1
-
214
1
(27.8)
214
0
-
214
0
-
235
2
-
2012
0
0
-
296
1
-
296
0
-
296
0
-
222
1
#DIV/0! 1.3
Ave. psf
Year
0 0
Ave. psf
2010 2011
Year
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
Ave. psf
Vol. of transaction
Yearly
Y-O-Y growth (%)
Vol. of transaction
Viewland Apartment Phase 3 Q4 (OCT-DEC)
Ave. psf
Vol. of transaction
Q3 (JUL-SEP)
Y-O-Y growth (%)
Vol. of transaction
Q2 (APR-JUN)
Vol. of transaction
Viewland Apartment Q1 (JAN-MAC)
2013
235
0
9.6
235
0
-
235
0
-
372
1
58.3
269
1
14.6
2013
222
0
(25.0)
222
0
-
222
0
-
233
1
5.2
225
1
2014
269
0
(27.6)
269
0
-
269
0
-
269
0
-
269
0
-
2014
225
0
(3.7)
225
0
-
225
0
-
225
0
-
225
0
-
2015
280
1
4.1
280
0
-
280
0
-
280
0
-
280
1
4.1
2015
225
0
-
225
0
-
225
0
-
225
0
-
225
0
-
2016
280
0
-
280
0
-
280
0
-
280
0
-
280
0
-
2016
225
0
-
305
1
35.6
305
0
-
305
0
-
285
1
26.7
WAIKIKI CONDOMINIUM
Y-O-Y growth (%)
Ave. psf
Y-O-Y growth (%)
Ave. psf
0
0
0
0
303
1
319
1
311
2
306
4
-
307
4
0.4
394
1
28.3
396
1
0.6
351
10
-
2012
351
0
(11.5)
423
5
20.5
440
2
4.2
344
3
(22.0)
389
10
11.0 (7.5)
Ave. psf
2010 2011
Year
Y-O-Y growth (%)
Vol. of transaction
Yearly
Ave. psf
Vol. of transaction
Q4 (OCT-DEC)
Y-O-Y growth (%)
Vol. of transaction
Q3 (JUL-SEP)
Ave. psf
Vol. of transaction
Q2 (APR-JUN)
Y-O-Y growth (%)
Vol. of transaction
Q1 (JAN-MAC)
2013
369
3
7.3
369
0
-
324
8
(12.2)
379
1
16.9
360
12
2014
421
2
11.2
421
0
-
404
1
(4.1)
343
1
(15.0)
397
4
10.3
2015
368
2
7.1
494
2
34.4
494
0
-
494
0
-
462
4
16.4
2016
378
2
(23.4)
378
0
-
378
0
-
378
0
-
378
2
(18.2)
The information contained herein has been compiled by Laurelcap (Sabah) Sdn Bhd. The accuracy and completeness of such information, however is not guaranteed or warranted and no responsibility or liability will be accepted by the publisher for any loss or damage, howsoever arising, which results from an action or reliance in whole or in part on such information. The information herein are subject to change. The recipient should not treat the contents herein as advice relating to legal, taxation or investment matters. Any person or party interest on the information and/or property stated herein is advised to make their own independent investigations and verification of such information and any other information such persons or parties may consider to be relevant or appropriate in the circumstances and/or to seek independent professional advise.
www.PropertyHunter.com.my
77
APARTMENT FOR SALE
Extracted from PropertyHunter.com.my
*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my
78
www.PropertyHunter.com.my
www.PropertyHunter.com.my
79
APARTMENT FOR SALE
Extracted from PropertyHunter.com.my
*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my
80
www.PropertyHunter.com.my
www.PropertyHunter.com.my
81
BUNGALOW FOR SALE
Extracted from PropertyHunter.com.my
*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my
82
www.PropertyHunter.com.my
www.PropertyHunter.com.my
83
APARTMENT FOR SALE
Extracted from PropertyHunter.com.my
*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my
84
www.PropertyHunter.com.my
APARTMENT FOR SALE
Extracted from PropertyHunter.com.my
*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my
www.PropertyHunter.com.my
85
COMMERCIAL FOR SALE
Extracted from PropertyHunter.com.my
*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my
86
www.PropertyHunter.com.my
CONDO FOR SALE
Extracted from PropertyHunter.com.my
*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my
www.PropertyHunter.com.my
87
CONDO FOR SALE
Extracted from PropertyHunter.com.my
*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my
88
www.PropertyHunter.com.my
CONDO FOR SALE
Extracted from PropertyHunter.com.my
*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my
www.PropertyHunter.com.my
89
CONDO FOR SALE
Extracted from PropertyHunter.com.my
*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my
90
www.PropertyHunter.com.my
CONDO FOR SALE
Extracted from PropertyHunter.com.my
*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my
www.PropertyHunter.com.my
91
SEMI-DETACHED HOUSE FOR SALE
Extracted from PropertyHunter.com.my
*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my
92
www.PropertyHunter.com.my
TERRACE / LINK HOUSE FOR SALE
Extracted from PropertyHunter.com.my
*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my
www.PropertyHunter.com.my
93
TERRACE / LINK HOUSE FOR SALE
Extracted from PropertyHunter.com.my
*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my
94
www.PropertyHunter.com.my
TERRACE / LINK HOUSE FOR SALE
Extracted from PropertyHunter.com.my
*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my
www.PropertyHunter.com.my
95
TERRACE / LINK HOUSE FOR SALE
Extracted from PropertyHunter.com.my
*Listing are accurate at the time of print. Kindly contact the respective agents for updates. For more real estate listings, please visit www.propertyhunter.com.my
96
www.PropertyHunter.com.my
www.PropertyHunter.com.my
97
98
www.PropertyHunter.com.my
www.PropertyHunter.com.my
99
100
www.PropertyHunter.com.my