Purple pride: The entrance of Tropicana The Residences, designed by world-renowned architectural firm, Skidmore, Owings & Merill, whose impressive portfolio includes the Burj Khalifa Tower.
PETALING JAYA: Property buyers now have many options to shop around for their dream property with the many infrastructure projects coming up under Budget 2016, a property consultant said.
Founder of Singapore-based Consultancy Pte Ltd Khalil Adis said from an investment point of view, property developed close to transportation hubs command a premium of between 5% and 10% in asking prices in the resale and rental markets should one decide to sell or rent out their property that have good infrastructure connectivity.
“Property buyers should also study the LRT and MRT extension lines, and new townships such as Kwasa Damansara that will hold up to two stations within the township.
“The Government is allocating up to RM900mil to tackle Kuala Lumpur’s notorious traffic jams which will allow even those living outside the Klang Valley to enjoy the shorter commuting time to and from the city.”
By equipping themselves with the information on the upcoming infrastructure projects, they can make better decisions on the right place to buy.
For example, Tropicana Corp Bhd’s 863-acre Tropicana Aman township in the fast expanding corridor of Kota Kemuning in Shah Alam will benefit from the good infrastructure links in the corridor.
The self-contained integrated township next to the growing region of Kota Kemuning has a gross development value of RM13bil.
Khalil will be one of the 10 speakers at the StarProperty.my fair to share property-related tips including on good areas for buying opportunity that will be conducted over the weekend.
Organised by StarProperty.my in collaboration with its premium partners IJM Land, Tropicana Corp Bhd and Matrix Concepts Holdings Bhd, the other participating developers include Agile PJD Development Sdn Bhd, Mah Sing Group Bhd, UEM Sunrise Bhd, Sime Darby Proper ty Bhd, Eco World Development Group Bhd, Putrajaya Holdings Sdn Bhd, MRCB Land, Sunsuria Bhd, Land & General Bhd, Paramount Property Development Sdn Bhd, DK Group Properties, UMLand and SkyWorld Development Sdn Bhd.
The others are Aspen Group, MCT Bhd, Ireka Group of Companies, Ekovest Bhd, Mayland Group, Nadayu Properties Bhd, Matrix Concepts Holdings Bhd, Bandar Utama Development Sdn Bhd, Seri Pajam Development Sdn Bhd, Setia Haruman Sdn Bhd, I&P Group Sdn Bhd, Titijaya Land Bhd, WinWin Property Link and The Urban Property, among the other exhibitors.
Visitors who purchase property at the fair stand a chance to win Senheng cash vouchers that have a total value of more than RM130,000.
They are also invited to complete one of the surveys available at the StarProperty.my booth for a chance to win MOCOF’s Transformer Wall Bed worth RM8,299, MOCOF’s Flux Chair worth RM679, Samsung Galaxy Tab 3 Lite, a year’s subscription of The Star ePaper worth RM350 and shopping vouchers, among other prizes.
The StarProperty.my Fair will be held from today to Sunday at Kuala Lumpur Convention Centre, Hall 4 & 5, from 11am to 7pm.
Admission is free. For more information, visit fair.starproperty.my.
