SkyLuxe project in Bukit Jalil expected to be sold out by year-end


SkyWorld Development Sdn Bhd is expecting its latest high-rise residential development SkyLuxe on the Park @ Bukit Jalil (SkyLuxe) to be fully sold within this year, said its executive director and chief operating officer Lee Chee Seng.

To date, some 78% of the project have been sold.

Hua Yang unveils RM368mil project in Seri Kembangan


Property developer Hua Yang Bhd, which is targeting sales worth RM500mil within its current financial year ending March 31, 2017, will be launching its newest offering, Astetica Residences, by this quarter.

Hua Yang financial controller Joe Tan said the launch of the mixed development at Seri Kembangan will help the company achieve its sales target for this year.

IJM defines affordability


An artist’s impression of Danau Perintis apartments in Kuala Selangor. The units are selling from RM347,000 each.

Affordability is a relative term. A buyer may find a house at RM500,000 affordable, while another buyer may find a RM250,000 property too expensive.

IJM Land managing director Edward Chong says: “In Bandar Utama, the houses may be priced at between RM1.3mil and RM1.5mil, and there is this particular house going to RM800,000 in the market.