Bandar Sungai Long forms part of Cheras and is under the jurisdiction of the Kajang Municipal Council. In 1989, SHL Consolidated Bhd developed and transformed the 690-acre freehold land formerly a rubber plantation area into the established township it is today. Tanming Bhd, Kihuat Properties Sdn Bhd and SYF Resources Bhd subsequently jumped on the bandwagon, says Savills Malaysia Sdn Bhd managing director Datuk Paul Khong.
JUST when the property market looked set to finally recover from a two-year debacle in the form of a pandemic, players within the sector are now faced with a new quandary – rising raw material prices.