SURROUNDED by 10 matured townships within a 5km radius and near a high-traffic main road, the new shoplex Lot26Austin by developer Malaysia Land Properties Sdn Bhd (Mayland) is continuing to attract sales.
The new opening of 26,000 sq ft Village Grocer is adding convenience to the community of Sri Hartamas with a wide range of high-quality groceries, pleasant shopping experience and friendly services.
Overall house prices consolidated during the quarter under review, says Savills Malaysia associate director of research and consultancy Fong Kean Hwa when presenting The Edge | Savills Klang Valley High-Rise Residential Property Monitor for 3Q2022. The average asking price in prime city sub-markets (KLCC, Bangsar, Mont’Kiara) continued to contract year on year (y-o-y), he notes. “However, the average capital values declined much faster, widening the price gap. This indicates that buyers have strong bargaining power and that the property market is under pressure.”