29 April, 2020

Property Guides

Have you been considering to invest in new properties or maybe even a new environment for your own stay? Well, that would be a great idea as property investments are in top demand at the moment. One can never deny the Return of Investments (ROI) from property investments as it is much more secure and comforting compared to many other investment opportunities.

According to the National Property Information Centre (Napic), a total of 99,922 transactions worth RM34.65 billion were recorded in 1H 2019, an increase of 6.1% in volume and 9.5% in value. Kuala Lumpur recorded the highest uptrend in transactions at 7%, followed by Selangor with 5.8%, Johor 1.2% and Penang 0.5%.

Cheras is no longer a stranger to anyone who lives around Kuala Lumpur and Selangor area. In fact, most of us will somehow pass through this geographically resourceful, vibrant and greenery town which is at the border connecting both cities of Selangor and Kuala Lumpur. Often times, people mistook Cheras as a very old, traditional and boring town, but little did they know what they have been missing out this whole time!

To add on even more flavours to this beautiful town, many developers have started up their various projects and this includes a handful of new living community developments such as new condominiums and residential units. Here’s why Cheras is definitely a great consideration for property investments.

1. Cheras town is a great spot for foodies to settle in

Whether you’re a food-venturous or just have the yummy taste buds to try and savour everything good and sumptuous, then Cheras will never disappoint you. Just imagine living with a wide range of cafes, restaurants, food stalls and bars to cater to your tummy while being great spots for your Instagram OOTD pictures! Just click away. Moreover, Cheras also has the longest and most famous night market (Pasar Malam) up to date at Taman Connaught that’s not to be missed every Wednesdays.

night market in Cheras

Visual by Deposit photos: https://depositphotos.com/304881804/stock-photo-kuala-lumpurmalaysia-sept-42019-people.html

2. Effective public transport system

The Sungai Buloh-Kajang MRT line alone will pass through eleven different stations around Cheras itself. On top of that, there are also LRT services in other parts of Cheras with quite a number of Rapid Bus passing through the ‘tamans’ and deeper areas of the town. In short, public transport is easily accessible and it definitely saves you travelling cost and money.

3. High availability of public services, institutions and medical attention

Cheras has a number of schools, private learning centres as well as universities such as UCSI and UTAR. This creates a better opportunity for students who are considering to further their education, while still being close to their home and can save a lot on rental and other expenses out of town. Besides that, Cheras has several established malls and outlets such as IKEA Cheras, Cheras Sentral Mall and Sunway Velocity to name just a few. These malls have always been a high attention leisure spot even for those who are out of Cheras! Furthermore, there are many medical, wellness and health centres around the Cheras area. Looking for a good facial or massage? Just look around the streets of Cheras and you can find many certified and highly rated parlours ready to welcome you in.

Cheras: Ever Progressive & Transformative

Despite being one of the oldest towns and a district in the Federal Territory, Cheras has been surprising us with its ever-progressive transformation. It is advisable to familiarise yourself with this place by visiting as well as exploring some of the new condominium offerings in Cheras to scour more ‘hands-on’ details.

Related Article:  Top 3 Things to Consider Before Getting Your New Condo for Sale

Mah Sing’s initiative of a new affordable condominium at Cheras is a cozy abode to match the lifestyle of the dynamic on-the-move cosmopolitan urbanite. Prime location; convenient connectivity to anywhere and breathtaking views of KLCC from the living room. Ample facilities and generous community spaces. Situated in a thriving mature neighbourhood. All these from the one and only M Vertica KL City.

Cheras new condominium project

M Vertica KL City: Covered walkway to Maluri LRT & MRT interchange 500m away

Citations:

https://focusmalaysia.my/property/property-hotspots-in-2020/

https://omh.sg/blog/post/cbre-wtw-launches-asia-pacific-real-estate-market-outlook-2020

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Admiral (R) Tan Sri Dato' Seri Abu Bakar Bin Abdul Jamal

Chairman/Independent Non-Executive Director

NATIONALITY: Malaysian

DATE OF APPOINTMENT: 1 August 2023

ACADEMIC / PROFESSIONAL QUALIFICATION(S)

Admiral (R) Tan Sri Dato’ Seri Abu Bakar Bin Abdul Jamal was the 10th Chief and the first four-star Admiral of the Royal Malaysian Navy. Admiral (R) Tan Sri Abu Bakar served the Royal Malaysian Navy for almost 40 years both at the staff and command levels culminating in the highest office of The Chief of Navy from 1998 to 2002.

Admiral (R) Tan Sri Abu Bakar was the former Chairman of Affin Fund Management Berhad and also the former Chairman of several companies covering diverse industries post his retirement including naval and marine, property development, construction and automative. He was also a former Board member of Lembaga Tabung Angkatan Tentera (Armed Forces Fund Board).

In recognition of his services not only to Malaysia but also towards promoting international and regional understanding and peace, Admiral (R) Tan Sri Abu Bakar was bestowed the Panglima Setia Mahkota award carrying the title Tan Sri. In addition, he also received international recognition in the form of the following awards:

  1. Bintang Jalasena Utama by Indonesian President Abdul Rahman Wahid on 28 August 2000
  2. Legion of Merit by United States President Bill Clinton on 6 October 2000
  3. Knight Grand Cross of the Most Noble Order of the Kingdom of Thailand by His Majesty King Bhumibol Adulyadej R on 24 February BE2544 (Gregorian 2001)
  4. Legion d’ Honneur by President of France, Jacques Chirac on 17 June 2001

There is no family relationship between him and any director and/or major shareholder of the Company.