GROWTH in the residential sector is expected to continue to be healthy going forward with strong demand for well-located projects although they come with a premium, and the yet-to-be visible mass rapid transport (MRT) system, judging from recent launches.
See Hoy Chan Holdings Group director Datuk Teo Chiang Kok sold 75 of the 90 units of zero lots housing on a build-and-sell basis in The Effingham development in Damansara, Petaling Jaya. Sales via a balloting process was brisk despite the impending construction of the MRT which will parallel Persiaran Surian. Zero lots units has one side of the house against a wall with space at the front, side and the back of the house.
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