Property Hunter Magazine Property Hunter Magazine Issue 52 - March 2014 | Page 97

Many developers enjoyed brisk sales for new launches as buyers accelerated purchases ahead of the cooling measures, which are expected to impact the market in 2014 “The potential upward price trend of these 1-storey terraced houses is limited unless some upgrading work on the building is carried out. We noticed that some of the original 1-storey terraced homes have been converted into 1½-storey terraced houses with modern-design facades, which would probably push the price up further. A similar upgrading of 1-storey terraced houses to 1½ storeys has also been seen in other mature housing areas such as OUG and the older parts of Petaling Jaya,” he says. Bandar Kinrara also performed well for the single-storey terraced category. Nabeel says 1-storey terraced houses in Bandar Kinrara are among the most affordable choices with easy accessibility and good amenities and environment. DOUBLE-STOREY TERRACED For the double-storey terraced segment, price growth was minimal throughout Greater Kuala Lumpur as only USJ 6 in Subang Jaya saw movement Q-O-Q, with a 14% rise. According to Nabeel, USJ 6 house prices tend to be lower compared with similar units in USJ 4. “The rise in house prices in USJ 6