Beringin Residence in Damansara Heights.



"If you are talking about the RM2 to RM3 million range, the capital appreciation can be astounding. One example is Beringin Residence in Damansara Heights. A client of ours bought a unit there for RM1.7 million in 2007 and is now being offered RM2.9 million. That is about 70 percent capital appreciation," says Victoria Chai of Savills Rahim & Co Prestige Homes department.

Chai further explains that luxury homes within this price range tend to appreciate more as they are in great demand due to their limited supply and location.

Likewise, rentals for landed homes are showing signs of recovery. According to JLW, rental values for landed homes across all sectors have improved in the fourth quarter with detached landed homes in the city's prime areas like Bangsar, Damansara Heights and Taman Tun Dr Ismail (TTDI), showing the greatest recovery

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