A real test and the catalysts for Iskandar Malaysia
Holding power and innovation are the key until the next catalysts emerge
Holding power and innovation are the key until the next catalysts emerge
Concerned about the mismatch of supply and demand of high-rise properties, the Johor government has also issued a freeze on new applications to build serviced apartments at the end of 2014.
Developers' interest in the area has heightened, thanks to its upcoming high-profile neighbour, Bandar Malaysia.
Fragmented home building sector has to be consolidated.
Property prices in Kuala Lumpur, Penang and Johor have outstripped the national median housing price of RM242,000, which is already considered "seriously unaffordable" at 4.4 times the national median annual household income of RM55,020.