Residential property loans grew to 8.8% of household debt as at July 2017
“The bulk of household debt was for wealth accumulation with 63% secured by properties and principal-guaranteed investments.”
“The bulk of household debt was for wealth accumulation with 63% secured by properties and principal-guaranteed investments.”
The Kuala Lumpur rental index rose by 3.7% to 133.5 points.
As of June 2017, the existing stock of shopping complexes stood at 15.1 million sq m.
Growth was due to the rebound in starts for shops and serviced apartments.
The Malaysian House Price Index grew moderately to 184.1 points in 2Q2017 from 174.4 points a year ago.
Notably, the overhang in 1H2016 only rose by 28.3% in 1H16 from a year ago.
Due to continued access to housing loans, especially for first-time homebuyers.
S P Setia Bhd’s 24-storey Eco Sanctuary in Singapore picked up the Development Innovation Award at the inaugural EdgeProp Singapore Excellence Awards 2017.
Sapphire By The Gardens has taken the title of Melbourne’s most expensive apartment for sale, with a A$29 million (RM95.54 million) price tag.
TRX Residences will comprise six towers of 40 to 57 storeys each that will offer a total 2,400 homes.