“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.
Notably, the overhang in 1H2016 only rose by 28.3% in 1H16 from a year ago.
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.