Shop overhangs shot up 54.3% to 7,754 units in 1H17
As of June 2017, the existing stock of shopping complexes stood at 15.1 million sq m.
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.
“Fail to do so within the timeframe [and] we will intervene, as we are always on the buyers' side.”
Paradigm Mall Johor Bahru features 20,000 sq ft of indoor ice-skating rink and 35,000 sq ft of gourmet supermarket.
‘Removal of withholding tax will draw more investments in REITS’
In the world’s most expensive housing market.
Pavilion REIT said total property operating expenses increased by 17% to RM43.19 million from RM36.83 million, as a result of higher maintenance cost incurred.
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