SkyWorld to launch RM1.6 bil GDV of projects this year
SkyWorld Development Group targets to launch four to five projects with an estimated gross development value (GDV) of RM1.6 billion this year.
SkyWorld Development Group targets to launch four to five projects with an estimated gross development value (GDV) of RM1.6 billion this year.
The master plan, accessibility and future value appreciation are often taken into consideration in the decision-making of a property buyer today, said Eco World Development Group Bhd divisional general manager Datuk Hoe Mei Ling.
Real estate agents should constantly improve their industry knowledge and marketing skills so they are able to overcome market challenges, says property developer and managing director of Impetus Alliance Advisors Sdn Bhd Datuk Seri Michael Yam.
SkyWorld Development Group’s SkyAwani 2 Residences’ Tower B was fully taken up within two hours at the official launch last weekend.
Kedah, Perlis and Penang will see a 5% growth in transactions for residential properties despite the overall property market slowdown, according to Raine & Horne International Zaki + Partners Sdn Bhd.
Johor’s landed property prices could decline up to 30% this year, says Landserve (Johor) Sdn Bhd executive director Wee Soon Chit.
Knight Frank Malaysia expects 2017 to remain as an office-tenant-favoured market due to more incoming supply in 2017 and 2018.
“The bottoming effect can be seen. Malaysia’s residential absorption rate is now at a 14-year low while the major states are seeing nine to 10-year lows,” said Kenanga Investment Bank Bhd head of equity research Sarah Lim.