Developer clears unsold units by adapting products to customers' needs
Myra takes a personalised approach in serving its customers in order to best know and meet their needs
More turning to property refinancing for cash
Refinancing a home loan means replacing the current one with a new one and it only makes sense to do so if the new one offers greater benefits than the existing one such as lower interest rates, shorter mortgage terms or is more flexible.
DONE DEAL: Factory, Port Klang, Selangor
Rented for: RM68,000 (RM1.40 psf); Concluded by: Norman Soo (REN 20639) (017-309 0128) of CID Realtors Sdn Bhd ; When: January 2020
DONE DEAL: D’Villa Botany 2-storey semidee house, Kota Damansara, Selangor
Sold for: RM2.6 million (RM525.15 psf); Concluded by: Ann Soh (REN 03232) (018-369 8650) of Metro Rec Sdn Bhd; When: December 2019
DONE DEAL: Unit at 11 Mont'Kiara, Kuala Lumpur
Sold for: RM3.28 million (RM886.24 psf); Concluded by: James Lai (PEA 1933) (016-311 6092) of Property Hub Sdn Bhd; When: February 2020
Incentives for foreign property buyers needed
Associated Chinese Chambers of Commerce & Industry of Malaysia (ACCCIM) head of taxation committee Koong Lin Loong: To create greater vibrancy, we need more foreign buyers to come in as there are only limited local buyers in the market. This is what the newly announced ERP lacks
Brand new properties going under the hammer
“There were quite a number of recently completed units that went under the hammer last year, some of which have been left vacant although they are in good locations.”
