Next on the people’s wishlist was for clearer and more up-to-date data on housing prices and supply
Notably, over a quarter (25.4%) of those selling their properties had been waiting for a buyer for more than two years now while 23.5% said they had been trying to sell their properties between one to two years.
Income disparity is still an issue where salary increment does not keep up with housing price growth, he adds.
Completed high-end condos that Hong Kong action-hero Donnie Yen and wife Cissy Wang were said to have visited included The Oliv on Balmoral Road, Bishopsgate Residences at the exclusive Bishopgate neighbourhood, Nouvel 18 on Anderson Road, and South Beach Residences on Beach Road.
Construction Research Institute of Malaysia (CREAM) technical expert Prof Dr Zuhairi Abd Hamid: Our country will certainly make full use of the transition in technology for the implementation of affordable housing projects, which will help to step up the adoption of IR4.0 elements in the construction sector.
With sustained strong overseas property sales and an expansion in local sales (more launches for Gamuda Cove, Gamuda Gardens and twentyfive.7 townships), Gamuda is targeting sales of RM4 billion for FY20.
Institut Masa Depan Malaysia (Masa) board member and acting chief executive officer Mohd Nizam Mahshar said the NEM did not seem to achieve its goals as problems like income and wealth gap between classes, races and territories, as well as extreme disparities in the supply chain, remained unresolved in the country.