Will the prices of Penang houses, considered expensive, drop because of the soft market conditions?

While Puchong is now an established neighbourhood, prices generally remain lower than those in Petaling Jaya.

The cooling measures should lead to moderation in demand for investment property with a consolidation of prices in Melbourne and Sydney. We expect buyers’ sentiment to be dampened in the short term.

Glomac’s FY16 property sales were weak at RM304 million, a decline of 40% y-o-y and 40% below management’s initial target.

It will be a development comprising serviced apartments, SoHos and commercial units. Titijaya plans to launch the project early next year and complete it in 2021.

The landscape in Puchong has undoubtedly changed. While once it was dominated primarily by low-cost flats and apartments, today the skyline includes office towers, malls and modern condominiums.

While Brexit will cast into question whether the remaining £6 billion (RM35.22 billion) GDV of Battersea can be realised, the risk of weakening demand for London property is mitigated by undersupply of housing in the city.

We should avoid taking the easy way out; way forward is always education.

For Sunsuria Bhd, developing the freehold, 525-acre Sunsuria City in Salak Tinggi has been a journey of faith. The core of the township, which has a gross development value (GDV) of RM10 billion, is the 150-acre Xiamen University Malaysia, China’s first overseas campus. The rest of the township will grow around the university.

Capital values in Puchong have continued to appreciate albeit at a more moderate pace in the 12 months to 1Q2015.