Titijaya Land Bhd is developing projects targeted at young adults and families or homeowners who are looking at upgrading to bigger homes. “Gen Ys that have joined the workforce for a number of years are looking to purchase a home of their own. Most will be looking for smaller homes in the city or suburban areas that are easily accessible and prefer developments that offer many amenities. I find that this group of homebuyers appreciate eco-friendly and futuristic concepts integrated into the design. The lifestyle of Gen Y homebuyers also revolves around convenience, hence the need for amenities to be close to home,” says Lim Puay Fung, executive director of Titijaya Land.

PROPERTY transaction costs and taxation are becoming increasingly important considerations for investors. Global consultancy Knight Frank in its recently launched Global Tax Report developed jointly with Ernst & Young revealed that indicative property tax costs can range from as low as 3.5% or 3.6% of the property price in Monaco and Dubai, respectively, to over 30% in Sao Paulo.

The weaker-than-expected sales were predominantly due to a prolonged challenging environment in the property market stemming from high-loan rejection rates, especially in the affordable housing category, and delay in launches.

S P Setia's Setia EcoTempler project is coming up in Rawang. A major attraction is the developer's efforts to maintain the existing flora and fauna, creeks and lakes. This will be The Legend of the Nine Creeks. 

According to TheEdgeProperty.com’s estimation, Bukit Bintang’s non-landed residences have the highest average asking price psf at RM1,211 psf, and you can only probably afford a space as small as 412 sq ft for RM500,000.

Real estate trends in developed countries are interesting as they give an idea of how homeowners’ behaviours and tastes are evolving. Here are landmark changes taking place around the world.

Located to the east of Bali is the less famous Indonesian island of Lombok. The 4,725 sq km island boasts pristine beaches and is known as a great surfing spot. Apart from white sandy beaches, it has mountains, forests and waterfalls as well as great hiking trails.

Average prices have grown modestly across the market, buoyed by the flurry of development activity in the vicinity. The highest relative price growth can be found at Laman Baiduri, with the average price up 29.3% y-o-y to reach RM656 in the 12 months to 1Q2015.

It is the strength of a neighbourhood community that enhances the value of a property in the long run, says veteran property developer Tan Sri Teo Chiang Kok.

Protasco Bhd is adopting the new urbanism concept in its maiden project, De Centrum City, in Kajang, Selangor. The group, which is known more for its infrastructure construction and engineering businesses, is aiming high with its property development division.