Housing in Malaysia: An issue of affordability, not availability
Supply has outstripped demand, but the costs of land and building prohibit the lowering of prices much more.
Supply has outstripped demand, but the costs of land and building prohibit the lowering of prices much more.
With the new cooling measures, Singaporeans buying their second property will now have to pay 12% ABSD from the previous 7%. Singapore PRs will now have to pay an ABSD of 15%, from the previous 10%, when they purchase a second residential property, while foreigners buying residential property will have now have to pay 20% ABSD from the previous 15%.
The 12 food and beverage and lifestyle tenants at Gardens Mall’s new retail space include Wendy’s, Watsons, San Francisco Coffee and Ko Hyang.
Similarly, in its latest township development Gamuda Cove, the upcoming development’s master plan shows a meticulous integration of commercial, residential and leisure components with nature.
Kimlun has secured new construction contracts with total value of RM400 million. Its outstanding construction order book now stands at around RM1.7 billion.
On the back of a significantly better property Ebit margin of 40% contributed from projects in Johor, Melaka and Ipoh on better operating efficiency and product mix.
Its 10MFY18 new property sales came in at RM2 billion, boosted by the launching of the #OnlyEcoWorld campaign in June 2018.
Maybe not. Find out what the experts say.
Do you know that more than 60% of the recently released Hollywood blockbuster Crazy Rich Asians was shot at Malaysia’s very own Carcosa Seri Negara?
Key contributor of 1QFY19 sales was Plaza @ Kelana Jaya (Block B launched in June, gross development value (GDV) RM144 million, 60% sold).