FGV-appointed surveyor defends valuation report on luxury condos

KUALA LUMPUR (Oct 2): The surveyor appointed by FGV Holdings Bhd has today defended his valuation of the two luxury condominiums, saying that the valuation report was produced in compliance to the standard issued by the Malaysian Board of Valuers, Appraisers, Estate Agents and Property Managers.

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What’s a fair price for Perak MB’s Residence?

PETALING JAYA (Aug 8): The Perak Menteri Besar’s (MB) Residence along Jalan Raja Dihilir, Ipoh could probably command between RM120 – RM150 psf based on previous transactions on the same street, the size of the land and its prime location.

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CBRE | WTW: No news on DIBS, RPGT is good news

KUALA LUMPUR (Oct 27): CBRE | WTW viewed the government’s move of not reintroducing the developer interest bearing scheme (DIBS) and maintaining the current real property gains tax (RPGT) rate in Budget 2018 as positive.

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Soft market, new opportunities

While there was a sharp drop in the volume of transactions across all subsectors in the property market last year, average prices per unit are still increasing 5%, says CBRE | WTW managing director Foo Gee Jen in presenting the Malaysia series of the property consultancy firm’s Asia-Pacific Real Estate Market Outlook for 2017.

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