Adapting to Iskandar’s market demand
DEVELOPERS have begun to make adjustments to mitigate the slowdown in Iskandar Malaysia’s property market.
DEVELOPERS have begun to make adjustments to mitigate the slowdown in Iskandar Malaysia’s property market.
PETALING JAYA (October 21): Despite the slowdown in the property market, there are no fire sales on the secondary market because of the strong holding power of Malaysian buyers, said Stephen Yew, executive director of The One Property International Sdn Bhd.
KELANA JAYA (Sept 11): Weak consumer and industry sentiment is expected to continue slowing the property market in the second half of the year (2H2015), said the Real Estate and Housing Developers Association of Malaysia (Rehda).
GEORGE TOWN (Aug 18): The Goods and Services Tax (GST) implemented in April this year is affecting property players and estate agents.
KUALA LUMPUR (June 19): Mah Sing Group Bhd expects sales to pick up in the second half of the year (2H2015) following sales of just RM761 million in the first four months of the year – or 22% of their RM3.
KUALA LUMPUR (June 18): Mah Sing Group Bhd, which sold RM761 million worth of properties between January and April this year, expects sales to be better in the second half (2H) of 2015.