Will slowdown make houses more affordable?
THE extraordinary boom in the property market in Malaysia is ending but high house prices and the middle-class obsession with home ownership are likely to persist for a long time to come.
Rising, falling, rising? Market observations for the first half of 2015
MALAYSIA: OVERALL RESIDENTIAL PROPERTY MARKET There was an overall contraction of the Malaysian residential property market in the first half of this year (1Q2015) compared with 1Q2014, according to figures released by the National Property Information Centre (Napic).
A real test and the catalysts for Iskandar Malaysia
THE current cautious sentiment and oversupply situation in Iskandar Malaysia are making it tough for developers and investors to unload their properties — it can take months to dispose of a property and even then, it may have to come with a double-digit price cut, according to Chestertons Singapore managing director Donald Han.
Johor’s subsale market sees slight increase
JOHOR BAHRU (Oct 10): Despite sales having been impacted by weak market sentiments, the subsale market in Johor has recently seen a marginal increase of 5% in selling price, with buyers’ interest mostly concentrated on landed properties.
DONE DEAL: Mont’Kiara Pines condominium, Kuala Lumpur
Sold for: RM875,000 Concluded by: Dion Diong of Putra Realty (012 275 1245) When: Early 2015 Noteworthy: - Freehold - Block A - 26th floor - Built-up area: 1,268 sq ft - 3 bedrooms, 2 bathrooms - Fully furnished - Two parking lots (covered) - Views of KL's city centre - Facilities include: a gymnasium, swimming pools, jogging path, courts for tennis, squash and badminton, a playground, barbecue area - Next to the project is Mont’Kiara Shoplex, which offers F&B outlets such as Taiko Japanese Cuisine, Las Vacas and Hagen Bake & Brew Mont’Kiara Pines is one of the oldest condos in Mont’Kiara.
City & Country: How quiet is Klang Valley's residential market?
THE Klang Valley residential property market was generally quiet with very few launches in the first quarter of 2015, says Savills Malaysia associate director Nabeel Hussain.
Home prices trend sideways on Johor secondary market
PRICES of homes on Johor Baru’s secondary market remained firm in 1Q2015, according to The Edge-KGV International Property Consultants Johor Baru Housing Monitor for the period.
Kelantan property market moderates
KUALA LUMPUR (May 12): The Kelantan property market was moderate in 2014, with 9,425 transactions totalling RM1.
More completions recorded in Perlis’ residential sub-sector
PETALING JAYA (May 11): The property market in Perlis recorded a total of 3,927 transactions last year, up 9.
Some Pahang purchasers adopting a wait and see stance
PETALING JAYA (May7): The Pahang property market recorded a 9.
