Increased costs of high-end projects

KUALA LUMPUR (Sept 14): Most property developers are glad that the weakening ringgit has minimal impact on their development costs, but high-end projects which have more imported building materials, may be affected.

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Cautious sentiment in Johor remains in 2Q

THE Goods and Services Tax (GST), the weak domestic and global economy, and the uncertain local political situation worsened sentiment in Johor’s property market in the second quarter of the year.

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DONE DEAL: Tiffani Kiara, Mont’Kiara, Kuala Lumpur

Sold for: RM1,200,000 (RM748psf) Concluded by: Raphael Wong of Real Estate Finders (016-233 5485) When: April, 2015 Noteworthy: * 1,604 sq feet * 3+1 bedrooms, 3 bathrooms * Freehold * Developed by Ireka Corp Bhd * Completed in 2009 * 2 blocks * 399 units * Block A (9 units per floor), Block B (3 units per floor) * Mid floor * Stunning view of KLCC * Fully furnished * 2 car parks * 0.

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