News about property

KLCC Property Stapled Group (Jan 22, RM7) Maintain hold with a target price of RM7.

A new player in the property market, YGS Property Development Sdn Bhd is starting its journey with a 278-unit serviced apartment development in Bandar Puchong Jaya — one of the popular areas for first-time homebuyers.

•    With the abundance of space on the mainland, property prices remain affordable.

  This week’s spotlight shifts outside to the secondary market for non-landed residences on Mainland Penang.

KUALA LUMPUR (Jan 21): The Johor property market will see “good buys” in the second half of the year, as more auctioned properties become available in the market, according to KGV International Property Consultants (M) Sdn Bhd director Samuel Tan (pictured).

  Here are the price growth trends and indicative asking rental yields for non-landed residences in Southwest Penang.

KUALA LUMPUR (Jan 20): Property prices are expected to consolidate further to the House Price Index (HPI) 15-year, long-term average of 5.

  Here are the average prices of non-landed residential property in Southwest Penang on a per square foot (psf) basis.

  Northeast Penang is perceived as the upmarket part of the island, but Southwest Penang is becoming more appealing with numerous projects underway related to the Penang Second Bridge and Penang Transport Master Plan.

  This week’s spotlight falls on non-landed residences in Southwest Penang island.