News about property

With units priced from RM350,000, the freehold project is offering 463 medium-range apartment units over two blocks, of which 50% were already taken up during its recent soft launch on Jan 28 and 29.

Market will grow as there is stability in the country Secondary market is expected to perform from pent-up demand The Malaysian property market is expected to improve in 2023 as long as the fundamentals and government’s support through incentives are in check, according to the Malaysian Institute of Estate Agents (MIEA).

Sedimi Property Development is 30% owned by Tech Max Construction Sdn Bhd, 20% by Lim Chee Ling, 15% each by Chen Kim Lon, Ee Cao Xian and Ng Chee How, and 5% by Shariffah Maznee Noor Osman.

In a research note on Friday (Jan 27), RHB stated that the new Budget 2023 could see a downward revision or reallocation of the previously budgeted RM95 billion development expenditure, while the sizeable Borneo block n the unity government will have positive implications for higher revised expenditure for Sarawak and Sabah.

Arika will have 668 units of “various practical layouts available to promote a lively community”, and 26 commercial units.

The Sail, with a gross development value (GDV) of RM6.

Residential market's transactions expected to increase Industrial market’s demand surges It was an interesting year in 2022 for the Malaysia property market as we saw several initiatives by the government and improvements in sentiment among buyers and developers which led to what seemingly was a post-pandemic recovery phase for the sector.

BPS said the sales were achieved in the same year the power station opened to the public following a transformational eight-year restoration.

Rosalia offers 4 bedrooms and 3 bathrooms, a built-up area ranging from 1,685 to 1,761 sq ft, and priced from RM560,000 with a total GDV of RM95 million.

“Chancery, with its strategic location and exclusive facilities, is an ideal opportunity for investors looking to upgrade their property portfolios or to expand them, as well as to consider long-term gains through rental income.