Category Archives: Market Trends

Penang Market To Moderate In 2014

The Penang property market is expected to slow in 2014, with fewer project launches and reduced transactions, but prices are expected to remain stable. Real Estate Housing Developers’ Association (Penang) Chairman Datuk Jerry Chan attributed the slowdown to the government’s … Continue reading

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Foreigners To Pay More In Johor

Foreigners looking to buy a home in Johor will face significantly higher charges from next year when the current RM10,000 (S$3,900) charge is replaced with a processing fee based on a percentage of the property’s value. State Executive Councillor for … Continue reading

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Property Prices In Main Cities To Rise By 10% in Malaysia

Residential property prices in the main cities are expected to climb by a steady 10 per cent this year, said PPC International Sdn Bhd chief executive Siva Shanker. He said with the new property financing guidelines imposed by Bank Negara, … Continue reading

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Prices Continue To Rise Despite Cooling Measure

Despite numerous government attempts to cool the market, property prices in Singapore have continued to rise in many sectors during the second quarter of 2013. The latest data from the Urban Redevelopment Authority (URA) showed prices for private homes in … Continue reading

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Damansara Perdana The Next Golden Triange?

Damansara Perdana used to be an orang asli community until developer MKLAND Saujana Triangle Sdn Bhd bought most of it over and started developing in 1996. Since then, Damansara Perdana has flourished quickly to become one of the best selling … Continue reading

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Mammoth Empire To Develop RM4b Project

KUALA LUMPUR (July 9, 2013): Mammoth Empire Holdings Sdn Bhd, the developer of Empire Subang, has teamed up with Iskandar Investment Bhd to start a RM4 billion mixed development project in Iskandar Malaysia, Johor. Construction work on the 9.5 hectares … Continue reading

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S’porean Investors Apparently Undeterred By Proposed Johor Property Tax Hike

Plans to raise property tax rates for foreign home buyers in Johor at the end of the year appear not to deter Singaporeans from buying units at the Afiniti Residences in Medini Iskandar Malaysia. SINGAPORE: Plans to raise property tax … Continue reading

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Home Prices In Penang On The Uptrend: REHDA

Prices of residential properties in Penang will likely continue to increase this year due to higher land and building compliance costs, according to The Real Estate and Housing Developers’ Association (REHDA Penang). “The market will stay bullish amid rising demand … Continue reading

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DAP Wins All 19 Seats In Penang

Democratic Action Party (DAP) has won all 19 seats it contested in Penang, state chief minister Lim Guan Eng has announced. The announcement was made by Mr Lim to reporters at his Air Putih operations centre. This makes it almost … Continue reading

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Price Boom In Iskandar Malaysia

WHEN we first heard about Iskandar Malaysia back in 2006, there was a fair bit of skepticism. Many of us wondered, “Where is this Iskandar Malaysia?” Today, the skepticism and doubts about Iskandar Malaysia have turned into confidence, to judge … Continue reading

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