News by Natalie Khoo

Noteworthy:
● Built-up: 1,076 sq ft
● Freehold
● Fully-furnished
● 2 bedrooms; 2 bathrooms
● Accessible via Penchala Link, Federal Highway, Damansara-Puchong Expressway and Sprint Highway

When: August 2020

“Always look at someone’s strength. You can look at someone’s weakness all the time and you start hating the person for it.”

ParkCity Group CEO Datuk Joseph Lau: You need to be proactive, don’t wait for them to tell you the issues.

Intrigued to buy a property here? Arm yourself with these seven facts from EdgeProp Research before you start your shopping.

Factors such as home affordability, job security and tight bank lending requirements remain the key concerns for Malaysians.

“The overhang situation will not be relieved if consumers cannot afford to buy a house."

MIPFM president Adzman Shah: However, there is no strong incentive to boost the property market especially for properties above RM500,000 and nothing really significant to boost property investment

KGV International Property Consultant (Johor) executive director Samuel Tan: These schemes are impactful only when fundamentals like location, quality and unit sizes match the buyers' needs and requirements. The RTO scheme is good but should not be limited to PRIMA. Other developers should be encouraged to participate in such schemes.

The association lauded the government’s proposal for a stamp duty exemption on loan agreements and Memorandum of Transfer (MOT) where ‘white knight’ contractors are reviving abandoned projects with the original house buyers of abandoned housing projects be extended for a further five years to December 2025.