Balconies as functional spaces
Malaysians, what do we do with our balconies? Hang out our laundry? Have a few potted plants for some semblance of a garden? The go-to place for smokers in the family?
Malaysians, what do we do with our balconies? Hang out our laundry? Have a few potted plants for some semblance of a garden? The go-to place for smokers in the family?
It is a high-end, high-rise luxury condominium comprising 290 units of “sky villas” spread across two towers (37 storeys each) with a gross development value (GDV) of RM950 million
Tower B of Mah Sing Group Bhd’s Ferringhi Residence 2 in Penang recorded an 84% take-up rate over a weekend.
The Kuala Lumpur-Singapore High Speed Rail (HSR) will be a boost to properties near the stations, if the fares are reasonable.
Affordability and improving infrastructure are the town’s main draws
“The market in Malaysia is too skewed towards the residential sector and not enough focus is being put into the development and promotion of alternative asset classes. We have to start revitalising other sectors in the property market.”
“The property market is going through a structural change as key property market drivers are also experiencing structural changes.”