UEM Sunrise to diversify landbank beyond Nusajaya
Of all the property stocks, UEMS has the highest exposure in Johor; about 77% of its landbank is in this region
Of all the property stocks, UEMS has the highest exposure in Johor; about 77% of its landbank is in this region
The Chinese government has relaxed its grip on the property sector, including lifting home purchase restrictions in most cities
KLCC's prices are stagnant, transactions are down, and rents face downward pressure
but well-managed residences are expected to fare well
Due to cooling measures, overall average prices fell 3.2% quarter-on-quarter in 1Q2015 to RM749 psf from RM774 psf in 4Q2014
With condominiums in the KLCC area generally targeted towards the elite and expatriates, rental rates can vary quite widely across developments
KL’s impending office supply has been a concern to the market since last year, said DTZ
KLCC is the country’s most expensive address. In the 12 months to 3Q2014, about 23% of transactions were for properties in the RM1,001-RM1,200 psf range, followed by 19.5% for the RM801-RM1,000 psf range.
Maintaining momentum from the previous quarter that recorded RM1.7 billion, the total investment sales volume in Malaysia for 1Q was estimated at RM1.6 billion
The most expensive address in the KLCC area belongs to The Binjai with an average transacted unit price of RM5 million
Prices in the KLCC area have generally stayed stagnant over the past two years, although average transacted prices have remained above the RM1,000 per square foot (psf) mark since 1Q2013