MORE foreign buyers are expected to fill in the local property market in 2020 as a result of floor price threshold reduction for foreigners, said Juwai IQI Group ED Kashif Ansari. According to a survey conducted by Juwai IQI, Ansari said 80% of real estate agents anticipated more foreign customers for the next 12 months...
Read moreSUBANG JAYA (Jan 7): Sunway Bhd’s property division, Sunway Property has set a sales target of RM2 billion in 2020. It has recorded RM1.55 billion in sales in 2019 surpassing the year’s target of RM1.3 billion. Unbilled sales stood at RM2.8 billion to date. Speaking at a media briefing today, Sunway Bhd property division managing director...
Read moreKUALA LUMPUR (Jan 4): The Malaysian government is seeking bids for land owned by Gandingan Mentari Sdn Bhd, a wholly-owned subsidiary of SRC International Sdn Bhd, The Edge Malaysia reported this week. Using documents sighted by the weekly, the report revealed that the government “hopes to be able to fetch close to three times the price Gandingan...
Read moreKUALA LUMPUR (Jan 4): It was supposed to be among the country’s first projects be integrated with a light rail transit (LRT) station and be a major landmark in the city. But the Asian Financial Crisis of 1997 meant Plaza Rakyat in Jalan Pudu was halted by the developer when only 30% completed. The Edge...
Read moreSHAH Alam and Ara Damansara both are the most searched areas on the iProperty.com.my website by Malaysian homebuyers in 2019. Ranked according to consumers’ search behaviour data by the property website’s big data solution iPropertyIQ.com, these two areas recorded the highest number of searches from January to November 2019, with 34.12%. The property website said one thing...
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