PETALING JAYA: Prices of high-end properties in Kuala Lumpur are expected to surge upward, no thanks to foreign buyers who are scooping up luxury homes, said Universiti Teknologi Malaysia property economics and finance associate professor Dr Muhammad Najib Razali. “As a consequence of this, Malaysians in the middle and upper-middle-income brackets will find it increasingly difficult to afford...
demand
PETALING JAYA: Johor experiences the strongest property demand by foreigners and momentum is expected to continue, driven by increased interest from Singaporean buyers, according to DataSense real estate intelligence head Dr Lee Nai Jia. Based on its Property Market Outlook Report 2024, Iskandar Puteri in Johor witnessed the highest percentage of foreign demand, mainly from Singaporeans and its...
PETALING JAYA: Creative Lab by Niro Ceramic Group is capitalising on the growth of Malaysia’s construction industry, with increasing demand for ceramic tiles. Creative Lab Sdn Bhd general manager (retail) Tay Ching Teck said that in 2022, the Malaysian construction industry experienced year-on-year growth of 10%. “As a result, there has been increased demand for tiles, primarily driven by new...