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Average price of new apartment in Malaysia hits RM582,887 in Q1: Juwai IQI

KUALA LUMPUR: The average price for a new apartment in Malaysia reached RM582,887 in the first quarter of 2024 (Q1’24) while the average subsale sales price was at RM521,614, according to real estate technology group Juwai IQI. Its co-founder and group CEO Kashif Ansari said these average prices are slightly higher than those reported by National Property Information Centre (Napic) for 2023, which...

S P Setia exceeds FY23 sales target, hits RM5.1bil

KUALA LUMPUR: S P Setia Bhd recorded total sales of RM5.1bil in the financial year ended Dec 31, 2023 (FY23), outperforming its target of RM4.2bil by 21%. The developer said the higher sales was driven by strong demand for the group’s offerings and land monetisation. Its local projects accounted for a significant...

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