Luxury

Luxury property prices set to soar due to foreign demand

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...

Steady outlook for luxury condominium segment

THE rebound in the country’s residential property market is expected to spur the high-end condominium segment, which has remained soft for several years.According to the National Property Information Centre, the residential property segment continued to drive the market during the first half of this year, accounting for...

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