THE residential property market, which has seen steady growth so far this year, is expected to continue its positive trajectory for the remainder of 2024, according to property consultants.Despite the upbeat outlook, they expect moderate growth in terms of value and volume. Source link...
THE high-rise residential property market is showing promising signs of growth, despite the influx of new units and prevailing oversupply situation.Given the land scarcity in the city and its rising construction costs, Savills Malaysia Sdn Bhd group managing director Datuk Paul Khong says high-rise properties will...
PETALING JAYA: Malaysia’s property market showed positive growth in the third quarter of 2023 with a 3.7% increase in volume and 22.6% in value compared to Q3;22. More than 100,000 transactions worth RM57.15 billion were recorded in the review period. According to the director-general of valuation and property services department, the residential continued to support the overall property market...
SINGAPORE’S commercial shophouse sales received a boost in the second quarter of 2023, on the back of higher additional buyer’s stamp duty (ABSD) rates for residential properties.Between April and June 2023, 43 shophouses changed hands for S$414mil (RM1.4bil). This is up from the 32 deals in the previous quarter, a...
SINGAPORE: Foreigners are required to get government approval to buy land currently zoned as “commercial and residential” from Thursday. This follows changes to the Residential Property Act (RPA) to “safeguard residential land for Singaporeans”, the Ministry of Law (MinLaw) and Singapore Land Authority (SLA)...