On bringing down property prices
"In Kedah, to build a single storey terraced house, the percentage of compliance cost used to account for only 5% of construction cost in 2008. But this has increased to 13% this year."
"In Kedah, to build a single storey terraced house, the percentage of compliance cost used to account for only 5% of construction cost in 2008. But this has increased to 13% this year."
"What we’re experiencing isn’t close to other countries which are having negative interest rates like certain countries in Europe and Japan."
"If people find developers who are desperate to ease their cash flow lowering their property prices, please grab it."
EcoWorld’s balance sheet is expected to remain healthy and accommodative for its aggressive expansion plans.
A look into the crsytal ball...
The group’s revenue growth was mainly driven by higher rental reversions from both Mid Valley Megamall and The Gardens Mall…
Axis REIT’s 9MFY16 revenue increased marginally to RM125 million (+0.9% y-o-y), driven by additional contribution from Beyonics i-Park Campus, Johor, and better rental reversion rates across its other properties…
Dressed in a monochromatic striped sweater and ensconced in one of the snug leather armchairs in his office, Kenny Tan, chairman and CEO of Link (THM) Group, says: “The property market is very challenging.”
Hua Yang’s focus and experience in the affordable segment will serve it well in this challenging operating environment, We expect its township projects to perform better than the other segments.
These measures should relieve the burden of first-time homebuyers slightly...