Cheras KL shines in a gloomy market
Terraced houses here continue to be in demand.
Terraced houses here continue to be in demand.
In an international community that has become more complex, the role of other stakeholders — the business sector and civil society — is becoming more important than ever.
Rental yields in Puchong are decent, with the average indicative rental yield at about 4.4%.
Will the prices of Penang houses, considered expensive, drop because of the soft market conditions?
While Puchong is now an established neighbourhood, prices generally remain lower than those in Petaling Jaya.
The cooling measures should lead to moderation in demand for investment property with a consolidation of prices in Melbourne and Sydney. We expect buyers’ sentiment to be dampened in the short term.
Glomac’s FY16 property sales were weak at RM304 million, a decline of 40% y-o-y and 40% below management’s initial target.
It will be a development comprising serviced apartments, SoHos and commercial units. Titijaya plans to launch the project early next year and complete it in 2021.
The landscape in Puchong has undoubtedly changed. While once it was dominated primarily by low-cost flats and apartments, today the skyline includes office towers, malls and modern condominiums.
While Brexit will cast into question whether the remaining £6 billion (RM35.22 billion) GDV of Battersea can be realised, the risk of weakening demand for London property is mitigated by undersupply of housing in the city.