Treading cautiously while remaining optimistic
Mixed views on when the economy and the property market will improve
Mixed views on when the economy and the property market will improve
On closer inspection, the growth in average price is derived from a lack of transactions in the relatively lower-end segment. Few observed projects displayed significant actual appreciation in capital values.
Fewer transactions are also anticipated.
Of the top five most expensive projects, most of them (with the exception of The Troika) have smaller than average unit sizes in order to cater to different needs.
Yi-Lai, which is largely off the radar of many investors, would see an exciting transformation ahead.
Australia-based Resimax’s upcoming project — Morang Views — to be developed jointly with Universal Corp, is located in South Morang, 23km southeast of Melbourne’s central business district.
KLCC remains the most exclusive address in the country, with prices here reflecting the prestige of living in the heart of the city.
Despite the challenging property market environment, Paramount’s pipeline launches are carefully chosen to ensure more sustainable sales.
It is bucking the trend by launching its first Kuala Lumpur project — Novum at South Bangsar — on March 12.
This week, the spotlight falls on the secondary market of non-landed residences within the KLCC nucleus.