In Depth

City & Country: CEO Round Table: Penang’s magic comes at a price

AS THE local property sector braces for a tough year ahead, Penang’s real estate developers are appealing to the state to lower their cost of development.

In 2012, the state government increased the cost of development by introducing new contribution charges and raising existing ones.

City & Country: Knight Frank: Few launches, focus on sale of leftover units

IN THE second half of 2014, Kota Kinabalu saw few launches across all sectors with most developers focusing on the sale of leftover units from earlier launches. However, the overall outlook continues to be optimistic in the medium to long term, according to Knight Frank’s Kota Kinabalu Market Outlook for 2H2014.