With a gross development value of more than RM30 billion over 1,800 acres of land, Sunway Iskandar is one of the largest township projects in the country and comprises six precincts – The Lakeview, The Parkview, The Riverside, The Marketplace, The Seafront and The Capital. Each precinct is designed to be self-sustainable while offering a wide range of amenities.

What does emergency mean? 

Perhaps, a new set of contract of sale should be prescribed in the proposed new Schedule K (Post CC: Land & Building) and Schedule L (Post CCC: Stratified Property) to be included in the HDR.

Knight Frank through its Global Buyer Sentiment Survey 2020, published along with its Global Buyer Survey 2020 released in August 2020, has identified five nascent trends due to the pandemic across the globe.

Having been confined at home for longer than usual, many have begun to rethink what they truly want in a home. Is it faster Internet speed? More greenery? A safe and well-equipped development?

In Colliers International’s Asia Pacific Market Snapshot 3Q2020 report released recently, markets such as Singapore, Taiwan and China have seen a resurgence in transactions over the quarter under review, with the commercial and logistics sectors being the key areas of focus.

There were 56 super-prime transactions worth of £1.13 billion (RM6.06 billion) recorded in the first eight months of this year compared to 57 transactions worth of £977.5 million the same period last year.  

The states with the strongest forecast price growth over the next two years are Penang and Perak, with price growth of 15.9% and 14.3%, respectively, said the report.

General-secretary J Solomon said thousands of lowly-paid workers had either lost their jobs or are clinging to it, making them unable to service their loans at this time.

It is too simplistic to conclude that the high number of overhangs is the end result of high house prices that have gone far beyond people’s affordability level.