Iskandar Malaysia properties to see 5% price hike (minimum)
(I was just away in China for a week and arrived home with several good news on Iskandar within a week…how can we not be more bullish?)
Aug 30, 2012
Land prices have also climbed since Iskandar was launched around six years ago.
He expects that properties in Iskandar will continue to see healthy demand amid the unfavourable property market, with interest coming mainly from “first time house buyers and upgraders as well as Malaysians working in Singapore”.
These buyers are expected to follow through with their purchases as they had anticipated the price increases. Moreover, they have strong purchasing power due to the strong Singapore dollar.
- Upbeat views on Malaysian property (rightways.wordpress.com)
- Malaysian property market remains resilient: housing robust but commerical glutted (rightways.wordpress.com)