For Sale In Klang Valley TZE (21st October 2023)

For Sale Below RM 1 mil
1) 288 Residency @ Kuchai Lama
2) Bayu @ Pandan Jaya, Cheras
3) Casa Residency @ Bukit Bintang
3) Desa Residency @ Kuchai Lama
4) Endah Villa @ Sri Petaling

5) Fraser Place @ Jalan Sultan Ismail
6) Kuchai Avenue @ Kuchai Lama
7) Livia Residence @ Cheras C180

8) M City @ Jalan Ampang
9) Marc Residence @ Kuala Lumpur
10) Mutiara Villa @ Bukit Bintang

11) The One @ Bukit Ceylon
12) Tiara Mutiara @ Kuchai Lama
13) Tribeca Serviced Suite @ Bukit Bintang

14) Zetapark @ Setapak

For Sale Above RM 1 mil
1) 6 CapSquare @ Dang Wangi
2) Banyan Tree @ KLCC
3) Kuchai Business Park @ Kuchai Lama

4) Mirage @ KLCC

5) Pavilion Hilltop @ Mont' Kiara

6) Pavilion Suites @ Bukit Bintang
7) Scenaria @ North Kiara Hills

8) The Pearl @ KLCC

9) The Ruma @ KLCC

10) Tribeca Serviced Suite @ Bukit Bintang

11) Troika @ KLCC

12) Tropica eVilla @ Seri Kembangan

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Property buying: It's all about the price post-MCO

Property buying: It's all about the price post-MCO

 

TAN AI LENG / EDGEPROP.MYMay 22, 2020

Many wise people have said that there are always opportunities in a crisis. Indeed, many residential property investors and homebuyers in Malaysia believe so as a recent survey found that there are potential property buyers out there looking for a good ‘catch’ in the current down market which has worsened due to the Covid-19 pandemic.

The survey on the ‘Behavioral pattern of residential property investors post MCO’ by KGV International Property Consultants also found that contrary to popular belief, potential homebuyers and investors are not panicking over the possible impact of the Covid-19 outbreak and the ensuing Movement Control Order (MCO) and conditional MCO.

“It was surprising to see that most potential buyers are not overly pessimistic despite the severe pandemic and the slew of other consequential economic shocks such as oil price crash and extremely volatile stock market,” the consultancy’s executive director Samuel Tan told EdgeProp.my.

Market Needs At Least Three Years To Clear Johor Property Overhang

Market Needs At Least Three Years To Clear Johor Property Overhang

Pavither • May 20, 2020

CBRE-WTW Managing Director Foo Gee Jen believes the market needs another three years to absorb the property overhang in Johor. 

The state posted the biggest overhang units for commercial and residential properties last year, accounting for 18.4% (5,627 units) of Malaysia’s residential property overhang and 55.9% (13,998 units) of commercial property overhang, reported The Malaysian Reserve.

Based on the 2019 Property Market Status Report of National Property Information Centre, majority of Johor’s overhang homes were condominium/apartment units priced at between RM600,001 and RM700,000.

The state also emerged as the primary contributor to the serviced apartment overhang, accounting for 71.2% or 12,207 units.

We have updated our reviews for new properties in Johor. Check them out! 

Foo noted that Johor’s property overhang is by and large located in Iskandar Malaysia, which is a favourite destination among foreign investors.

“The market has been experiencing a supply gush of serviced apartments since 2012 to 2013. The price tag of these investment-oriented serviced apartments is a mismatch to the affordability of locals,” he told The Malaysian Reserve.

“It could take three to five years for the market to absorb these unsold units.”

Although property prices in Iskandar Malaysia remains attractive compared to those in major cities in Southeast Asia, the market’s immediate challenge would be the weakened investment appetite among foreign property buyers in view of the Covid-19 crisis, said Foo.

Meanwhile, VPC Realtors (JB) Sdn Bhd Asia-Pacific property consultant Bruce Lee noted that Johor’s property situation is slightly different from that of Penang, Kota Kinabalu or Kuala Lumpur, due to the Iskandar Malaysia mega project.

“Although the overhang property units situation nowadays is not encouraging in Johor, given a period of another three years I personally believe Johor situation will resolve better than the rest as long as the government policy to welcome foreign investment is consistent,” he said.

Access Johor’s and other key markets’ price performance for free! 

“Generally, the overhang of serviced apartments will remain for the next few years, unless there is a major change of demography and infrastructure, or a sudden paradigm shift of people’s behaviour to live in serviced apartments that are more convenient to commercial amenities and facilities.”

Lee added that classifying serviced apartments as commercial properties led to severe misled information on the actual overall supply and demand situation of residential property.

Q Suite F620 @ Bandar Sri Permaisuri, Cheras (To Let)

Property: SOHO
Type: Corner
Tenure: Leasehold until 2114
Land Area: 12.5 acres
Built-up: 868 sq ft (558 sq ft + 310 sq ft)
Bedroom: Studio
Bathroom: 1
Occupancy: Vacant
Furnishing: Partly
Parking: 2 (Tandem)
Facilities: Yes
Remarks:
GPS/Location: 3.102417, 101.712562 / Jalan Sri Permaisuri
Rental: RM 1,900
*Please contact me for the latest update or availability. Thank you.

Serin Residency 965 @ Cyberjaya (To Let)

Property: Condominium
Tenure: Freehold
Land Area: 10 acres
Built-up: 965 sq ft
Bedroom: 3
Bathroom: 2
Occupancy: Vacant
Furnishing: Partly
Parking: 2
Facilities: Yes
Remarks: High floor
GPS/Location: 2.916170, 101.645501 / Jalan Fauna 1
Rental: RM 1,450 ono
*Please contact me for the latest update or availability. Thank you.