Kuala Lumpur Property Market Falling

Property market in Kuala Lumpur showing sign effected by economy crisis. Malaysian Institute of Economic Research (MIER) projects Malaysia will have 50% chance of full-year recession this year and is quite certain that the country will dip into technical recession in the first half of this year.

MIER expects the domestic economy to return to normalcy only in two to five years. Malaysia is not spared from the global financial crisis as well as property market meltdown. Since late last year, the domestic property market has started to show signs of weakening.

Kuala Lumpur City Centre’s (KLCC) high-end condominium is heading towards a 15%-20% price depreciation in two to three months. Property buyers are looking for more realistic pricing, reflecting the current conditions. In a worst-case scenario, he is projecting up to 30% drop in prices over that period.
Read more »

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

Berkeley Homes Aims London Homes at Asian Property Investors

Berkeley Homes aims Asian property investor continue buying investment property at london homes. Berkeley Homes is targeting property investors in Malaysia, Singapore and Hong Kong for the sale of its projects in central London.

Berkeley Homes is a UK property developer founded in 1976 committed to providing quality london homes, new builds houses and new apartments for sale in London and the South East. Berkeley Homes has unrivalled expertise in creating sustainable communities within complex regeneration schemes on Brownfield sites. Although the location, size and complexity of sites vary, Berkeley Homes always delivers superbly designed and built homes.

The 125-year leasehold properties, high-rise properties comprising 292 apartments are collectively known as City Quarters.There are four blocks of buildings in City Quarters and known as Times Square and two buildings known as the Sugar House and Hoopers Yard.

In the past two months, the London property market has attracted much attention from overseas property investors.There is reason behind. Read more »

Top Property Developers in Malaysia y2008

Who are the top property developers in Malaysia? There is always FAQ about selecting the right property developers. The right Property Developers is one of the key points make our Property Investment successful.

Top 30 Property Developers Awards y2008 judge by The Edge Malaysia published on 1st Sept 2008. Here is the Malaysia top 30 property developer list; Read more »

Penang International Property Expo y2009

Property market demanding is Malaysia consider average status. Penang property market may drip ~10% in y2009. Penang International Property Expo or PIP 2009 is an annual showcase that attracts quality exhibitors and genuine players in the property scene. This might help to reduce period of time for property market to be rebound.

There is good responded for Malaysian International Property Expo 2009 (MAPEX 2009) which held on Mid Valley Exhibition Center 6th Mar 2009 – 8th Mar 2009 (10am – 9pm). The next Property Expo is Penang International Property Expo held on 27th~29th March (11am – 9pm) at Penang International Sport Arena (PISA). Read more »