Iskandar Malaysia, a special economic zone in Johor Bahru, has been in the media spotlight in recent years. It is attracting new investments and there is growing interest in residential properties there as well. Property analysts say the publicity has heightened interest in homes in Iskandar, but buyers should evaluate other options as well. Medini is one of the five flagship zones at Iskandar Malaysia...
Malaysia Property Market
Malaysia is set to become the next possible destination for investors from Singapore, according to a government official from the middle-income economy while citing actions taken to strengthen the business environment. “With housing prices in Singapore escalating, Singapore-based investors are looking for neighbouring investments that offer strong alternatives with less entry barriers,” said Chris...
Malaysia's residential market continues to see active new launches and previews of high-end condominiums in the established neighbourhoods of Kuala Lumpur City Centre, Jalan Ampang and U Thant, DTZ Research said in a report. Despite the year-end, the market for new launches of prime condominiums remained active, with developers focusing on smaller units. Encouraging take-up rates were noted in the few new...
Malaysia's central bank will clamp down on any speculation that threatens to create a property bubble, the central bank chief said yesterday. Governor Zeti Akhtar Aziz said the central bank wanted to promote house ownership but that it had "wide ranging instruments" to deal with any excesses in the sector. "For first time house owners and perhaps even the second one, any new rules would not apply. It...