Sunday, April 8, 2012

Malaysia Real Estate Prices & Rentals Stabilising

This is a very interesting article which gives good insights into Malaysian real estate market. The article makes no mention of East Ledang, Ledang Heights and Leisure Farm which have seen property prices skyrocketed due to influx of foreign buyers.

"Johor's property market performed well last year, with 52,946 transactions worth RM17.1bil. Compared with 2010, Johor's property market volume and value increased by 9.1% and 44.6% respectively. The report says Johor's residential property prices are generally stable with instances of mixed performance.

Single-storey terraced houses within areas in Johor such as Taman Puteri Wangsa, Taman Ungku Tun Aminah, Taman Bukit Indah and Taman Perling see price increases of 2.9% to 11.1%, with prices ranging from RM125,000 to RM220,000. Houses in areas within Nusajaya such as Taman Nusa Idaman and Horizon Hills record price increases of 6.4% to 9.1%, with prices ranging from RM392,000 to RM448,000".

Read more Prices, rentals stabilising

1 comment:

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