Johor unlikely to hike property ceiling price from RM500K to RM1m - StarProperty.my

Interesting quote: foreigners are no longer allowed to buy from Malaysians in the secondary market. I wonder if they meant both bumi and non bumi lots?

Johor unlikely to hike property ceiling price from RM500K to RM1m - StarProperty.my

Johor Property Show Happening This Weekend

Just found out that there's a Malaysia property show this weekend in Traders Nusajaya hotel. Here's the write up about this show:

• Exclusive Registration and Preview by Tanah Sutera and Country Garden Danga Bay Property Launch Access Up to 10 Property Developments in One Central Location
• Enjoy Up to 5% Rebate for Selected Property Developments 
• Gain Expert Insights via Our Speaker Sessions about Johor Properties
• FREE Shuttle Service from Singapore to Traders Hotel, Johor Bahru
• FREE Shuttle Service to Visit Actual Development in Iskandar

EVENT DETAILS 
27 July - 28 July 2013 10:00 - 19:00
Level 4, Iskandar Ballroom, Traders Hotel, Puteri Harbour, Johor, Malaysia Persiaran Puteri Selatan, Puteri Harbour, 79000 Nusajaya, Johor Darul Takzim, Malaysia

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