Knight Frank Malaysia observed that significant investments in data centres in the Klang Valley have driven up demand for premium, environmentally sustainable logistics spaces, contributing to a modest rise in rental rates.
Following the pandemic, Malaysia's housing market is seeing a resurgence, notably in locations like Selangor and Johor.
The local property market is expanding due to a more favorable investment environment created by strategic government initiatives. This growth is especially noticeable in the luxury residential sector, which has seen substantial increases in sales.
Melaka is gaining recognition as a top choice for both domestic and international real estate investors, buoyed by its thriving tourism sector. The appeal of Melaka as a tourist hub can greatly impact its real estate landscape, particularly in areas close to historical sites, beaches, and other attractions, observed KK Lau, an experienced real estate consultant.
Datuk NK Tong, the president of the Real Estate and Housing Developers' Association (Rehda) Malaysia, clarified that the redevelopment or renewal plans under the Urban Redevelopment Act (URA) in Malaysia are not solely intended to benefit developers. He disagreed with claims from the National House Buyers Association (HBA) that the proposed legislation is designed to allow developers to exploit land for profit.
Heartiest Congratulations to the New Mayor of Kuala Lumpur
Harga tanah dijangka akan mengalami kenaikan yang signifikan disebabkan oleh trend pembelian yang berterusan oleh pemaju hartanah yang ingin memperluas bank tanah mereka untuk pembangunan jangka panjang.
