ABOUT a year ago, the media highlighted the prices of some of Kuala Lumpur’s signature residences. At some of these launches, prices from RM1,650 per sq ft to RM2,500 per sq ft were bandied about without so much as batting an eyelid. Today, prices have moved up to about RM2,500 per sq ft to RM3,200 per sq ft.
Last week, Berjaya Corp
Bhd (BCorp) launched The Ritz-Carlton Residences. BCorp declined to say how the market responded to its May 10 launch.
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