PETALING JAYA: In its industry survey on the second half of 2012, Real Estate Housing Developers Association (Rehda) has found that two-thirds of the developers responding intended to launch their residential properties below the RM500,000 price mark in the first half of this year.
The survey also found that the average residential selling prices nationwide are expected to range between RM250,000 and RM350,000, with Kuala Lumpur property selling in the range of RM500,000 to RM1mil and Negri Sembilan and Kelantan selling at the cheapest end at RM100,001 to RM250,000.