Luxury condo market to remain subdued


On the rise: Savills Malaysia’s latest Asian Cities report said there were 21,069 luxury residential units priced above RM800 per sq ft in Kuala Lumpur as of end-2014. This represents a 21 increase year-on-year.

AN oversupply situation, as well as cautious buyer sentiment will see the luxury condominium segment remain subdued for the rest of the year.

According to Savills Malaysia’s latest Asian Cities report, there were 21,069 luxury residential units priced above RM800 per sq ft in Kuala Lumpur as of end-2014.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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Business , luxury condo , Savills , WTW , high-rise

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