Sanity creeps into property market

  • Property Premium
  • Saturday, 09 Jan 2016

AN investment banker snapped up two properties in Damansara Heights in the space of 18 months.

Both are bungalows and located along the same road. The first bungalow cost him RM800 per sq ft (psf) in mid-2014. The second purchase, which was last month, cost him about RM580 psf – about 28% reduction in price and in just a space of 18 months.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Business , property damansara


Next In Business News

China's central bank renminbi liquidity arrangement includes Malaysia Premium
Global M&A braces for dry spell as boardrooms put expansion on hold Premium
CPO futures market to see technical correction next week Premium
Fed policymakers embrace more rate hikes, markets a little less Premium
Tokyo Gas begins synthetic methane trial using green hydrogen Premium
Bruised US stock investors brace for more pain in second half of 2022 Premium
An ‘AAA’ move? Premium
A ‘Volcker recession’ in the making Premium
Real stress hurts bank buybacks Premium
Masayoshi Son’s eternal optimism Premium

Others Also Read