Plush Services offers solution for developers with unsold units


Tthe usual leasing strategy applied successfully with medium-cost residences does not work so well with higher-end properties because the monthly rentals can be rather prohibitive.

KUALA LUMPUR: With the overall property market remaining soft especially for upper-medium to luxury-priced residential units, developers are looking at alternate means to generate cash flow from these properties in the interim.

However, the usual leasing strategy applied successfully with medium-cost residences does not work so well with higher-end properties because the monthly rentals can be rather prohibitive.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Airbnb , plush , leasing , houses , property , developers ,

   

Next In Business News

KLCCP Stapled Group records higher 1Q net profit of RM180.56mil
Southern Cable wins RM44.8mil contract from TM
Eversendai returns to the black in 1Q
Leon Fuat optimistic about 2023 performance
Boustead records 1Q net loss of RM62.80mil
Allianz 1Q net profit rises to RM172.69mil
Mida: Malaysia attracts RM71.4bil in approved investments for 1Q
Ringgit ends lower versus greenback on oil price decline, expectation of US rate hike
IJM expects better results in FY24
PNB appoints Raja Arshad as group chairman

Others Also Read