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Market mismatch slows once-booming private property market in Penang, MalaysiaKUALA LUMPUR: Discounts, lucky draws and freebies were everywhere at property fairs across Penang over the first weekend of the Chinese New Year ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Market mismatch slows once-booming private property market in PenangChairman of the real estate housing development association in Penang, Toh Chin Leong, on how high land prices and construction costs are eating in developers’ profit margins: (📹: Aidila Razak) You are STILL making good $$$, why are you bitching!! Haha...he is only looking at the profit margin against revenue. Most developers are leveraged. ROEs can be very high. In fact, if you look at price psf, developers profit margin is among the highest margin of all. The question is how much profit 20% 30% or 40% greed knows no limits
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Singapore’s rental market to soften on lower expat arrivalsSingapore’s rental market is expected to soften next year on the back of the declining number of expats coming into the city-state...
Source: YahooSG - 🏆 3. / 71 Read more »