PropertyGuru: RTS catalyses Johor’s economy, revitalises real estate market

  • 📰 malaymail
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 86%

United States News News

United States United States Latest News,United States United States Headlines

JOHOR BARU, March 26 — The Rapid Transit System (RTS) Link, slated for completion in 2026, is proving to be a catalyst for Johor’s economy by enhancing connectivity with...

‘Trust me, bro’: Saifuddin Nasution tells Malaysians to have faith in him after years of confidence deficit with Home Ministry

PropertyGuru Malaysia country manager Sheldon Fernandez said the southern state is witnessing a significant metamorphosis, shifting away from its status as the state with the highest property overhang to a much more advantageous position. Meanwhile, Fernandez said Johor Baru is also seeing a significant year-on-year median asking price growth of 20 per cent for service residences.He said smaller units, in particular, recorded robust price growths with the 501-750 square feet category recording a 27 per cent growth in prices, while 751-1,000 sq ft units recorded an 18 per cent price growth and 1,001-1,250 sq ft recorded a 15 per cent price growth.

“As we reflect on the past year, it is evident that Johor’s property landscape has undergone a period of growth, resulting in the surge in demand for properties in the state, especially in Johor Bahru,” he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PLS Plantations, Guangzhou Jiangnan to set up regional wholesale market in JohorPETALING JAYA: PLS Plantations Bhd has entered into a memorandum of business exploration with China-based Guangzhou Jiangnan Agriculture Development Co Ltd to build a regional one-stop wholesale market in Johor for the processing and marketing of Malaysian agricultural produce.
Source: DailyExpress_MY - 🏆 3. / 83 Read more »