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Tag: average property prices in Kuala lumpur

Average increase in house prices are between 8 to 12.3 percent per year

Sep 19, 2014

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by

Charles Tan

in Condos and High-Rise

As per reported in newspaper, the average increase in house prices are between 8 to 12.3 percent on average per year. This is as per Valuation and Property Services Department. While it did not state the time period for this average but from what we can see thus far, from the days of the crisis…
Kuala Lumpur new condos are now RM700k instead of RM600k last year

Aug 19, 2014

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by

Charles Tan

in Kuala Lumpur / Selangor Props

Reported in The Star (16 August 2014), Raine & Horne executive director Lim Lian Hong says in Kuala Lumpur, condominium units dominate the residential sector with transactions accounting for 70% of the market. Developers are building even more high rise because this is more lucrative and condo units are now priced at RM700,000 per unit…