“先租后卖”廉屋为饵 近百人被卷百万血汗钱

贪字得个贫;以为能以不到10万令吉买逾30万令吉的可负担房屋,近百人捞不到甜头,投资约百万令吉被卷走!

近百人欲透过台底交易,购买人民组屋和“直辖区可负担房屋计划”(Rumahwip),遭诈骗集团卷走约百万令吉。

老千声称可以让他们购买金龙园、亲善花园、大城堡等地区的人民组屋,以及低于市价的价格买到直辖区可负担房屋。

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Klang Valley’s property supply to rise in 2020

KLANG Valley property market is poised to gather more developments in 2020 despite the oversupply situation witnessed in 2019.

New projects include 11 high-end condominiums, seven office towers and six shopping centres.

The Real Estate Highlights for the second half of 2019 (2H19) by Knight Frank Malaysia noted that the 11 high-end condominium projects in Kuala Lumpur (KL), will add 6,151 units to the cumulative stock in the 1H20.

“Those are Tower 2 @ Star Residences (482 units), 8 Kia Peng (442), Sky Suites (986), The Manor (212), Novo Ampang (421), 18 Madge (50), The Estate (328), Agile Mont Kiara (813), Arte Mont Kiara (1,707), TWY Mont Kiara (484) and One Kiara (226),” the report read.

The cumulative supply of high-end condominiums in the Klang Valley amounted to 59,358 units for the first six months of 2019, following the completion of five projects that delivered another 2,572 units.

The five projects were Tower 1 @ Star Residences (557 units), Aria KL City Centre (KLCC) (598) and Stonor 3 (400), Novum Bangsar (729) and Sunway Mont Residences (288).

Four notable projects were also introduced in 2H19, including Alix Residences, Agile Embassy Garden Conlay and Core Residence @ Tun Razak Exchange (TRX).

Knight Frank Malaysia said the overall outlook for the KL highend residential market remains challenging amid the supply and demand imbalance.

However, aggressive marketing push for high-end residential products abroad, coupled with various available initiatives and incentives, would stimulate sales in the property market in 2020.

Office Market

Knight Frank Malaysia said two office buildings in the KL city namely TS Law Tower and Legasi Kampung Bharu with a combined net lettable area (NLA) of around 510,000 sq ft (47,380 sq m) are scheduled for completion in 2H20.

Meanwhile, in Selangor, five buildings to be completed by the second quarter are Block G @ Empire City, Block J @ Empire City (HCK Tower), Q Tower @ twentyfive.7, Tower 5 of PJ Sentral Garden City and i-Bhd Corporate Tower. The NLA was not stated.

“The growing availability of good grade space at competitive rentals in city fringe and decentralised office locations heightens competition in the tenant-led office market.

“Well-connected office locations supported by improved road and rail infrastructure, as well as a wide array of amenities, continue to garner strong demand,” Knight Frank Malaysia said.

The company added that it sees a growing trend of old office buildings being repurposed for new, or alternative usage depending on the location and neighbourhood.

The completion of the 1 Powerhouse Building and Tropicana Gardens Office Tower in 2H19 has brought the cumulative supply purpose-built office space in Klang Valley to about 108.07 million sq ft.

Retail Market

Six shopping centres, or supporting retail components within integrated developments, with a collective retail space of about 2.23 million sq ft are scheduled for completion or opening in 1H20, Knight Frank Malaysia said.

The retail spaces include Tropicana Gardens Mall, Pacific Star retail podium, retail components at The Exchange 106 @ TRX and Lot 91 @ KLCC, KL East Mall and Queensville Lifestyle Shopping Mall.

The firm said amid heightened competition and increased challenges in the retail market, selected existing shopping centres have embarked on asset enhancement initiatives to cater to the current trend.

“To survive in this digital age, shopping centres will need to re-invent themselves as retail spending continues to shift online.

“In the short-to-medium term, we expect to see more operators and retail players embracing technological changes, as well as interactive and experiential engagements to drive footfalls and boost sales as the country’s e-commerce market, which reportedly tripled in size since 2015, continues its strong growth momentum,” Knight Frank Malaysia noted.

The cumulative supply of retail space in the Klang Valley remained at 60.48 million sq ft as of 2H19, as new malls were delaying their opening to 2020.

Malaysian residential real estate prices to climb in 2020

KUALA LUMPUR: Malaysia’s residential real estate prices, rents, and sales numbers will increase significantly next year and in 2021, according to a survey of 386 Malaysian real estate agents.

Juwai.com executive chairman Georg Chmiel said Malaysia is attracting companies and operations that otherwise might have gone to China.

“The lower price threshold for foreign buyer purchasing will also help absorb some of the unsold inventory that has been weighing on the market.

“While the price thresholds are only being lowered for one year, hopefully that will give foreign investors enough time to purchase,” he said.

For the market to be healthy, developers need to sell those unwanted units so they can build more projects that are suitable for local buyers.

The survey was conducted in November 2019 by Juwai IQI, one of the largest real estate groups in Southeast Asia with more than 7,000 agents.

Juwai IQI group executive director Kashif Ansari said the survey is the first large-scale effort to quantify and forecast trends in the Malaysian real estate industry by asking industry experts.

“We share the positive outlook reported in the survey, within rational bounds. Agents have a very strong, positive outlook on the future of the residential real estate sector over the next 12 and 24 months,” he said in a statement.

On Malaysia, Kashif said the survey findings showed the states with the most robust price-growth outlook are Kuantan and Ipoh.

He said respondents predicted prices in Kuantan will grow 9.4 per cent over the next 12 months.

Prices in Ipoh are meanwhile pegged to grow 7.6 per cent over 12 months, he added.

Kashif however said the states with the weakest outlook for price growth are Penang, with 2.1 per cent forecast growth, and Sarawak with forecast growth of 3.4 per cent.