Posts Tagged ‘klang’

Property: Slowdown in secondary condo sales

Monday, September 22nd, 2008

By Venus Hew
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The secondary market for condominium homes in the Klang Valley has quieten down recently with buyers and investors favouring hotspots with proven capital growth such as Mont’Kiara, Bangsar and Kuala Lumpur City Centre, according to real estate agents familiar with the condominium sales market. However, despite the slowdown, prices have been maintained.

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Going, Going… Gone: More properties under the hammer

Monday, March 31st, 2008

Compiled by Rosalynn Poh (The Edge)

What are the reasons for the increasing number of non-performing loans, which has resulted in more properties going under the hammer? Are owners not servicing their loans because of financial difficulties or are there other reasons? One reason could be that property owners are unhappy with their units.

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