Yes, according to this real estate firm. PETALING JAYA — The Malaysian property market is showing signs of bottoming out, underpinned by government-driven initiatives such as the ongoing Home Ownership Campaign 2019 (HOC). Knight Frank Malaysia managing director Sarkunan Subramaniam said in a statement yesterday that Malaysia’s property market is…
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Knight Frank Sees Property Market Sentiment Improving in 2019
KUALA LUMPUR — Sentiment in Malaysia’s property market is expected to improve in 2019, especially the residential property market, as policies announced under Budget 2019 are expected to strengthen demand, particularly among first-time home buyers, said property advisor Knight Frank Malaysia. “The property market in Malaysia experienced a pick-up in…
Stamp Duty Waivers Will Boost Housing Market, Says Knight Frank Malaysia
KUALA LUMPUR — The stamp duty waiver on the instrument of transfer for first time home buyers announced in Budget 2019 will provide a boost to the current slow housing market, said Knight Frank Malaysia managing director Sarkunan Subramaniam. “The exemptions and initiatives, in particular the waiver of stamp duty…