JOHOR BAHRU | KSL City | 20, 20, 33 storeys ‎ - Page 7

davidwsk · August 24th, 2012, 04:20 AM

Hotel Naming contest for Austin 's Hotel

http://austincentury.com.my/

davidwsk · August 24th, 2012, 04:35 AM

Wednesday August 22, 2012

Developers face tougher times with global uncertainties and price hikes
By ZAZALI MUSA
zaza@thestar.com.my

JOHOR BARU: Property developers in Johor must be ready to face tougher times within the next six to 12 months in view of the uncertainties in the global economic growth.

....

KSL Holdings Bhd executive director Ku Hwa Seng said the company did not have much choice but to follow other developers by raising prices of their houses.

“We can expect a slowdown in property demand in Iskandar Malay-sia next year if prices of building materials continue to rise,'' he said.

Ku said three to four years ago, the average selling price for a double-storey terrace house in Iskandar Malaysia was RM250,000 now it was RM400,000.

He said the land prices had also rocketed from RM6 to RM7 per sq ft five to six years ago to RM40 to RM100 per sq ft now due to the progress taking place in Iskandar Malaysia.

Ku said with the possible hike in prices of properties here, banks would be more stringent when approving loans.

He noticed more property buyers here, especially the younger generation, were going for high-rise living in the last three to five years. On that note, the company would be launching its D'Inspire Apartment @ Nusa Bestari by year-end with the gross development value of RM250mil.

Ku said the project would comprise 580 units in two 28-storey apartment block towers, and each unit would be priced from RM200,000 to RM600,000.

http://biz.thestar.com.my/news/story...1&sec=business

sapphire blue · August 25th, 2012, 07:20 PM

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sapphire blue · August 25th, 2012, 07:21 PM

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JB Citizens (+_+) · August 25th, 2012, 09:34 PM

Nice update "sapphire blue"...

rizalhakim · August 27th, 2012, 05:17 AM

hows da shopping mall??good??

Dean_14 · August 27th, 2012, 06:10 AM

Quote:

Originally Posted by rizalhakim

hows da shopping mall??good??

2 people committed suicide within 2 weeks in the shopping mall..
Becoming a hot spot for depressed people who wish to suicide XD XD

dengilo · August 27th, 2012, 07:01 AM

Quote:

Originally Posted by rizalhakim

hows da shopping mall??good??

Its got a sungei wang feel to itlah

From the outside it looks mega huge but its really not that big inside
[IMG]

[/IMG]

[IMG]

[/IMG]

August 25th, 2012, 09:34 PM	#125
JB Citizens (+_+) MEEEEYYYYAAAAOOOWWW!!! Join Date: Nov 2009 Location: South City Posts: 767 Likes (Received): 91	Nice update "sapphire blue"... __________________ MEEEEYYYAAAAOOOOWWWWW!!!

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August 24th, 2012, 04:20 AM	#121
davidwsk "W" Join Date: Feb 2006 Location: Kuala Lumpur Posts: 5,121 Likes (Received): 146	Hotel Naming contest for Austin 's Hotel http://austincentury.com.my/

August 24th, 2012, 04:35 AM	#122
davidwsk "W" Join Date: Feb 2006 Location: Kuala Lumpur Posts: 5,121 Likes (Received): 146	Wednesday August 22, 2012 Developers face tougher times with global uncertainties and price hikes By ZAZALI MUSA zaza@thestar.com.my JOHOR BARU: Property developers in Johor must be ready to face tougher times within the next six to 12 months in view of the uncertainties in the global economic growth. .... KSL Holdings Bhd executive director Ku Hwa Seng said the company did not have much choice but to follow other developers by raising prices of their houses. “We can expect a slowdown in property demand in Iskandar Malay-sia next year if prices of building materials continue to rise,'' he said. Ku said three to four years ago, the average selling price for a double-storey terrace house in Iskandar Malaysia was RM250,000 now it was RM400,000. He said the land prices had also rocketed from RM6 to RM7 per sq ft five to six years ago to RM40 to RM100 per sq ft now due to the progress taking place in Iskandar Malaysia. Ku said with the possible hike in prices of properties here, banks would be more stringent when approving loans. He noticed more property buyers here, especially the younger generation, were going for high-rise living in the last three to five years. On that note, the company would be launching its D'Inspire Apartment @ Nusa Bestari by year-end with the gross development value of RM250mil. Ku said the project would comprise 580 units in two 28-storey apartment block towers, and each unit would be priced from RM200,000 to RM600,000. http://biz.thestar.com.my/news/story...1&sec=business

August 25th, 2012, 07:20 PM	#123
sapphire blue Registered User Join Date: Aug 2010 Location: ampang, selangor Posts: 653 Likes (Received): 27	Uploaded with ImageShack.us

August 25th, 2012, 07:21 PM	#124
sapphire blue Registered User Join Date: Aug 2010 Location: ampang, selangor Posts: 653 Likes (Received): 27	Uploaded with ImageShack.us

August 27th, 2012, 05:17 AM	#126
rizalhakim PROUD 2 B MALAYSIAN Join Date: Nov 2007 Location: KL Posts: 32,392 Likes (Received): 176	hows da shopping mall??good??