Wednesday, October 13, 2010

Price in Kuala Lumpur Property

Malaysia HPI trends indicate general residential prices have grown steadily and are moving in tandem with CPI. But we do observe landed residential prices have gained momentum and we think it is confined to certain ‘hot spots’; consequently, anecdotal evidence indicates growing divergence between primary and secondary market prices. Already, some slight price corrections are observed which we think is healthy for the long run. Nonetheless, residential prices will continue to maintain its long term uptrend since replacement costs continue to rise.

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