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Homes for crops in new sales push by developers

The Star Business LogoThe Star Business1 mo ago

Homes for crops in new sales push by developers

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The novel promotions coincide with a slowing economy, which is more obvious in third- and fourth-tier cities, experts said.

Migration of residents from third-and fourth-tier cities to bigger cities also further weakened housing demand in smaller places, Yan said.

Such promotions not only help developers to boost sales but also boost farmer incomes as offers from some realty developers are higher than the average market price of the crops.


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Article Details

Author / Journalist: The Star Online

Category: Economy

Topics: Crops Wtermelon /Business/Business News Property Buy Homes ASEAN China

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-01, 00:00:00

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Reading Time: 4 minutes read

Article Length: 598 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 23998

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About The Star Business

The Star Business Logo

Main Topics: Economy

Official Website: thestar.com.my

Update Frequency: 34 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 13h ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #22

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