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Johor’s property market sees 4.7pc growth in 1H 2024, driven by Singaporean demand, says Knight Frank Malaysia

Malay Mail LogoMalay Mail1d ago

Johor’s property market sees 4.7pc growth in 1H 2024, driven by Singaporean demand, says Knight Frank Malaysia - Malay Mail

Quick Summary:

ISKANDAR PUTERI, Sept 26 — Johor is expected to see sustained property demand from foreign buyers, especially Singaporea...

He added that the unsold units in 1H2024 comprised of 1,632 condominium units, 12,599 apartment units and 345 SOHO units; a reduction compared to 1H2023 where the number of unsold units stood at 2,255 for condominiums, 13,287 for service apartments and 329 SOHO.

These include the development of the Johor Baru–Singapore Rapid Transit System (RTS) Link, the designation of Forest City as a Special Financial Zone (SFZ) and the proposed establishment-Singapore Special Economic Zone (JS-SEZ).


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-26 @ 16:56:38 (1 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 331 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 22720775

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About Malay Mail

Malay Mail Logo

Main Topics: EconomyBusiness

Official Website: malaymail.com

Update Frequency: 4 posts per day

Year Established: 1896

Headquarters: Malaysia

News Last Updated: 20 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #106

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