2014 – Here’s To A Great Year!

I’ll freely admit it – we have had a bad 2013. Revenues were down by 14% due to the slowdown in the Malaysia property market, and it only made worse with the Budget 2014 curbing measures in the form of increase in Real Property Gains Tax (RPGT) which effectively doubled.

We are still bullish about Malaysia real estate though. Volume of transactions is set to reduce in 2014, but we will be concentrating in high value areas such as KLCC, Setapak and Segambut (Mont Kiara and North Kiara). We have a healthy inventory:-

  • Concerto North Kiara
  • One Menerung
  • Ken Bangsar
  • Casa Vista
  • Villa Mont Kiara

Here’s to a spanking 2014!

Comments are closed.