By Nikki De Guzman:
PropertyGuru, Asia’s leading property portal, saw 57 units snapped up during the Malaysia Property Show (MPS) 2013, selling a total of RM49.9 million (S$20.24 million) worth of properties.
On its fourth instalment, the two-day property show featured latest properties from several major developers from Malaysia, such as Dijaya, Gunung Impian, Land and General, Mayland, Mah Sing, Plenitude, Sime Darby, Tanah Sutera, Taipan Eagle and UEM Land. It was held at the Orchard Hotel on 30 to 31 March.
Developers collected over 300 potential leads during the event, which was visited by 3,519 potential buyers.
Malaysian property remains attractive for Singaporean buyers due to minimal foreign ownership restrictions, high ROI potential on projects, high capital appreciation potential (up to 15 percent), no capital gains tax on properties sold after five years of purchase and low cost of living.
Nikki De Guzman, Junior Reporter at PropertyGuru, wrote this story. To contact her about this or other stories email nikki@propertyguru.com.sg
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