KUALA LUMPUR: Property developers can look forward to a bumper year in 2010 with more purchasers and investors expected to enter the market as economic conditions improve.
Malaysia’s capital is still regarded as among the best in Asia to invest in despite fears that the reimposition of the Real Property Gains Tax of five per cent under the 2010 Budget may dampen the real estate market.
Another private sector initiative has innovated a marketing concept that aims to create greater international awareness of Malaysian properties. This is through the Kuala Lumpur Retail Property Centre (KLRPC).
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