Overall house prices consolidated during the quarter under review, says Savills Malaysia associate director of research and consultancy Fong Kean Hwa when presenting The Edge | Savills Klang Valley High-Rise Residential Property Monitor for 3Q2022. The average asking price in prime city sub-markets (KLCC, Bangsar, Mont’Kiara) continued to contract year on year (y-o-y), he notes. “However, the average capital values declined much faster, widening the price gap. This indicates that buyers have strong bargaining power and that the property market is under pressure.”
KUALA LUMPUR: Recent corporate news flow could put the trading spotlight on Tomypak, Pentamaster, RCE Capital, MGB, LBS Bina, KAB, Pasukhas, Malaysia Pacific Corp, D'nonce Technology, Komarkcorp, KPower and Greatech, said JF Apex Research.