{"id":28185,"date":"2017-01-20T17:15:26","date_gmt":"2017-01-20T09:15:26","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=28185"},"modified":"2017-01-20T17:15:26","modified_gmt":"2017-01-20T09:15:26","slug":"developers-focus-affordable-housing-2017","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/developers-focus-affordable-housing-2017","title":{"rendered":"Developers To Focus On Houses Between RM400k &#038; RM500k"},"content":{"rendered":"<p>Property developers will be focusing on affordable housing between RM400,000 and RM500,000, said consultancy firm CBRE-WTW.<\/p>\n<p>In its 2017 forecast, it said the overall property market was expected to remain flat, spurring developers to venture further into affordable housing developments.<\/p>\n<p>\u201cAnd if the government pushes hard enough [for affordable housing schemes], the transaction volume for residential properties will improve slightly where genuine demand will lead the market,\u201d said Foo Gee Jen, the managing director of CBRE-WTW, at a press conference after the launch of the firm\u2019s <em>Asia Pacific Real Estate Market Outlook 2017: Malaysia.<\/em><\/p>\n<p>\u201cTotal transaction value, however, will be lower. And when you factor in the retail and industrial sector, overall growth will still be flat,\u201d he added.<\/p>\n<p>Among the projects expected to affect the property market in a positive include: the Kuala Lumpur-Singapore High Speed Rail, the Light Rail Transit 3, and the Damansara Shah Alam Expressway.<\/p>\n<p>\u201c[Infrastructure development] will open up many other development activities and areas,\u201d said Foo.<\/p>\n<p>On residential hotspots, he listed Nilai,\u00a0Semenyih,\u00a0Kajang, Putrajaya, Cyberjaya, Rawang, Ijok, Kuang, Sungai Buloh and Kuala Selangor.<\/p>\n<p><a href=\"http:\/\/www.theedgeproperty.com.my\/content\/1043965\/houses-between-rm400000-and-rm500000-be-focus-2017\" target=\"_blank\" rel=\"nofollow\"><em>[Source]<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A helping hand for first-time homebuyers?<\/p>\n","protected":false},"author":29,"featured_media":21328,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[216,21],"tags":[],"class_list":["post-28185","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-updates","category-properties"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Developers To Focus On Affordable Housing In Malaysia In 2017<\/title>\n<meta name=\"description\" content=\"Amid soaring housing prices, developers are expected to provide affordable options for Malaysians in an effort to boost the property market.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.imoney.my\/articles\/developers-focus-affordable-housing-2017\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Developers To Focus On Houses Between RM400k &amp; 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