However, for the new units, developers are launching them from RM1,500 per sq ft onwards,” Loh says. A unit with a built-up area of 3,000 sq ft will be RM3.30 per sq ft today. In Marc Residences, it is 40 sen. That is RM400 for a 1,000 sq ft unit. If it were a 3,000 sq ft unit at 60 sen, that is RM1,800 a month. While developers blithely build, agents organise road shows and Chinese buyers exclaim over what they see, a consideration that has gone unnoticed by many is the KLCC’s surrounding infrastructure.
Source: The Star November 18, 2016 23:16 UTC