Property Construction Cost Malaysia
25 Jul, 2022
Category: Real Estate
Tags: Construction
The cost to build per sqft of property in Kuala Lumpur
Met a developer friend yesterday, only to realize the cost of construction has risen so much. To cut a long story short, it is not possible to build a house with a cost of less than RM 200k anymore.
I do not have the figures for 2022, but here's a table from Arcadis on the cost of construction for the year 2021 when prices haven't started to soar yet.
If you are still waiting for house prices to fall, good luck.
Related Articles
Benefiaries of Penang LRT Phase 1
2024-04-02
|
Real Estate
|
Tags: Penang LRT
Developers with landbank along the alignment
Cities with outperforming properties prices
2024-04-01
|
Real Estate
|
Tags: Price Index
Johor Bahru and Kulai properties benefited from the strong SGD
Big news in Sarawak's real estate scene
2024-01-08
|
Real Estate
|
Tags: Sarawak
Affordable Housing Requirement Lifted for Large-Scale Developers in Sarawak