Jul 31

DC Residensi (salt water pool)

PETALING JAYA: Demand for prime residential properties remains resilient for Malaysian investors despite the implementation of various movement restrictions due to the Covid-19 pandemic, according to Knight Frank Malaysia.

It said family wellness was one of the main criteria for many home buyers in Malaysia when looking to upgrade their main residence or purchase a holiday home.

“As a result of the bullish stock market, luxury buyers are taking this opportunity to upgrade their main residence or invest in a secondary residence, ” it noted.

Separately, Knight Frank Malaysia international residential project marketing associate director Dominic Heaton-Watson said Australasia was the most-sought-after location for Malaysian ultra-high-net worth individuals (UHNWI) to purchase a home in 2021.

The US was the second most-sought-after location, followed by their own country (Malaysia), Singapore and the UK.

Source: https://www.thestar.com.my/business/business-news/2021/04/16/prime-property-still-the-focus-of-the-wealthy