New Straits Times: Teladan Setia buys Melaka land for RM95.1mil.
https://www.nst.com.my/business/2021/04/682327/teladan-setia-buys-melaka-land-rm951mil
New Straits Times: Sand Nisko buys Melaka land for a mixed residential project.
https://www.nst.com.my/property/2021/04/684215/sand-nisko-buys-melaka-land-mixed-residential-project
Remember when i was talking about how our economy will be repeating the 1970s style of economic inflation?
This was how things started moving then......by increasing infrastructure and increasing capital expenditure on land banks that will be later turned to homes and houses......in this particular case, all southern malaysia / central malaysia and Penang areas will benefit from increased (inflated) house prices as many VERY LARGE family run companies, finance & technology companies, internet based companies like Google start investing in Singapore ( as they are escaping Hong Kong).
The first wave of price increases will be in s'pore property prices as the billionaires flee and crowd into S'pore followed by a few years later in JB city and its outlying districts because of singapore's obvious lack of land and Entertainment.
Eventually,with the High Speed Train even Melaka will feel the overflow of investments coming from the newly minted rich there....and i suspect the developers here will be targetting more towards high end developments here in melaka as well by the end of this decade.
As i informed you earlier, the business shifts & changes which are coming to this region are starting.
The Edge Markets MY: Singapore property market heats up with jump in home sales.
https://www.theedgemarkets.com/article/singapore-property-market-heats-jump-home-sales
