#Latest News
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May 28, 2018 UPDATED May 29, 12.02pm The cancellation of the Kuala Lumpur high-speed rail (HSR) would have only a minimal impact on the property market, according to some industry experts. The hype from the project did not exactly translate into major investments around the proposed stations of the alignment,…
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#Latest News
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May 21, 2018 Ampang MP Zuraida Kamaruddin (pictured) has been sworn in as Housing and Local Government Minister, along with 11 other ministers, at the Istana Negara today, reported Bernama. The three-term MP and PKR Wanita chief helms her portfolio at a crucial juncture in the property industry, with housing…
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#Latest News
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May 11, 2018 The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) president Foo Gee Jen sees all the property related measures which the Pakatan Harapan (Pakatan) coalition mentioned in their manifesto as a holistic approach to address housing affordability issues. “The…
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#Latest News
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January 23, 2018   This year is a year of shifts and survival for the property industry as disruptions are making their way to the property market, which means that financing packages, marketing channels and designs will have to change, said KGV International Property Consultants Sdn Bhd executive director Samuel…
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#Latest News
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January 23, 2018 The Penang property market is expected to diverge further in 2018, according to real estate consultancy PPC International Sdn Bhd. In its session on the northern region’s market performance and outlook at the 11th Malaysian Property Summit today, the consultancy said the residential property segment will be…
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#Latest News
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January 23, 2018 Although salary growth has kept pace with growth in property prices, basic salaries are still low compared with average property prices. The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) president Foo Gee Jen said the national average growth…
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#Latest News
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January 23, 2018 Savills (Malaysia) Sdn Bhd deputy executive chairman Allan Soo expects the retail market to remain challenging in the short to mid term, mainly due to disruption of e-commerce industry. “The outlook for the short term is challenging. We will be seeing flat growth in fast fashion and grocery.…
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#Latest News
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January 23, 2018 The office occupancy rate and average rental in Kuala Lumpur city centre, Kuala Lumpur fringe and Selangor are expected to continue their down trend in 2018, said Knight Frank Malaysia Sdn Bhd managing director Sarkunan Subramaniam.   “We have gone into the net absorption period of all…
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#Latest News
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January 23, 2018 The Malaysian property market’s performance in 2018 is expected to be similar to its performance in 2017 in terms of transactions, said Valuation and Property Services Department (JPPH) director-general Nordin Daharom at the 11th Malaysian Property Summit today. Given the positive growth in the country’s GDP and…
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#Latest News
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January 23, 2018 Perhaps it is high time for a paradigm shift where the absence of homeownership does not imply welfare deprivation, said managing director of CBRE|WTW Malaysia Foo Gee Jen. “We have first-time homebuyers who are finding difficulty in forking out the down payment or upfront cost to purchase…
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