News by Edgeprop.my

In 2018, a landslide occurred at the site of an elevated road project by the Penang Island City Council and YMSB near Air Itam. Nine people were killed in the landslide.

Knight Frank Malaysia managing director Sarkunan Subramaniam: The Kuala Lumpur high-end residential market is believed to have bottomed out mid-last year and this has set the right mood for the segment to make its way back, albeit slowly. Furthermore, we have observed an increase in foreign buyer interest in Malaysian properties from Hong Kong, Taiwan, Japan, China, Singapore, USA, Australia, UK, Germany and other European countries.

Knight Frank Malaysia executive director of capital markets Allan Sim said revived projects point to more clarity in government policies and are a boon to the country’s economy and construction sector…

Rented for: RM24,000 per month (RM1.41 psf based on land size); Concluded by: Shawn Fernandez (E 2445) (012-288 1251) of Fernstate Sdn Bhd; When: October 2019

"From July 2018 to Nov 2019, we completed 46,666 units.”

Sunway Property will be launching properties worth almost RM3.5 billion in gross development value (GDV) this year.

Each compound is RM250 but first-time offenders will only have to pay RM150.

"... what was the source of money you used to acquire these US$1.0 billion worth of assets that you are giving up?"

"We have set a relatively conservative sales target for this year. I believe that Bank Negara will cut OPR (Overnight Policy Rate) again this year. The rate cut benefited our sales last year, I hope that it will have a similar effect this year as well," said group managing director Tan Sri Lim Hock San.
 
 

 
 
 

On the residential property market, Savills director of Estate Agency Kevin Goh said the market  will not crash, although it has been down for nearly six years now.