About 85% of Karisma apartments – a project by Eco World Development Group Bhd (EcoWorld) – were taken up since its launch on Feb 21 this year, according to the company.

The Malaysian property market is expected to see some signs of recovery by this year-end, supported by an improving local economy and market sentiment.

The Goods and Services tax (GST) which was introduced in April last year has reduced demand for commercial properties in the market due to the additional 6% cost that buyers have to pay, said Real Estate and Housing Developers’ Association Malaysia (Rehda) deputy president Datuk Soam Heng Choon.

Thai developer Sansiri Public Co Ltd today unveiled its THB8.5 billion (RM1 billion) flagship project 98 Wireless on Wireless Road, an exclusive tree-lined boulevard here.

Rehda president Datuk Seri Fateh Iskandar Mohamed Mansor: High loan rejection rate will really impact aspiring homebuyers, especially those who are buying for the first time.

Sin Hee Yang Property Management Sdn Bhd’s first project this year, Taman Idaman Murni 2 at Bandar Baru Salak Tinggi, Sepang, has achieved 80% sales, according to director Loo Chee Yang.

8 Conlay is a mixed-use development with a gross development value of RM5.4 billion.

Almost 70% of 159 respondents to the Real Estate Housing Developers Association of Malaysia (Rehda) property industry survey 2H2015 remained pessimistic on the property market for 1H2016.

Total Sports Asia said its role is to develop new commercial opportunities, including name rights to KL Sports City, and the individual venues, including the National Stadium and Putra Stadium.

Malaysia should try harder to woo Chinese tourists to shop here, as they are among the world’s biggest spenders and make up the largest consumer market of luxury goods, said Savills (Malaysia) Sdn Bhd managing director Allan Soo.