PROPERTY SNAPSHOT 2: What’s affordable in Bangsar?
• Commonly referred to as the Beverly Hills of Kuala Lumpur, Bangsar is an elite enclave, dominated by landed housing and exclusive, low-density, boutique condominiums.
Slower property sales volumes this year, but hidden gems abound
KUALA LUMPUR (March 14): Property sales by developers listed on Bursa Malaysia are expected to be flat or slightly worse than 2015 this year, said CIMB analyst Saw Xiao Jun.
PROPERTY SNAPSHOT 1: Bangsar average price unchanged
• This week, the spotlight falls on the secondary market of non-landed residences within the highly popular neighbourhood of Bangsar.
Home ownership: I’m loving (and hating) it!
EVEN though many of the American Gen-Y considered owning a house as one of their ultimate life goals, many of them do not enjoy being a homeowner, a recent survey on American Gen-Y homeowners showed.
Political issues a big challenge to industry: Real estate agency heads
KUALA LUMPUR (March 12): Real estate agency heads said Malaysia’s current political uncertainty remains among the biggest challenges to the real estate industry.
Malaysian property agents must reach out to foreign markets in globalised era
KUALA LUMPUR (March 12): As globalisation is an unavoidable trend in the future, especially after the signing of Trans-Pacific Partnership (TPP), Malaysian real estate agents need to equip themselves with cross-border property investment knowledge to embrace future challenges, urged Malaysia Property Incorporated (MPI) general manager Veena Loh (pictured).
Social media presence matters, says global internet marketing expert
KUALA LUMPUR (March 12): As nine out of 10 property buyers are looking for real estate information through the Internet, property agents should enhance their presence through online platforms to reach more new clients, said the managing director of a global internet marketing company.
Iconsiam Superlux introduces first Mandarin Oriental branded residence
KUALA LUMPUR (March 11): Iconsiam Superlux Residence Corp Ltd (Iconsiam Superlux) unveiled the first Mandarin Oriental branded residence in Bangkok – a 52-storey tower that sits on 1.
Are luxury properties making a comeback despite the slow market?
PETALING JAYA (March 11): Despite developers scaling back on new property launches, the number of new bungalows and garden villa units launched in 2H2015 have jumped to 312 from 24 units in 1H2015, according to the Real Estate Housing Developers Association of Malaysia (Rehda) Property Industry Survey 2H2015.
Affordable housing not affordable to build
PETALING JAYA (March 11): Close to a third of 159 respondents to the Real Estate Housing Developers Association (Rehda) Property Industry Survey 2H2015 agree that the main issue with affordable housing is the increased overall cost of doing business.
