Retail growth forecast revised upwards for 2018
KUALA LUMPUR (July 17): Retail Group Malaysia has revised Malaysia’s 2018 retail growth rate forecast from 4.
New guideline of allowing REITs to engage in property development a sector catalyst
Real estate investment trust sector Maintain neutral: We maintain “neutral” rating on the real estate investment trust (REIT) sector given the general oversupply situation but this should be offset by the appeal of REITs given the current uncertain equity markets.
HLIB: Property buyers in wait-and-see mode pending new govt policies post-GE14
KUALA LUMPUR (July 9): While Hong Leong Investment Bank Bhd says it can't rule out a mild recovery of interest in the property sector given the trough valuation and domestic growth focus theme with possible introduction of new policies, it said developers' full year sales may still fall short of targets, as sales would likely remain soft after the 14th general election (GE14).
I&P Group at VPEX 2018
I&P Group Sdn Bhd (a member of Setia) Datuk Zaini Yusoff S P Setia Bhd divisional general manager (I&P Group Sdn Bhd is a member of Setia) “In the soft market and with the majority of consumers taking a wait-and-see approach after the recent General Election, S P Setia has adopted the strategy of rolling out more mid-range landed homes in our established townships.
Time to buy?
The property market is still soft with most developers experiencing slow sales.
MRCA expects 2018 retail sales growth to be better than last year
KUALA LUMPUR (June 26): The Malaysian Retail Chain Association (MRCA) is keeping its target for the country’s overall retail sales growth this year at 4.
Wahid expected to step down after cold shoulder from PM, says report
KUALA LUMPUR (June 26): Rumours about the impending resignation of Permodalan Nasional Bhd (PNB) chairman Abdul Wahid Omar (pictured) are swirling again.
KL ranked the 182nd most expensive city in the world
PETALING JAYA (June 12): Kuala Lumpur is the 182nd most expensive city in the world, according to the latest cost of living survey published by international information and data provider ECA International.
82% Malaysians confident economy will improve after GST reduction — Nielsen
KUALA LUMPUR (June 11): A majority, or 82%, of Malaysian consumers are optimistic about the country's economic outlook and perceive the recent government initiatives, such as the reduction of goods and services tax (GST) to 0% on June 1, as being good for consumers, according to a survey conducted by Nielsen Malaysia.
DBKL still charging 6% GST for some parking
PETALING JAYA (June 6): Kuala Lumpur City Hall (DBKL) has not completely implemented the zero-rating of the Goods and Services Tax (GST) on all parking.
