PUTRAJAYA (Sept 22): The property market saw a steep y-o-y fall in the first half of 2020 (1H2020).
PETALING JAYA (May 1): The absorption of commercial-titled residences, mainly serviced apartments and SoHos, is posing a challenge to the market as seen from the significant increase in the number of overhang units of this property type in 2019.
PETALING JAYA (April 30): The number of Penang's serviced apartment/SOHO overhang units has decreased by 51.
PETALING JAYA (April 30): Luxury serviced apartments in certain locations in the country have seen their market prices reduced by up to 14% amidst rising supply in the market.
PETALING JAYA (April 30): Residential property transactions in the state of Johor saw an uptick in 2019.
PETALING JAYA (April 30): The expansion of e-commerce may have spurred demand for warehouses/logistics-related properties but the overhang of industrial property sub-segment has seen overhang units rising since 2015.
PETALING JAYA (April 30): Selangor’s serviced apartment/SOHO overhang units saw a drastic increase in 2019.
PETALING JAYA (April 30): The cautious approach by developers to hold back new residential launches to focus on clearing unsold stock has resulted in improved sales at 40.
PETALING JAYA (April 30): Aggressive marketing campaigns by property developers coupled with the government’s measures lifted homebuying sentiments among Malaysians last year, resulting in increases in the amount of total loan applications and total loan approvals for the purchase of residential property by 8.