News about MP

AMID cautious market sentiment, house prices in Kota Kinabalu continued to increase in 4Q2015, but at a slower rate, says Rahim & Co Sabah branch manager Max Sylver Sintia (pictured, below).

KUALA LUMPUR (March 8): Property developer Eco World Development Group Bhd (EcoWorld) today launched its Professional Women’s Network (PWN), in conjunction with International Women’s Day 2016.

KUALA LUMPUR (March 5): Outlet centres — which account for 0.

Sold for: RM2.

KUALA LUMPUR (March 2): Sime Darby Property Bhd, the property arm of Sime Darby Bhd, announced its collaboration with Tan Sri Halim Saad’s KYS Education Group to establish the KYS International School within the KL East development here.

2015 was not a great year for the Malaysian property market.

PJD Sejahtera Sdn Bhd, a subsidiary of OSK Property Holdings Bhd, plans to make its latest project — Timurbay Seafront Residence in Balok Beach near Kuantan — a success in the area.

PETALING JAYA (Feb 24): Selangor Dredging Bhd (SDB) will be focusing on the sales of its property projects that are currently under construction as it seeks to maintain the strength of its strong balance sheet this year, the group said in a press statement today.

KUALA LUMPUR (Feb 23): About 72% of property developers, fund and real estate investment trust (REIT) managers and lenders intend to invest in commercial properties in 2016, despite 57% of respondents saying they are less optimistic on the sector’s outlook, according to a new survey by global property consultancy Knight Frank.

AGAINST a backdrop of softening demand, a weak economy and cooling measures, market sentiment in the high-end condominium segment in Kuala Lumpur is expected to remain cautious, says Knight Frank Malaysia in its Real Estate Highlights 2H2015 report.