News About Malaysian Property Summit
PETALING JAYA (Jan 15): The 10 winners of the 11th Malaysian Property Summit 2018 have been chosen, following a contest that ran from Dec 14, 2017 to Jan 11, 2018.
PETALING JAYA (Jan 12): The overall property market has been depressed by shrinking demand and oversupply across the residential and commercial property sectors, said industry experts.
PETALING JAYA (Dec 28): While the property market has remained soft in 2017, Valuation and Property Services Department (JPPH) director-general Nordin Daharom believes the market is still holding up as transactions are still taking place.
PETALING JAYA (Dec 14): The Malaysian property market has been rather lacklustre these days as it remains soft. Owing to concerns over unsold units, the government decided to freeze approvals for certain property segments, alarming some while receiving kudos from others.
KUALA LUMPUR (Feb 24): Kedah, Perlis and Penang will see a 5% growth in transactions for residential properties despite the overall property market slowdown, according to Raine & Horne International Zaki + Partners Sdn Bhd.
KUALA LUMPUR (Feb 24): The property prices in East Malaysia is expected to drop in the third quarter or fourth quarter of 2017 if the slowdown in the market persists, said property valuer and estate agency Taylor Hobbs principal consultant Liaw Lam Thye.
KUALA LUMPUR (Feb 24): The real estate market in the East Coast Economic Region, which comprises Pahang, Terengganu, Kelantan and District of Mersing, Johor, is expected to be slow due to the challenging economic environment and weakened consumer sentiment, said Rahim & Co International Sdn Bhd director Sulaiman Akhmady Mohd Saheh.
He told TheEdgeProperty.com after his presentation at the 10th Malaysian Property Summit 2017 that landed residential property prices are on the downtrend.
Speaking at the 10th Malaysian Property Summit 2017, Knight Frank Malaysia Sdn Bhd executive director Teh Young Khean predicts the overall office market to remain subdued in 2017.
Under the core housing concept, developers build and sell bare units which only have walls and other basic parts, he explained.