News about Malaysian

KUALA LUMPUR (Jan 23): Although salary growth has kept pace with growth in property prices, basic salaries are still low compared with average property prices.

KUALA LUMPUR (Jan 23): Savills (Malaysia) Sdn Bhd deputy executive chairman Allan Soo expects the retail market to remain challenging in the short to mid term, mainly due to disruption of e-commerce industry.

KUALA LUMPUR (Jan 23): The office occupancy rate and average rental in Kuala Lumpur city centre, Kuala Lumpur fringe and Selangor are expected to continue their down trend in 2018, said Knight Frank Malaysia Sdn Bhd managing director Sarkunan Subramaniam.

KUALA LUMPUR (Jan 23): Perhaps it is high time for a paradigm shift where the absence of homeownership does not imply welfare deprivation, said managing director of CBRE|WTW Malaysia Foo Gee Jen.

KUALA LUMPUR (Jan 23): Malaysia’s 14th general election’s (GE14) outcome is unlikely to affect the execution of rail projects such as the Kuala Lumpur-Singapore High-Speed Rail (KL-SG HSR), said HSBC Bank Malaysia Bhd chief executive officer Mukhtar Hussain.

PUTRAJAYA (Jan 19): The two “Datuks” held by the Malaysian Anti-Corruption Commission (MACC) (pictured) to assist investigations into alleged corruption over the Penang undersea tunnel project were released on bail today, Bernama reported.

Malaysian Resources Corp Bhd (Jan 18, RM1.

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.