News about Malaysian

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): Federal Territories (FT) Minister Datuk Seri Utama Tengku Adnan Tengku Mansor has slammed Cheras MP Tan Kok Wai over his claims that DBKL had sold land without open tender, as well as over affordable housing development matters in Kuala Lumpur.

PETALING JAYA (Dec 14): The Malaysian property market has been rather lacklustre these days as it remains soft.

Gamuda Bhd (Dec 11, RM4.

KUALA LUMPUR (Nov 30): When measuring housing affordability, policymakers should take into account a person’s “lifetime” earning capability, instead of basing it on current income level, said Monash University senior lecturer Dr Jason Ng Wei Jian.

PETALING JAYA (Nov 28): The conversion rate for sales in the primary market has gone to over 63% in 2017 from 50% in 2016, said the Malaysian Institute of Estate Agents (MIEA) secretary-general Chan Ai Cheng.

KUALA LUMPUR (Nov 7): Following the massive floods in Penang, the Federation of Malaysian Manufacturers (FMM) has called on federal and state authorities to have higher investments in flood and disaster mitigation programmes commensurate with the increase in land development.

KUALA LUMPUR (Nov 7): Malaysian Resources Corp Bhd’s (MRCB) warrants were heavily traded yesterday, running ahead of the mother shares, on news that the government is likely to buy back the Eastern Dispersal Link (EDL).

KUALA LUMPUR (Nov 3): Malaysian Resources Corp Bhd (MRCB) fell as much as 5.