News about Malaysian

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.

KUALA LUMPUR (Nov 2): The proposed loosening of mortgage lending is insufficient to promote home ownership in the country as there is a mismatch between housing price and income levels, said the Malaysian Rating Corp Bhd (MARC).

PETALING JAYA (Oct 27): Although Budget 2018 doesn’t have any significant proposals for the property market, some of the proposals may indirectly offer opportunities to boost demand for houses.

PETALING JAYA (Oct 27): The fifth property exhibition held by the Malaysian Institute of Estate Agents (MIEA) Penang has kicked off yesterday and will run until Oct 29 at Queensbay Mall, Penang, showcasing over 5,000 secondary properties.

PETALING JAYA (Oct 26): The construction industry system and processes should be reviewed on the basis of responsibility and accountability of various parties, instead of the expediting of approvals, said the Malaysian Institute of Planners (MIP).

PETALING JAYA (Oct 20): The Malaysian Institute of Estate Agents (MIEA) Penang is hosting its fifth property exhibition from Oct 26 to 29 at Queensbay Mall, Penang and for the first time, the event will officially include primary properties in the market.

PETALING JAYA (Oct 20): The recently formed Asia Pacific Space Designers Alliance (APSDA) aims to expand its member base from the current 20,540 members across eight member countries — Malaysia, China, Australia, Indonesia, India, Japan, the Philippines and Thailand — said its president Chris Yap Seng Chye.