News about Malaysian

PETALING JAYA (March 29): The launch of the online property auction platform e-Lelong for court auctions which was initially scheduled for today, has been postponed.

KUALA LUMPUR (March 17): The Construction Industry Development Board (CIDB) is urging Malaysian construction stakeholders to take advantage of the rapid redevelopment and economic expansion in India, especially infrastructure projects involving rail land and stations.

           PETALING JAYA (March 17): You think the property you’re residing in is safe? Are you sure? According to Anthony Lee Tee, Architect Centre accredited building inspector and trainer, homeowners should equip themselves with more information and knowledge to ensure the safety of their own homes.

SETIA ALAM (March 4): Banks are not expected to loosen their lending policy in the next three years although the country's loan approval rate in 2016 was at a historical low, said Smart Financing CEO Gary Chua.

SETIA ALAM (March 4): Stratified property is a good option for investment but investors should do their homework and be a responsible owner if they want to ensure investment returns, said Exastrata Solutions Sdn Bhd chief real estate consultant Adzman Shah Mohd Ariffin.

SETIA ALAM (March 4): Property agents should not worry too much about being ousted by property portals and should work with them instead to leverage these portals’ traffic, said Celcom Planet Sdn Bhd (11street.

KUALA LUMPUR (Feb 28): Higher profit contribution from the manufacturing, construction and trading divisions lifted Kimlun Corp Bhd’s net profit by 13% to RM24.

           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.