Property market still slow and outlook seems uncertain
THE CURRENT slowdown in the property market doesn’t look like it will pick up anytime soon.
THE CURRENT slowdown in the property market doesn’t look like it will pick up anytime soon.
KUALA LUMPUR (July 14): Hong Leong Investment Bank Research (HLIB Research) has upgraded Malaysian Real Estate Investment Trusts (M-REITs) to “Overweight”, following Bank Negara’s move to cut the overnight policy rate (OPR) by 25 basis points to 3% yesterday.
PETALING JAYA: The property market is only expected to recover in 2018, Malaysian Property Summit Mid-Year Review 2016 committee member James Wong told TheEdgeProperty.
KUALA LUMPUR (June 15): The expected higher taxes for foreign buyers of residential properties in the Australian state of New South Wales (NSW) are not expected to have much effect on Malaysian developers there, say analysts.
KUALA LUMPUR (May 9): RAM Rating Services Bhd has maintained its negative outlook on the Malaysian residential property sector as well as the office and retail sub-segments in Kuala Lumpur and Selangor this year.
Real estate investment trust sector Maintain neutral: Recently, we met up with management of several real estate investment trust (REIT) companies under our coverage and they reiterated their cautious view on the overall operating environment amid subdued consumer sentiment.
KUALA LUMPUR (April 21): Crest Builder Holdings Bhd’s 51%-owned unit, Landasan Bayu Sdn Bhd, has entered into a joint development agreement with the Malaysian Rubber Board (MRB) for the development of the latter’s piece of land in Jalan Ampang, Kuala Lumpur.
RATHER than being just an art form, architecture should be the art of problem-solving, said Rocco S K Yim, executive director and founder of Hong Kong-based Rocco Design Architects, at the Datum:KL 2015 International Architectural Design Conference.
REFRAINING from judging a book by its cover also applies to houses — some exteriors express the moods within, from kitsch to classic, while others keep their cards close to the chest, revealing little about the lives and styles of the occupants.