News about Napic

DESPITE the sluggish market, property investors in Penang can take comfort in reports of capital appreciation in the state.

THE property market continues to be sluggish overall but this could also be a good time to look for deals in certain property hotspots.

KUALA LUMPUR (Oct 7): Property portal TheEdgeProperty.

DESPITE a very busy schedule and numerous meetings to attend before his upcoming retirement on Oct 5, Valuation and Property Services Department (JPPH) director general Datuk Faizan Abdul Rahman was his usual enthusiastic self as he greeted TheEdgeProperty.

LOCATED adjacent to Petaling Jaya’s Mutiara Damansara and Tropicana, and nearby Sungai Buloh, lies the 4,000-acre township of Kota Damansara.

REAL estate investors usually have two main considerations — rental yields and capital appreciation.

WITH its vibrant economy and rising property prices, Sarawak’s capital city Kuching is well positioned to become the state’s most popular residential destination for investors and owner-occupiers.

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.

WHILE many continue to be cautious about the property market due to the weak market sentiment over the past two years and while lending guidelines remain tight, investors may be encouraged to know that there are some condominiums selling below RM500,000 that saw double-digit capital growth last year on the secondary market.

PROPERTY market cycles come and go, but with prolonged weakness, the current slowdown could point to a much larger economic issue.