News about Napic

WITH land for property developments shrinking by the day especially in the Klang Valley, many property developers have been moving towards higher density developments.

DESPITE the current soft commercial office market, Khong & Jaafar Sdn Bhd managing director Elvin Fernandez believes that there are office units that still offer good rental yields.

With the hubbub on the softened property market, not even Penang, especially Penang Island, known for its land scarcity and extravagant property prices, is spared.

2016 was a rough year for the Johor property market.

Land is a limited resource, simple as that, and considering that fact alone, we can assume that land values will grow over time especially in land-scarce urban areas.

PETALING JAYA (Dec 7): The negative trend in the property sector continues as the third quarter of 2016 registered a decline of 8.

Market performance remained sluggish in the first half of this year as property transaction numbers in the country continued their downward trend.

KUALA LUMPUR (Nov 1): Overhang and unsold housing units may see a gradual decline over the next few months on the back of decreasing new launches in the market, said National Property Information Centre (Napic) property market sector deputy director Aina Edayu Ahmad (pictured).

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.