News about Napic

Malls, malls and more malls.

PETALING JAYA (Dec 5): The Malaysian property market is expected to stabilise and improve next year on the back of an uptick in transaction volume, said the Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC).

布城一声令下，宣布暂停审批购物广场、办公室，以及售价超过RM1百万的服务式公寓和公寓发展计划，让大马房地产市场在今年11月经历了一个高潮迭起的月份。 就目前为止，该新措施的细节如下： 该措施主要是呼应国家银行最近公布的房产数据，以从11月1日开始，清掉市场现货。 在2017年首季，大马滞销房屋达13万690间，创10年新高。相较2004年至2016年之间的每年平均7万2239间滞销房屋，今年首季的数字是前者的一倍。在13万690间当中，61%是高楼住宅，83%是售价RM25万以上的单位。 今年首季，巴生谷办公室的空置率上升至23.

KUALA LUMPUR (Nov 29): A high number of unsold property does not only affect property development, but also property management, says Malaysian Institute of Professional Property Managers (MIPPM) president Sarkunan Subramaniam, commenting on the recently released 1H property market performance by the National Property Information Centre.

I must applaud the Malaysian government’s responsiveness in trying to manage the perceived property bubble, with specific focus on the residential luxury market.

Although some prefer to be optimistic and believe we are already seeing a glimmer of recovery for the current slowdown in the property market, what does the latest market data tell us? The latest property market data for the first half of 2017 (1H17) released by the Valuation and Property Services Department (JPPH) of the Finance Ministry during the 2017 Preliminary Property Market Brief on Nov 13 revealed that overall, the property market has softened in 1H17, with more than 153,000 transactions recorded worth RM67.

PUTRAJAYA (Nov 13):  The slow market absorption has led to an increase in residential overhang of 20,867 units worth RM12.

Many property investors have been drawn to Penang because of its robust tourism and industrial activities.

Leasing out a property to earn rental income while waiting for its value to grow is a common investment strategy.

Housing estates in Selangor faced some price corrections last year, with transacted prices of landed homes in as many as 30 housing areas seeing more than 5% dip y-o-y, according to data from the National Property Information Centre’s (Napic) Property Market Report 2016.