Unsold residential units to rise in 2016
KUALA LUMPUR (March 14): Property developers are expected to see more unsold residential units in 2016, as launches over the past two years are expected to come on stream, amid a slowdown in demand.
PROPERTY SNAPSHOT 1: Bangsar average price unchanged
• This week, the spotlight falls on the secondary market of non-landed residences within the highly popular neighbourhood of Bangsar.
Malaysian property agents must reach out to foreign markets in globalised era
KUALA LUMPUR (March 12): As globalisation is an unavoidable trend in the future, especially after the signing of Trans-Pacific Partnership (TPP), Malaysian real estate agents need to equip themselves with cross-border property investment knowledge to embrace future challenges, urged Malaysia Property Incorporated (MPI) general manager Veena Loh (pictured).
PROPERTY SNAPSHOT 4: What’s hot in KLCC?
• Today, we look at price growth and indicative asking rental yields for non-landed residences in KLCC.
80% of Taman Idaman Murni 2 semi-dees taken up
SEPANG (March 9): Sin Hee Yang Property Management Sdn Bhd’s first project this year, Taman Idaman Murni 2 at Bandar Baru Salak Tinggi, Sepang, has achieved 80% sales, according to director Loo Chee Yang.
Kota Kinabalu house prices rise at a slower pace
AMID cautious market sentiment, house prices in Kota Kinabalu continued to increase in 4Q2015, but at a slower rate, says Rahim & Co Sabah branch manager Max Sylver Sintia (pictured, below).
Crown Group reveals new penthouse collection
SYDNEY (March 8): Australia property group Crown Group revealed its latest eight penthouses in Sydney today.
PROPERTY SNAPSHOT 2: What’s affordable in KLCC?
• KLCC remains the most exclusive address in the country, with prices here reflecting the prestige of living in the heart of the city.
