Mixed outlook for Penang housing in 2018
KUALA LUMPUR (Jan 23): The Penang property market is expected to diverge further in 2018, according to real estate consultancy PPC International Sdn Bhd.
Rahim & Co: E-commerce growth may prompt smaller warehouse developments
KUALA LUMPUR (Jan 23): The e-commerce industry will accelerate the growth of the industrial property market as demand for logistics and distribution centres rises, prompting the development of smaller industrial facilities, said Rahim & Co International Sdn Bhd research director Sulaiman Akhmady Mohd Saheh.
PEPS: Low basic salary hindering homeownership
KUALA LUMPUR (Jan 23): Although salary growth has kept pace with growth in property prices, basic salaries are still low compared with average property prices.
Savills Malaysia: Retail remains challenging in short to mid term
KUALA LUMPUR (Jan 23): Savills (Malaysia) Sdn Bhd deputy executive chairman Allan Soo expects the retail market to remain challenging in the short to mid term, mainly due to disruption of e-commerce industry.
Knight Frank Malaysia: Office occupancy rate, rental likely to continue down trend in 2018
KUALA LUMPUR (Jan 23): The office occupancy rate and average rental in Kuala Lumpur city centre, Kuala Lumpur fringe and Selangor are expected to continue their down trend in 2018, said Knight Frank Malaysia Sdn Bhd managing director Sarkunan Subramaniam.
Market performance in 2018 expected to be like last year, says JPPH
KUALA LUMPUR (Jan 23): The Malaysian property market’s performance in 2018 is expected to be similar to its performance in 2017 in terms of transactions, said Valuation and Property Services Department (JPPH) director-general Nordin Daharom at the 11th Malaysian Property Summit today.
CBRE|WTW: Homeownership not the be-all and end-all
KUALA LUMPUR (Jan 23): Perhaps it is high time for a paradigm shift where the absence of homeownership does not imply welfare deprivation, said managing director of CBRE|WTW Malaysia Foo Gee Jen.
Winners for 11th Malaysian Property Summit revealed
PETALING JAYA (Jan 15): The 10 winners of the 11th Malaysian Property Summit 2018 have been chosen, following a contest that ran from Dec 14, 2017 to Jan 11, 2018.
Oversupply may come to a head in 2018, warn industry experts
PETALING JAYA (Jan 12): The overall property market has been depressed by shrinking demand and oversupply across the residential and commercial property sectors, said industry experts.
Market settling into a new normal, says JPPH DG
PETALING JAYA (Dec 28): While the property market has remained soft in 2017, Valuation and Property Services Department (JPPH) director-general Nordin Daharom believes the market is still holding up as transactions are still taking place.
