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News About Property Market

Finance Minister II: Recent developments freeze to eliminate non-serious players in property industry

By Shawn Ng Nov 29

KUALA LUMPUR (Nov 28): Putrajaya's recent freeze on new developments of shopping malls, offices, serviced apartments and condominiums priced above RM1 million is intended to eliminate property players who are "not serious" from the industry as they will "kill the serious developers", said Finance Minister II Datuk Seri Johari Abdul Ghani.

MIEA: Property market to improve after GE

By Lum Ka Kay Nov 28

PETALING JAYA (Nov 28): The property market is expected to improve after the general elections (GE) are held, said Malaysian Institute of Estate Agents (MIEA) president Eric Lim.

Property market to recover in coming years, says Sime Darby Property

By Emir Zainul Nov 28

KUALA LUMPUR (Nov 28): The Malaysian property market is expected to recover in the coming years, after a challenging environment that has dragged on since 2013, said the soon-to-listed Sime Darby Property Bhd (SD Property).

S P Setia wins silver for highest growth in profit after tax at The Edge BRC Awards 2017

By Emir Zainul Aug 23

KUALA LUMPUR (Aug 23): S P Setia Bhd won silver at The Edge Billion Ringgit Club Awards 2017 in the category of companies with the highest growth in profit after tax  for over three years in the property sector. 

House prices finally coming down?

By Shawn Ng Jun 24

“House prices will never go down” is probably what we hear whenever we are told to invest in a residential property. And property developers have enforced that time and again, citing the rising cost of construction and strong demand from a growing population.

Demand-driven recovery for property sector

By MIDF Research May 12

Property sector

Occupancy rate for KL offices down to 77.9% as at end-2016

By Shawn Ng Apr 18

PETALING JAYA (April 18): The average occupancy rate for offices in Kuala Lumpur declined to 77.9% as at end-2016, from 81.2% a year earlier due to new supply that came on stream, exceeding 320,000 sq m, according to the National Property Information Centre’s (Napic) Malaysian Property Market Report 2016 released today.

Ratio of housing loan applications to approvals rose in 2016

By Shawn Ng Apr 18

PETALING JAYA (April 18): The number of loan applications for residential property purchases totalled 168,154.77 in 2016 with 87,550.87 of them having been approved. This translates to a loan applications to loan approvals ratio of 52.1%.

Napic: Malaysian property market weakens further, overhang up 44%

By Natalie Khoo Apr 18

KAJANG (April 18): The overall property market slowdown had worsened in 2016 with a decline in transaction volume by 11.5% to 320,000 transactions from 362,105 transactions the previous year.