PUTRAJAYA (Sept 22): The property market saw a steep y-o-y fall in the first half of 2020 (1H2020).
PETALING JAYA (July 27): Despite government incentives in economic packages and economic recovery plans, Nawawi Tie Leung Property Consultants anticipated that more residential properties are expected to be offloaded in the market as loan moratorium period ceases in end-September.
KUALA LUMPUR (July 20): AmInvestment Bank Bhd (Ambank) maintained its “neutral” view on the property sector as its outlook for the next 12 months remains challenging due to the onset of the Covid-19 pandemic and the resulting Movement Control Order (MCO) to control its spread that has halted economic activities for almost two months.
KUALA LUMPUR (July 1): Property developer MCT Bhd recorded a net loss of RM21.
The economic costs associated with Covid-19 go beyond those incurred by any other previous crises.
KUALA LUMPUR (April 3): The Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC) has joined recent calls for the government to provide specific stimulus measures for the real estate industry in light of the prolonged slowdown and the impact of the Covid-19 outbreak and ongoing Movement Control Order (MCO) in the country.
KUALA LUMPUR (April 1): As the present COVID-19 pandemic and the Movement Control Order (MCO) pile more pressure on Malaysia's economy, the housing property market will not be spared either and more properties are expected to be put up for auction in the near future, said real estate consultancy Knight Frank Malaysia.
KUALA LUMPUR (Jan 13): Developers did not see much improvement in the property market in 2019, as it continued to be affected by affordability issues, slower economic growth and high levels of unsold stock.
PETALING JAYA (Jan 6): Agricultural land value is expected to grow in 2020, thanks to the ongoing "durian delirium'' says Savills Malaysia managing director Paul Khong.