The state of Malaysian housing supply
Definition Number of launches comprises properties launched in 3Q2018 Property overhang comprises units that are completed with the Certificate of Completion and Compliance /Temporary Certificate of Fitness for Occupation (TCF) but remained unsold for more than nine months from the date of launch or after 1st Jan 1997 Existing stock are units that have been issued with the certificate of fitness (CF) or TCF prior to the review period Incoming supply comprises units where physical construction works are in progress including starts and CF/TCF which have not been issued during the review period Planned supply comprises units with building plan approval obtained within a review quarter.
Retail price for RON97 up 5 sen next week; RON95, diesel unchanged
KUALA LUMPUR (March 1): The retail price of RON97 fuel will be 5 sen higher for the week ending March 8, 2019, to RM2.
HOC 2019 launched to increase home ownership among Malaysians
KUALA LUMPUR (March 1): Prime Minister Tun Dr Mahathir Mohamad today officially launched the National Home Ownership Campaign 2019 (HOC 2019) which is being held from Jan 1 to June 30, 2019.
PR1MA offering up to 30% discount during HOC
KUALA LUMPUR (March 1): Perbadanan PR1MA Malaysia (PR1MA) is offering discounts of up to 30% for more than 42,000 residential units during the Home Ownership Campaign (HOC) from January to June 2019.
Why buy during the HOC?
Homeownership is no doubt one of the hottest topics in Malaysia currently especially when the inventory of residential property in the country is rising and has accumulated to an all-time high in recent years.
Sunway 4Q net profit up 11.4% on lower expenses
KUALA LUMPUR (Feb 28): Better cost management helped to boost Sunway Bhd’s earnings for the fourth financial quarter ended Dec 31, 2018 (4QFY18).
DBKL to buy land and save forest reserve
PETALING JAYA (March 1): Kuala Lumpur City Hall (DBKL) will preserve the biggest tropical forest within the city of KL by buying a piece of land in the Bukit Nanas Forest Reserve.
LBS Bina 4Q earnings decline as projects handed over
KUALA LUMPUR (Mar 1): LBS Bina Group Bhd’s fourth-quarter net profit declined 47% to RM17.
Sarawak Report editor confirms RM1.4m payment from Hadi
PETALING JAYA (March 1): The editor of the Sarawak Report, Clare Rewcastle-Brown confirmed yesterday that she received RM1.