1.33 mil Malaysian families don't own a house in 2014
KUALA LUMPUR (March 27): Households that do not own a house and are still renting were estimated to number 1.
Sunway: Always a good time to buy property
KUALA LUMPUR (March 25): Sunway Bhd deputy managing director of the property division for Malaysia and Singapore Tan Wee Bee believes it is always a good time to buy property, even in the current property market slowdown.
Penang residential transactions forecast to rise in 1Q2017
KUALA LUMPUR (March 25): The number of residential property transactions in Penang is forecast to increase to 2,527 transactions in 1Q2017 compared with 2,297 transactions in the previous quarter, while the total value of transactions is expected to rise to RM1.
Johor property market will level up in the next two years
KUALA LUMPUR (March 25): KGV International Property Consultants executive director Samuel Tan foresees the Johor property market to level up in the next two years.
Mapletree raises equity of US$535 mil for inaugural student accommodation private trust
SINGAPORE (March 21): Mapletree Investments announced Tuesday that it has successfully closed the Mapletree Global Student Accommodation Private Trust (MGSA P-Trust).
Perennial Real Estate appeals against Court's decision to dismiss winding-up application for Capitol entities
SINGAPORE (March 21): Perennial Real Estate Holdings announced that it has filed appeals on Monday over the High Court's decision earlier this month to dismiss the winding-up applications for three joint entities that holds the assets of Capitol Singapore.
Invest in property now or wait?
Kenanga Investment Bank Bhd believes the property sector is bottoming out but still lacks strong catalysts.
Maju Holdings obtains approval for new KTM train station at Maju KL
PETALING JAYA (March 17): Maju Holdings Sdn Bhd has obtained the green light from the relevant authorities to build a KTM train station which will be connected to its shopping mall at the Maju Kuala Lumpur development in Sungai Besi, KL.
Market outlook on the Klang Valley, Johor and Penang
DESPITE its subdued performance last year, the Klang Valley property market seems to be picking up momentum this year with encouraging take-up rates observed in the first two months, especially after the Chinese New Year, says Zerin Properties CEO Previndran Singhe.
Perennial may appeal against dismissal of winding-up applications
SINGAPORE (March 6): The high court has dismissed the winding-up applications for three of Perennial Real Estate Holdings’ associated joint venture (JV) companies, namely: Capitol Investment Holdings, Capitol Retail Management and Capitol Hotel Management.
