High-end condo sales expected to slow this year

PETALING JAYA (April 26): With the current freeze on new approvals for luxury residential properties, developers are focusing on launching more affordable units and clearing completed unsold stock, said property consultancies Edmund Tie & Co (SEA) Pte Ltd and Nawawi Tie Leung Property Consultants Sdn Bhd.

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Positive economic outlook, strengthening ringgit to attract more investors

PETALING JAYA (April 26): The positive economic outlook and re-covering ringgit will attract more investors who are currently taking a wait-and-see approach, in spite of the overall weak property market across various segments, said property consultancies Edmund Tie & Co (SEA) Pte Ltd and Nawawi Tie Leung Property Consultants Sdn Bhd.

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Affordable housing influx may worsen overhang situation

PETALING JAYA (April 21): A growing supply of affordable housing – variously defined as priced below RM500,000 to below RM200,000 by different authorities and consultancies – by public and private entities threatens to keep overhang units undigested, reported The Edge weekly.

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