‘Properties remain unaffordable’

KUALA LUMPUR (Nov 30): When measuring housing affordability, policymakers should take into account a person’s “lifetime” earning capability, instead of basing it on current income level, said Monash University senior lecturer Dr Jason Ng Wei Jian.

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MIPPM: Unsold units also pose big problems for property management

KUALA LUMPUR (Nov 29): A high number of unsold property does not only affect property development, but also property management, says Malaysian Institute of Professional Property Managers (MIPPM) president Sarkunan Subramaniam, commenting on the recently released 1H property market performance by the National Property Information Centre.

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Eversendai heading towards calmer waters

KUALA LUMPUR (Nov 27): Steel and construction firm Eversendai Corp Bhd, which is looking to expand its operational presence in the UK and Australian markets, is anticipating “positive” results in its upcoming third quarter financials, that is due to be released this week.

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PEPS: Property overhang caused by lack of information

PETALING JAYA (Nov 24): The major issue that has led to the current property overhang levels across the residential and commercial sectors boiled down to a lack of data, said the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS).

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