Property slowdown may not be just a sectoral problem
PROPERTY market cycles come and go, but with prolonged weakness, the current slowdown could point to a much larger economic issue.
PROPERTY market cycles come and go, but with prolonged weakness, the current slowdown could point to a much larger economic issue.
KUALA LUMPUR (May 30): EcoFirst Consolidated Bhd is marking the start of its expansionary phase, after over five years of restructuring efforts, with the launch of the first phase of its RM3 billion gross development value (GDV) Ampang Ukay development targeted for next month.
A DIVE into the recently-released National Property Information Centre’s (Napic) 2015 Property Market Report lends an interesting insight into the property buying trend last year.
REAL estate investment firm Pelaburan Hartanah Bhd (PHB) seems to have had a busy 2015.
SHAH ALAM (April 14): Only World Group Holdings Bhd (OWG) has signed a memorandum of understanding (MoU) with the owner of Grand Imperial Restaurant to operate the luxury Chinese cuisine restaurant and banquet hall services at Komtar Tower, Penang.
KUALA LUMPUR (April 6): Pelaburan Hartanah Bhd (PHB) continues to be on the lookout for suitable properties for possible injection into Amanah Hartanah Bumiputera (AHB) and to further increase its fund size, said its group managing director and chief executive officer Datuk Kamalul Arifin Othman.
PUTRAJAYA (March 29): Putrajaya Holdings Sdn Bhd’s Aura Residence in Precinct 8 here has seen 70% of its 360 units sold since it was launched in November 2014, said marketing general manager Sabariah Ramli.
PETALING JAYA (Mar 13): The 2016 Sony World Photography Awards has shortlisted the submissions for its competition, which include some stunning architectural photography.
KUALA LUMPUR (Feb 12): The total value of construction works done in the country is expected to grow between 10% and 15% over the next two years, sustained by property projects launched in recent years.
SEREMBAN (Feb 10): The Negeri Sembilan government is stepping in to help the home owners in Taman Desa Duranta, Senawang, whose lives have been thrown into disarray by land ownership issues.