Property market showed signs of recovery in 1H, but office and retail sectors face challenges — Napic
Napic said the overall overhang situation improved in 1H2022, down by 7.
Napic said the overall overhang situation improved in 1H2022, down by 7.
“Interest rate hikes do not seem to have a significant impact on new home sales”.
"In terms of volume index, wholesale and retail trade registered a growth of 33.
The department store operating on the properties has been suffering losses due to the weakening spending power of local residents as well as the adverse effects of Covid-19 mitigation policies on the retail business.
RHB Research noted that a negative outcome would be a hung Parliament, which could fuel uncertainty for the sector’s prospects.
This is the MPC’s third consecutive 25bps OPR hike this year, in line with 17 economists’ forecast polled by Bloomberg, bringing year-to-date increase to 75bps.
Its previous external auditor Messrs Ernst & Young PLT (EY) has resigned KUALA LUMPUR (Sept 7): Iskandar Waterfront City Bhd (IWCity) has appointed Messrs Crowe Malaysia PLT as its new external auditor.
“The new programme looks just like a copy-paste of MM2H and I do not see how it can be attractive for ‘investors’.
Following the acquisitions and leases of the three hospitals, the REIT said its portfolio size will increase to RM1.