Unsold properties and the cooling market
Residential overhang numbers, or properties unsold after nine months post-completion, totals 29,227 units worth RM17.
Residential overhang numbers, or properties unsold after nine months post-completion, totals 29,227 units worth RM17.
Stocks in Bursa Malaysia have suffered one of the worst weeks in years, and in Tong's Value Investing Portfolios column in The Edge, it is theorized that Bursa was likely affected by news of the planned retender of the contract for the Mass Rapid TRansit (MRT2) underground tunnel.
What defines a good hotel? The executive director of The Canvas Hotel, Kelvin Taing believes that a good hotel should never be solely defined by the space or facility.
KUALA LUMPUR (Oct 12): Housing and Local Government Minister Zuraida Kamaruddin is upbeat about the prospects of the property market next year despite the less-than-rosy statistics from the first half of this year (1H2018) presented by the National Property Information Centre (Napic) yesterday.
KAJANG: The slow property market has led to the increase in residential overhang numbers which as of 1H2018 totals 29,227 units worth RM17.
PETALING JAYA (Oct 12): Property developers are more optimistic about the Malaysia property market outlook in the coming year than the current second half of 2018.
KUALA LUMPUR (Oct 12): Shares in Gamuda Bhd continued climbing in active trade this morning after rising 11.
KUALA LUMPUR (Oct 12): Kerjaya Prospek Group Bhd is buying a 90% stake in Yakin Land Sdn Bhd (YLSB), which has a 36-storey condominium project in Batu, Kuala Lumpur, for RM10.
KUALA LUMPUR (Oct 12): Shares in Gamuda Bhd continued climbing in active trade this morning after rising 11.
PETALING JAYA (Oct 12): Former Prime Minister Datuk Seri Najib Razak denied all charges of money laundering, abuse of power and criminal breach of trust and appeared unrepentant about his reign of power in an interview with Financial Times.