Stakeholders must collaborate to reduce severe imbalances in the retail, office segments

Mar 28

PETALING JAYA (March 28): The authorities, property developers, owners, and other stakeholders in the real estate sector are urged to come up with specific measures to reduce the severe imbalances in the office and shopping complex segments that threaten the rest of the economy, according to the “Financial Stability and Payment Systems Report 2017” published by Bank Negara Malaysia (BNM) today.

Got bubble or not?

Mar 24

Bubble, bubble’, toil and trouble? Bubble can be a scary word for property investors because it means that real estate prices are inflating rapidly over a short period without the support of underlying fundamentals or demand.

KPKT to redevelop old houses

Mar 21

KUALA LUMPUR (March 21): The government has plans to redevelop old houses “for the comfort and benefit of the people in the country”, minister of Urban Wellbeing, Housing and Local Government Ministry (KPKT) Tan Sri Noh Omar (pictured) said yesterday.

Singapore buyers not responsible for rise in Johor property prices, says economist

Mar 20

KUALA LUMPUR (March 20): An article written by a political economist and published in Channel NewsAsia has called on Malaysians not to blame Singaporeans for pushing up property prices and the cost of goods in Johor.

Demand for homes expected to rise after GE14, says Savills Malaysia

Mar 20

KUALA LUMPUR (March 20): Demand for residential property is expected to rise after Malaysia’s 14th general elections, thus pushing up real estate transaction volume this year, said Savills Malaysia executive chairman Datuk Christopher Boyd.

First semidees and bungalows in Eco Grandeur set to be launched

Mar 19

PUNCAK ALAM (March 16): Eco World Development Group Bhd will be rolling out the first phase of semidees and bungalows at Eco Grandeur, Bandar Puncak Alam, Selangor in 2Q18.

KL Sentral-Subang Skypark rail service starts early May

Mar 16

PETALING JAYA (March 16): The KL Sentral-Subang Skypark rail service is expected to commence in early May, said Keretapi Tanah Melayu Bhd (KTMB) chief operating officer Rani Hashim Samsudin.

DONE DEAL: Double-storey terraced house at Bandar Hillpark, Bandar Puncak Alam, Selangor

Mar 15

Sold for: RM530,000 Concluded by: Md Arifin Matiuddin (REN 24282) of Oriental Realty (017-725 7699) When: September 2017 Noteworthy: ● Endlot ● Leasehold ● Unfurnished unit ● 4 bedrooms + 3 bathrooms ● Built-up: 1,677 ● Land size: 24ft x 70ft Located in Bandar Puncak Alam, Shah Alam North, Bandar Hillpark is a 550-acre township developed by MKH Bhd, comprising landed homes, apartments and shopoffices.