Private consumption dropped by 4.3% in 2020 but expected to rebound 8% in 2021
KUALA LUMPUR (March 30): Bank Negara Malaysia (BNM) said today that private consumption growth stood at 4.
BNM: Housing market activity hits historical low with elevated level of unsold properties
KUALA LUMPUR (March 31): Unsold properties continue to remain at an elevated level, driven by serviced apartments, small office home office (SOHO) units, and houses priced above RM500,000 in less popular locations, said Bank Negara Malaysia (BNM).
DONE DEAL: Serviced apartment at St Mary Residence, Jalan Tengah, Kuala Lumpur
Read also DONE DEAL: Serviced apartment at Banyan Tree Signatures Pavilion, Jalan Conlay, Kuala Lumpur DONE DEAL: Serviced apartment at Seventeen Residences, Petaling Jaya, Selangor Jointly developed by E&O Property Development and Lion Group, St Mary Residence is a freehold luxury serviced apartment nestled in Jalan Tengah, Kuala Lumpur.
Gamuda 2Q net profit shrinks 30% to RM123m amid pandemic
KUALA LUMPUR (March 30): Gamuda Bhd posted a 30% decline in its net profit to RM123.
Developers are toning down their pessimism for 2H2021, says Rehda
PETALING JAYA (March 30): Although many developers perceived the first half of the year as unfavourable, their views have slightly changed for the better for the second half, according to Real Estate & Housing Developers' Association (Rehda) Malaysia.
1,133 new Covid-19 cases today, says Dr Noor Hisham
KUALA LUMPUR (March 30): Malaysia today reported 1,133 new Covid-19 cases as of noon, up from 941 yesterday — bringing the total confirmed cases to 344,018, said the Ministry of Health.
Rehda: 12,640 property units launched in 2H20, with total sales of 5,742 units
KUALA LUMPUR (March 30): Property sales in the country rose 5.
Over 34,000 properties worth RM25.65b sold in HOC 2020/2021
PETALING JAYA (March 30): Home Ownership Campaign 2020/2021 has seen 34,354 properties worth RM25.
Rehda survey: 75% of developers see construction progress affected due to Covid-19 and MCO
PETALING JAYA (March 30): A total of 75% developers are seeing declining work efficiency due to the Covid-19 pandemic, thus impacting their construction progress of existing developments, a survey by Real Estate and Housing Developers Association Malaysia (Rehda) Malaysia showed.
Shahrir Samad fears discrimination should his RM1m graft trial continue in Sessions Court
KUALA LUMPUR (March 30): Former Federal Land Development Authority (FELDA) chairman Tan Sri Shahrir Abdul Samad fears that he will be discriminated against should his corruption trial proceed in the Sessions Court instead of the High Court.
