Penang residential transactions forecast to rise in 1Q2017

KUALA LUMPUR (March 25): The number of residential property transactions in Penang is forecast to increase to 2,527 transactions in 1Q2017 compared with 2,297 transactions in the previous quarter, while the total value of transactions is expected to rise to RM1.

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Market outlook on the Klang Valley, Johor and Penang

DESPITE its subdued performance last year, the Klang Valley property market seems to be picking up momentum this year with encouraging take-up rates observed in the first two months, especially after the Chinese New Year, says Zerin Properties CEO Previndran Singhe.

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Iris Corp closes at 11-year low

KUALA LUMPUR (Dec 28): Iris Corp Bhd, known as developer of the world’s first electronic passport, saw its share price fall as much as 13% to an intraday low of 10 sen yesterday, after its co-founder and major shareholder sold a substantial stake in the group.

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