PETALING JAYA (Jan 30): Despite a slowing property market, two and three-storey terraced houses in Kota Kinabalu (pictured) have become increasingly popular, especially among first-time homebuyers and young families, said Knight Frank Malaysia (Sabah branch) research executive Welton Chin.
KUALA LUMPUR (Jan 29): Property developer Bina Darulaman Bhd has lined up new property launches with total sales value of RM435 million this year, said its group managing director Datuk Izham Yusoff.
PETALING JAYA (Jan 29): The revisions to Budget 2016 -- which include limiting the sale of new homes priced up to RM300,000 for first time buyers -- may see developers re-pricing properties launched last year to accommodate customers who bought properties before, said Malaysian Institute of Estate Agents’ (MIEA) president Erick Kho.
LAND scarcity and sky-rocketing property prices on Penang island have driven developers and investors towards the mainland in recent years.
SEREMBAN (Jan 29): SWM Sdn Bhd will be collecting rubbish in three phases during the Chinese New Year and school holiday week to accommodate an expected three-fold increase during the period Feb 6 to 11, Negeri Sembilan Urban Well-being, Housing and Local Government Committee chairman Datuk Jalaluddin Alias (pictured) has said.
Sunway Real Estate Investment Trust (Jan 28, RM1.
KUALA LUMPUR: Despite the forecast of further slowdown in the property market this year, Land & General Bhd (L&G) plans to launch three developments with an estimated total gross development value (GDV) of RM1.
PETALING JAYA (Jan 29): The property market slowdown might represent an investment opportunity for when the market improves, said Chester Properties head of projects, Matthew Kuan, at a briefing by TheEdgeProperty.
KUALA LUMPUR (Jan 28): Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has acquired a piece of land from the federal government in Persiaran Stonor here for RM140 million or RM2,578 per sq ft (psf).
• Today, we look at price growth and indicative asking rental yields for non-landed residences in Mainland Penang.
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