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PETALING JAYA (Jan 29): There is still concern about the “sustainability” of the retail sector in Kota Kinabalu, Sabah in 2H17 as there is an absence of proposed new launches for the retail sub-sector, which is similar to 1H17, said property consultancy Knight Frank Malaysia.

PETALING JAYA (Jan 29): More retailers are expected to embrace the “clicks and mortar” concept as e-commerce sees rapid growth in Malaysia, said Knight Frank Malaysia in its latest research report titled “Real estate highlights for 2nd half of 2017”.

PETALING JAYA (Jan 29): The second half of 2017 saw some property developers postponing new launches while clearing existing stocks by offering attractive discounts and incentives, including absorbing legal fees, stamp duties and providing furnishing in some projects, according to property consultancy Knight Frank Malaysia.

PETALING JAYA (Jan 29): Penang is top on the national list with approved investments worth RM7.

PETALING JAYA (Jan 29): While several new phases of high-end condominiums and serviced apartments were launched with higher prices psf, more discounts on these properties were also offered amid a slow market, said Knight Frank Malaysia in a report.

PETALING JAYA (Jan 29): The outlook for Kuala Lumpur and beyond Kuala Lumpur (Selangor) office markets continues to be gloomy, Knight Frank Malaysia said in a report today.

KUALA LUMPUR (Jan 29): OCBC Bank (Malaysia) Bhd and its subsidiary OCBC Al-Amin Bank Bhd will increase their base rate from 3.

KUALA LUMPUR (Jan 29): The Institute for Democracy and Economic Affairs (IDEAS) said the suggestion to lower the interest rates on housing loans by the government would hide issues faced by the local property market.

KUALA LUMPUR (Jan 29): The Malaysia City Brain initiative — the brainchild of Alibaba Group's cloud computing arm Alibaba Cloud — was launched here today, making Kuala Lumpur the first overseas city to implement the smart city solution.

PUTRAJAYA (Jan 29):  The Magistrate's Court here yesterday released the woman consultant who was remanded since Wednesday to assist the Malaysian Anti-Corruption Commission’s (MACC) investigation into the proposed road and undersea tunnel mega project in Penang, reported Bernama.