News about g

2015 was indeed a challenging year for the market due to several internal and external issues, such as the implementation of the Goods and Services Tax (GST), the weakened ringgit, political uncertainty, and property market cooling measures, resulting in poor consumer sentiment.

PETALING JAYA (March 10): Chinese property developer Country Garden Holdings has purchased eight pieces of land for its three residential property developments in Nanjing on March 7,  according to a report by Chinese news media.

PETALING JAYA (March 9): The Malaysian property market is expected to see some signs of recovery by this year-end, supported by an improving local economy and market sentiment.

PETALING JAYA (March 9): The Goods and Services tax (GST) which was introduced in April last year has reduced demand for commercial properties in the market due to the additional 6% cost that buyers have to pay, said Real Estate and Housing Developers’ Association Malaysia (Rehda) deputy president Datuk Soam Heng Choon.

BANGKOK (March 9): Thai developer Sansiri Public Co Ltd today unveiled its THB8.

PETALING JAYA (March 9): Properties priced from RM500,001 to RM700,000 are the most vulnerable to loan rejection, according to almost a third of 159 respondents to the Real Estate Housing Developers Association of Malaysia (Rehda) property industry survey 2H2015.

SEPANG (March 9): Sin Hee Yang Property Management Sdn Bhd’s first project this year, Taman Idaman Murni 2 at Bandar Baru Salak Tinggi, Sepang, has achieved 80% sales, according to director Loo Chee Yang.

PETALING JAYA (March 9): Almost 70% of 159 respondents to the Real Estate Housing Developers Association of Malaysia (Rehda) property industry survey 2H2015 remained pessimistic on the property market for 1H2016.

AMID cautious market sentiment, house prices in Kota Kinabalu continued to increase in 4Q2015, but at a slower rate, says Rahim & Co Sabah branch manager Max Sylver Sintia (pictured, below).

SYDNEY (March 8): Australia property group Crown Group revealed its latest eight penthouses in Sydney today.