Property prices to consolidate further, says economist

Jan 20

KUALA LUMPUR (Jan 20): Property prices are expected to consolidate further to the House Price Index (HPI) 15-year, long-term average of 5.

Housing NPLs expected to increase, says property consultant

Jan 20

KUALA LUMPUR (Jan 20): Housing non-performing loans (NPLs) are expected to increase this year, although it won’t be at the level seen during the financial crisis in the late-1990s, according to VPC Alliance (Malaysia) Sdn Bhd managing director James Wong (pictured).

New age media used to market properties illegally

Jan 20

KUALA LUMPUR (Jan 20): Illegal property brokers and marketing companies are turning to new age media such as websites and applications to encourage landlords to use their services instead of real estate agents, said the Board of Valuers, Appraisers, and Estate Agents Malaysia (BOVAEA).

Ampang Park lot owners granted judicial review over MRT land acquisition

Jan 20

KUALA LUMPUR (Jan 20): The Kuala Lumpur High Court today granted leave for a judicial review application filed by the lot owners of the Ampang Park Shopping Centre (pictured) against Putrajaya.

Low Yat's sustainable lodge opens in Hokkaido

Jan 20

HOKKAIDO (Jan 20): Sustainable hostel MY ecolodge by Low Yat Group was officially launched in Hokkaido, Japan on Dec 1 last year.

Axis REIT’s earnings crimped by higher expenses

Jan 20

Axis Real Estate Investment Trust (Jan 19, RM1.

Yong Tai aborts plans for RM168m condo project

Jan 20

KUALA LUMPUR (Jan 20): Yong Tai Bhd has aborted plans to develop a luxury serviced apartment project in Jalan U-Thant here, which carries a gross development value of RM168 million, via a joint venture (JV).

CIMB overweight on Malaysian builders ahead of Budget 2016 cuts

Jan 19

KUALA LUMPUR (Jan 19): CIMB Investment Bank Bhd said Malaysia's Budget 2016 revision was "unlikely to be a huge negative" for construction projects, in anticipation the government would continue to spend on high-impact jobs.