Rail transport to drive connectivity
PETALING JAYA (Oct 27): The government will continue to improve public transport, particularly rail services, to propel connectivity and economic growth, according to the “Economic Report 2017/2018”.
Maspex Penang showcases over 5,000 secondary properties
PETALING JAYA (Oct 27): The fifth property exhibition held by the Malaysian Institute of Estate Agents (MIEA) Penang has kicked off yesterday and will run until Oct 29 at Queensbay Mall, Penang, showcasing over 5,000 secondary properties.
Housing development expenditure likely more than halved in 2017
PETALING JAYA (Oct 27): Development expenditure (DE) for the housing subsector is expected to be more than halved to RM870 million – or 1.
Household debt repayment capacity remains strong as at end-July 2017
PETALING JAYA (Oct 27): Household debt repayment capacity remains solid as at end-July 2017, underpinned by steady income growth and stable labour market conditions, according to the “Economic Report 2017/2018”.
Residential property loans grew to 8.8% of household debt as at July 2017
PETALING JAYA (Oct 27): Residential property loans made up a larger proportion of household debt – which rose by 5.
Purpose-built Office Rental Index continues uptrend in 2Q17
PETALING JAYA (Oct 27): The Purpose-Built Office (PBO) Rental Index for Klang Valley, Johor Bahru, and George Town grew in the second quarter of 2017 (2Q17) from a year ago, according to the “Economic Report 2017/2018”.
Shop overhangs shot up 54.3% to 7,754 units in 1H17
PETALING JAYA (Oct 27): Shop overhangs increased by a whopping 54.
Non-residential property subsector up 4.9% to RM6.4b in 1H17
PETALING JAYA (Oct 27): The non-residential property subsector grew by 4.
Residential overhang growth almost doubles in 1H17
PETALING JAYA (Oct 27): The residential overhang rose by 55.
Residential take-up rose in 1H2017
PETALING JAYA (Oct 27): The take-up rate for residential property units rose 23.
