News about ma

KUALA LUMPUR (March 11): Patience and hard work are the secrets to surviving today’s soft property market, said Malaysia’s top property agents.

KUALA LUMPUR (March 11): Real estate negotiators must be prepared to tell their clients to buy properties further away from the city centre, said Axis REIT Managers Bhd head of investments Siva Shanker.

PETALING JAYA (March 11): The Malaysian Institute of Real Estate Agents (MIEA) is targeting for 22,000 registered real estate negotiators (RENs) to be under the institute by this year-end, said MIEA deputy president Eric Lim.

KUALA LUMPUR (March 11): The Malaysian Annual Real Estate Convention (Marec’16) -- which kicks off today -- will also highlight the latest trends in the auction market and physical retail in a digital world to avoid the threat of technology advancement on its second day tomorrow.

Sold for: RM3,800,000 (RM633.

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.

KUALA LUMPUR (March 10): Luster Industries Bhd is collaborating with Koperasi Hartanah Malaysia Bhd (Kohama) to build 106 units of affordable houses within the Taman Tasik 1 Malaysia development in Pengkalan Hulu, Perak.

SEMENYIH (March 9): About 85% of Karisma apartments – a project by Eco World Development Group Bhd (EcoWorld) – were taken up since its launch on Feb 21 this year, according to the company.

•    Today, we look at price growth and indicative asking rental yields for non-landed residences in KLCC.

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.