Unsold properties and the cooling market
Residential overhang numbers, or properties unsold after nine months post-completion, totals 29,227 units worth RM17.
KPKT optimistic on property market outlook
KUALA LUMPUR (Oct 12): Housing and Local Government Minister Zuraida Kamaruddin is upbeat about the prospects of the property market next year despite the less-than-rosy statistics from the first half of this year (1H2018) presented by the National Property Information Centre (Napic) yesterday.
Unsold completed homes at record high
KAJANG: The slow property market has led to the increase in residential overhang numbers which as of 1H2018 totals 29,227 units worth RM17.
Gamuda shares continue climb as market hopes for MRT2 contract renegotiation
KUALA LUMPUR (Oct 12): Shares in Gamuda Bhd continued climbing in active trade this morning after rising 11.
Cuscapi buys commercial space of Empire City for RM20m
KUALA LUMPUR (Oct 12): Cuscapi Bhd, which is currently operating from leased premises, is acquiring commercial space of Empire City in Damansara Perdana for RM20 million.
Najib appears unrepentant, denies all charges linked to 1MDB in FT interview
PETALING JAYA (Oct 12): Former Prime Minister Datuk Seri Najib Razak denied all charges of money laundering, abuse of power and criminal breach of trust and appeared unrepentant about his reign of power in an interview with Financial Times.
Federal govt committee to evaluate fair housing prices determined
KAJANG (Oct 11): National Property Information (Napic) director Badrul Hisham Awang said plans are being made to form a federal-level independent committee to evaluate fair selling prices for homes in Malaysia, a replication of the model used in Melaka currently.
UPDATE: Property market expected to improve around 2H108 or 1H2019, says Napic
KAJANG (Oct 11): The property market is expected to improve in either 2H2018 or 1H2019, riding on the improvement of household sentiment and business environment, said National Property Information (NAPIC) director Badrul Hisham Awang.
