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PETALING JAYA (July 14): Bank Negara Malaysia’s (BNM) decision to cut the overnight policy rate (OPR) by 25 basis points to 3% is expected to have a positive impact on borrowers and the property sector, said property developers and mortgage firms.

KUALA LUMPUR (July 13): Bank Negara Malaysia (BNM) has cut its key interest rate to 3% from 3.

KUALA LUMPUR (July 13): The property glut monster in China has now reached Zhejiang province.

FOR a lot of investors, the first thing that comes to mind when one mentions Penang is the state’s thriving island and its capital city of George Town.

KUALA Lumpur’s Melawati area has been a property hot spot for the last decade, with prices soaring and new developments from major developers such as Sime Darby Property Bhd, Sunway Bhd and Nadayu Properties Bhd.

Amcorp Properties Bhd (July 8, 87 sen) Downgrade to hold with a target price (TP) of 86 sen: With more than 90% of Amcorp Properties Bhd’s (AmProp) earnings derived from London, we believe Brexit would raise uncertainty over its sales, at least in the near term.

PROPERTY agents and negotiators should never broker a deal without a method, says IM Global Property Consultants Sdn Bhd founder, managing director and CEO Ishak Ismail.

PETALING JAYA (July 9): UDA Holdings Bhd will launch two projects in Bertam on Penang’s mainland which have a total gross development value (GDV) of RM1.

PROPERTY and infrastructure developer Malaysian Resources Corp Bhd (MRCB) is close to securing a RM700 million work package for the Damansara-Shah Alam Highway (DASH) project, say sources with knowledge of the matter.

•     While Subang and Ara Damansara are located adjacent to each other, they offer vastly different landscapes with the former dominated primarily by industrial sites and affordable housing while the latter is more affluent with gated and guarded neighbourhoods and increasingly upmarket condominiums.