News about price

KUALA LUMPUR (June 13): A balancing act is what governments must do when they attempt to strike a balance between the social and economic impact that the foreign ownership of properties will have on their respective countries, The Edge reported today.

KUALA LUMPUR (June 12): BMW Group Malaysia has revised the prices of its BMW, Mini and BMW Motorrad products to exclude the sales tax on all completely knocked-down (CKD) models for the period of June 15 to Dec 31, 2020.

PETALING JAYA (June 10): Petrol dealers say they are unaware of the Domestic Trade and Consumer Affairs Ministry‘s decision in revoking the price control order that set a price ceiling for RON95 petrol and diesel, the Malaysian Reserve reported today.

KUALA LUMPUR (May 21): Sime Darby Bhd said it is willing to part with its stake in Eastern and Oriental Bhd (E&O) if it can secure the right price.

KUALA LUMPUR (May 16): Senior Minister (Security Cluster) Ismail Sabri Yaakob lamented that businesses would rush to hike prices when fuel price is high but are now silent when fuel price has fallen to an all-time low, Malaysiakini reported today.

KUALA LUMPUR (April 29): Local Chinese-language newspaper Oriental Daily will only be printing on weekdays from May 1 onwards, and will also be reducing its newsstand price from RM1.

PETALING JAYA (April 20): A “nationwide study” conducted by real estate sales and media company Juwai IQI revealed that “residential property prices are expected to surge in 2021” post the Covid-19 outbreak, reported Free Malaysia Today (FMT).

PETALING JAYA (April 16): With the COVID-19 crisis and worries over an economic recession, housing price in Malaysia is expected to fall by between 10% to 15%, which is a deeper drop than in 1998 during the Asian Financial Crisis, according to NawawiTie Leung Property Consultants director and regional head of research and consulting Saleha Yusoff.

KUALA LUMPUR (April 16): Property prices are expected to decline by as much as 20% in the next few months with more motivated sellers, as the impact of Covid-19 continues to unfold.

PETALING JAYA (April 10): Property owners becoming more realistic on pricing during tough times and willing to reduce their asking price, for buyers who are eyeing for investment properties, now it’s time to do so, said Propnex Malaysia COO & principal Evon Heng.