News about price

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.

The Malaysian Housing Price Index (HPI) fell by 9.

PETALING JAYA (April 3): Banks and most households in Malaysia can withstand severe house price and income falls, according to Bank Negara Malaysia (BNM), based on a series of housing price shock simulations carried out to determine the resilience of households and banks to survive in the event of such hypothetical housing market correction.