News about property

Recovery in the residential property sector continues, albeit at a slower pace amid rising borrowing costs and growing inflationary pressure.

Rosmin joined Sime Darby Property Malaysia in June 2018 as the senior vice-president for Malaysia Vision Valley project.

"Local economists believe that Malaysia will not enter a recession, although the rate of growth is expected to slow down.

Held over the New Year’s Eve weekend, the event also celebrated “the grand finale of the company’s Beyond 50 campaign”.

Prime Minister Justin Trudeau’s Liberal Party: The desirability of Canadian homes is attracting profiteers, wealthy corporations, and foreign investors.

The contract period is 36 months from Feb 2, 2023 to Feb 2, 2026.

In a note on Wednesday (Jan 4), analyst Loong Kok Wen stated that property valuations had factored the negative impact of interest rate hikes on housing demand, but with the rate hikes frontloaded, the pace of the increase in interest rates is expected to decelerate in 2023.

"Among the steps that need to be taken is to immediately reintroduce a strict standard operating procedure as a preparedness measure in addition to ensure that Malaysia becomes a destination of choice for foreign tourists to visit.

Moody’s expects the local economy to slow in 2023 given external demand for its manufactured goods has weakened, mainly due to the slowing Chinese economy KUALA LUMPUR (Dec 30): Economists expect more overnight policy rate (OPR) hikes to combat inflationary pressures in 2023, with CGS-CIMB expecting two more 25-basis-point increases to 3.

The freehold land, measuring 4,987 sq m, has a double-storey detached factory erected on it, PTT Synergy said in a Bursa Malaysia filing.