Property sector to benefit from re-opening of economy, says RHB IB
KUALA LUMPUR (April 11): RHB Investment Bank Bhd said the property sector should generally benefit from the re-opening of the economy and international borders.
Gagasan Nadi Cergas to deliver 10,000 affordable houses in next five years
PETALING JAYA (April 8): Gagasan Nadi Cergas Bhd is targeting to deliver more than 10,000 affordable houses over the next five years, beginning with the launch of 2,800 units in financial year 2022 ending Dec 31, 2022.
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Retail rental reversion likely to be flattish, says AmInvestment Bank
KUALA LUMPUR (April 7): Despite the outlook on retail sales improving, AmInvestment Bank expects rental reversions for malls in prime locations to remain muted in the near term as tenants will still require some time to recover to their pre-pandemic sales level.
Mah Sing plans to launch RM2.4 bil worth of properties this year
KUALA LUMPUR (April 5): Property developer Mah Sing Group Bhd plans to launch RM2.
Residential properties account for majority of 2021 property transactions
KAJANG (April 4): Residential properties accounted for the major chunk of property market transactions in Malaysia in 2021, totaling 198,812 transactions worth RM76.
NAPIC: Property market improved in 2021 but challenges remain
PUTRAJAYA (April 4): The Malaysian property market performance improved year-on-year (y-o-y) in 2021 but total transactions remain below pre-pandemic levels recorded in 2019, according to the National Property Information Centre (NAPIC).
Elevated unsold houses reflect pre-existing affordability issues, says BNM
KUALA LUMPUR (March 30): The number of unsold houses remained elevated in the third quarter of 2021 despite some improvements in activity in the residential property market, said Bank Negara Malaysia (BNM).
Limited signs of credit-fuelled speculative house purchases despite low interest rates, says BNM
KUALA LUMPUR (March 30): Against the backdrop of low interest rates domestically and globally, there have been limited signs of credit-fuelled speculative investments in the housing market, according to Bank Negara Malaysia (BNM).
UEM Sunrise achieves 75% take-up for Aspira Gardens Phase 2
ISKANDAR PUTERI (March 29): UEM Sunrise Bhd has achieved a 75% take-up for Phase 2 of Aspira Gardens in the Gerbang Nusajaya development at Iskandar Puteri, Johor.
