Berjaya Land readies for the next rebound
It was July 3, 2021, the first day of the Enhanced Movement Control Order (EMCO), which practically locked down a considerable part of Selangor and Kuala Lumpur.
Sunway Property revises sales target to RM2.2b, driven by strong performance of Singapore launches
PETALING JAYA (July 7): Sunway Property revised property sales target to RM2.
Property sector could see 38% y-o-y increase in 2021 earnings from low base — UOB Kay Hian
KUALA LUMPUR (July 6): The Malaysian property sector is expected to see its earnings recover 38% year-on-year (y-o-y) in 2021 from a low base, with digitalisation efforts cushioning the impact of the various lockdowns implemented this year, according to UOB Kay Hian.
JLL: Lack of technology and data a barrier to real estate sustainability
More than 70% or about three in four corporate occupiers and investors stated that insufficient technological infrastructure is a major barrier in achieving their decarbonisation goals, according to JLL Asia-Pacific (APAC)’s report titled “Sustainable Real Estate: From Ambitions to Actions”.
MIEA welcomes Chan Ai Cheng as the new president
PETALING JAYA (July 1): The Malaysian Institute of Estate Agents (MIEA) welcomes Chan Ai Cheng, S.
Scientex's 3Q2021 net profit surges 57.8% to RM109.9m
PETALING JAYA (June 23): Packaging manufacturer and property developer Scientex Bhd’s net profit rose 57.
Knight Frank: Bullish sentiment prevails as Hong Kong buyers snap up new projects
HONG KONG: The Land Registry of Hong Kong has recorded a total of 7,325 transactions worth HK$71.
Discounts, rebates, freebies – do house buyers really gain from them?
It has been an “open secret” that housing developers “artificially” inflate property prices and then offer rebates to buyers to help offset the 10% down payment.
Maybank IB: Weaker 2Q property sales expected but sector on track to recover
PETALING JAYA (June 17): The one-month long full lockdown (FMCO) is expected to affect the property sales and developers’ earnings in the second quarter this year, but Maybank Investment Bank Research believed that property sales will be picking up again once movement restrictions are lifted .
Is the extension of HOC ‘privatising profits and socialising losses’?
The government on May 31, 2021 announced the RM40 billion PEMERKASA+ aid package, and one of the measures was extending the residential home stamp duty exemption scheme under the Home Ownership Campaign (HOC) for six months to Dec 31, 2021.
