News about property

Master Community Developer Sunway Property has long-adopted a unique business strategy based on its diverse strengths and capabilities.

KUALA LUMPUR (July 28): MIDF Research has upgraded the property sector to "positive" (from "neutral") and said new property sales outlook will improve gradually in the second half of calendar year 2020 (2HCY20) due to the National Economic Recovery Plan (Penjana) incentives.

  PETALING JAYA (July 27): Despite office rents generally remaining stable, the resizing measures taken by some companies due to Covid-19 pandemic are likely to result in downward pressure on rentals and occupancy rates in the short-term, said Nawawi Tie Leung Property Consultants.

PETALING JAYA (July 27): Despite government incentives in economic packages and economic recovery plans, Nawawi Tie Leung Property Consultants anticipated that more residential properties are expected to be offloaded in the market as loan moratorium period ceases in end-September.

KUALA LUMPUR (July 25): Indonesia will soon relax rules for foreigners to buy homes in the country.

Master Community Developer Sunway Property has long-adopted a unique business strategy based on its diverse strengths and capabilities.

PETALING JAYA (July 21): Sime Darby Property Bhd’s Elmina Green Three homes have seen a total of 283 units worth RM250 million snapped up by interested buyers since the project previewed in early June.

KUALA LUMPUR (July 21): Yi-Lai Bhd has denied that it entered into any written or oral agreement to acquire three properties for RM100 million, and this morning trading of its shares was suspended for one hour from 9am to 10am.

KUALA LUMPUR (July 21): Zecon Bhd has received approval from its shareholders for its proposed rights issue to address its current funding requirements to meet its short-term obligations and liabilities, as well as strengthen its financial position.

KUALA LUMPUR (July 20): AmInvestment Bank Bhd (Ambank) maintained its “neutral” view on the property sector as its outlook for the next 12 months remains challenging due to the onset of the Covid-19 pandemic and the resulting Movement Control Order (MCO) to control its spread that has halted economic activities for almost two months.