CBRE|WTW: Flattish Malaysian property market for 2018, no housing bubble
KUALA LUMPUR (Jan 17): The property market in Malaysia is expected to remain flattish for the rest of 2018, according to property consultancy CBRE|WTW Malaysia.
Sime Darby Property to launch 1,000 affordable units this year
SHAH ALAM (Jan 17): Sime Darby Property (SD Property) plans to launch about 1,000 affordable apartment units this year under the Selangor government’s housing programme, Rumah Selangorku, by mid-2018, according to managing director (MD) Datuk Seri Amrin Awaluddin.
Sime Darby Property names TN50 for Elmina Community Park development
SHAH ALAM (Jan 16): Sime Darby Property (SD Property) announced today the entry of the Ministry of Youth & Sports in its initiative towards achieving Transformasi Nasional 2050 (TN50) aspirations through the development of the City of Elmina — a model township for the future.
Winners for 11th Malaysian Property Summit revealed
PETALING JAYA (Jan 15): The 10 winners of the 11th Malaysian Property Summit 2018 have been chosen, following a contest that ran from Dec 14, 2017 to Jan 11, 2018.
Property managers registry gives sector recognition
PETALING JAYA (Jan 12): The newly set-up property managers registry by the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP) offers the industry a “light at the end of the tunnel” as they will now be recognised and regulated by a government body, said SCM Property Services Sdn Bhd property and facilities management general Paul Richard.
Oversupply may come to a head in 2018, warn industry experts
PETALING JAYA (Jan 12): The overall property market has been depressed by shrinking demand and oversupply across the residential and commercial property sectors, said industry experts.
Property managers will now be regulated under BOVAEP
KUALA LUMPUR (Jan 11): With the amendment to the Valuers, Appraisers, Estate Agents and Property Managers Act 1981 that was passed on Oct 17, 2017 and gazetted Jan 2, 2018, property managers are now required to register themselves with the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP).
OSK Property lines up three new launches for 2018
PETALING JAYA (Jan 11): OSK Property is targeting to launch three new projects this year – Ryan and Miho in Petaling Jaya, Iringan Bayu in Seremban and HIKA in Cheras, said the developer in a statement.
Sime Darby Property lines up slew of launches in City of Elmina for 2018
SHAH ALAM (Jan 8): Sime Darby Property Bhd has lined up a slew of new product launches within its City of Elmina here for 2018, including an affordable housing development under the state government programme Rumah Selangorku.
