S’pore home prices rise at moderate level amid cooling measures and apartment glut
SINGAPORE (Oct 3): Last quarter, amid slowing sales and an apartment glut, Singapore home-price growth moderated.
JPPH and RISM sign MoU to foster strategic alliance
PETALING JAYA (Oct 2): The Department of Valuation and Property Services (JPPH) under the Ministry of Finance Malaysia and the Royal Institution of Surveyors Malaysia (RISM) signed a Memorandum of Understanding (MoU) today to foster public and private strategic alliances with each other.
Paramount to launch second Cyberjaya development this October
CYBERJAYA: Paramount Property Development Sdn Bhd will be launching phase one of Sejati Lakeside, its second landed housing project in Cyberjaya, this October.
GDB bags RM517m job to build Desa ParkCity's Park Regent development
KUALA LUMPUR (Sept 26): Construction firm GDB Holdings Bhd has clinched a RM517 million contract to undertake construction works as the main contractor for the Park Regent residential development located at Desa ParkCity here.
Rehda: End financing issue is top reason for unsold properties
PETALING JAYA (Sept 26): The Real Estate & Housing Developers' Association (Rehda), which represents over 1,000 members across Peninsular Malaysia, says today property developers remain neutral on market prospects for the rest of 2019 although they show more optimism for 2020 as the industry grapples with more unsold units.
Vanke Service eyes Malaysia property management industry
SHENZHEN (Sept 26): China's first property management services provider Vanke Service Development Co.
SC registers EdgeProp as first property crowdfunding operator in Malaysia
PETALING JAYA (Sept 25): EdgeProp Sdn Bhd (EdgeProp) has been registered by the Securities Commission Malaysia (SC) as the first recognised market operator to establish and operate a property crowdfunding (PCF) platform in Malaysia, following the revision of the SC’s Guidelines on Recognised Markets in May 2019.
Retail and office occupancy rate stable in 1H2019
KAJANG (Sept 23): Decent take-ups of retail and office spaces in the Klang Valley supported the occupancy rate growth of the commercial sector in 1H2019, according to National Property Information Centre (Napic).
Sales of new and secondary homes improved, market outlook remains resilient: Napic
KAJANG (Sept 23): Property market transactions for 1H2019 have rebounded for the first time since the market dipped in 1H2015, the improved sales performance also signaling a resilient market outlook, according to data from National Property Information Centre (Napic).
Close to 40% of unsold completed properties were priced below RM400k
KAJANG (Sept 23): Close to 40% of the overhang residential properties recorded in the country are made up high-rise units priced below RM400,000, according to latest data released by the National Property Information Centre (Napic) today.
