News about property

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.

SHENZHEN (Sept 26): China's first property management services provider Vanke Service Development Co.

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.

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).

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).

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.

KUALA LUMPUR (Sept 23): Federal Territories Minister Khalid Abdul Samad has “defended” the price being offered as compensation to Kampung Baru landowners in the redevelopment of Kampung Baru.

KUALA LUMPUR (Sept 23): With the residential property market expected to stay sluggish next year amid the continued supply overhang, industry players are pleading for a further one-year extension of the Home Ownership Campaign (HOC).

From mouth-watering bak kut teh (herbal pork soup), crispy and flaky layered roti canai, the flavourful nasi lemak and kopi-kaw to refreshing yoyo ice (ice-blended fruit juice), as well as delicious layer cakes, Klang in Selangor is a food haven and is one of the most popular day-trip destinations for foodies from Kuala Lumpur (KL) and Petaling Jaya (PJ).

KUALA LUMPUR (Sept 19): Total unsold units continue to rise for residential properties priced above the maximum affordable house prices in individual states, according to Bank Negara Malaysia’s (BNM) Financial Stability Review for the first half of 2019 (1H19).