News about property

KUALA LUMPUR (Oct 19): The management of some 70% of condominiums and apartments in Malaysia is considered to be “below par”, according to The Malaysian Institute of Professional Property Managers (MIPPM).

KUALA LUMPUR (Oct 18): Naza TTDI Sdn Bhd, the property arm of Naza Corporation Holdings Bhd, is set to soft launch its second phase of residences at its KL Metropolis integrated development located at Jalan Duta near Mont'Kiara, Kuala Lumpur, sometime next month, said Naza TTDI deputy executive chairman and group managing director, SM Faliq SM Nasimuddin.

SINGAPORE (Oct 12): Frasers Property, the property arm of Frasers Centrepoint Ltd (FCL), appointed contractor Brookfield Multiplex to build the final residential stage of Central Park, Wonderland, for approximately A$140 million (RM587 million).

The past 12 months have not been easy for the domestic property market.

PENANG has one of the fastest growing property markets in the northern region of Peninsular Malaysia due to myriad factors.

SINGAPORE (Oct 5): Still-buoyant sentiment in the mass market could allow Singapore’s property developers to raise prices, but might trigger further policy tightening on top of the property cooling measures in place, says Maybank Kim Eng.

PETALING JAYA (Oct 5): The current property market slowdown may only recover in 2018 and the market environment may dip further before that.

KUALA LUMPUR (Oct 5): Potentially higher Employees Provident Fund (EPF) withdrawal for homebuyers will not see significant impact on the property sector given that there are already various financing schemes from the government to address the challenge of homebuyers in purchasing their first homes, according to AllianceDBS research.

PETALING JAYA (Sept 30): Sunway Property has expressed hopes that the government can continue with policies that encourage property purchase and ownership in its Budget 2017 proposals.

KUALA LUMPUR (Sept 23): A higher withdrawal cap on the Employees Provident Fund (EPF) savings appears to be the most viable among proposals to help first-time homebuyers in Malaysia, according to CIMB Investment Bank Bhd.