KUALA LUMPUR (Dec 8): Opposition lawmaker Tony Pua questioned as to why the Cabinet was adamant in ignoring policy prescriptions by Bank Negara Malaysia (BNM) on the property market imbalance.
PETALING JAYA (Dec 7): The property sector is expected to stir in 2018 as developers continue to cut prices — by 10% to 15% or more — and adjust to the reality that demand lies in mass-market affordable housing, said AmInvestment Bank in a report today.
Vivocom International Holdings Bhd (Dec 4, 13 sen) Maintain buy recommendation with an adjusted target price (TP) of 33 sen per share: Vivocom International Bhd’s nine-month financial year 2017 (9MFY17) earnings came below expectations.
PETALING JAYA (Dec 4): Johor will maintain the current RM1 million minimum purchase price for foreign property ownership in the state, reported The Sun.
KUALA LUMPUR (Nov 30): When measuring housing affordability, policymakers should take into account a person’s “lifetime” earning capability, instead of basing it on current income level, said Monash University senior lecturer Dr Jason Ng Wei Jian.
KUALA LUMPUR (Nov 28): Putrajaya's recent freeze on new developments of shopping malls, offices, serviced apartments and condominiums priced above RM1 million is intended to eliminate property players who are "not serious" from the industry as they will "kill the serious developers", said Finance Minister II Datuk Seri Johari Abdul Ghani.
PETALING JAYA (Nov 28): Sime Darby Property Bhd continued to enjoy strong demand for its products with recent launches over the weekend, hitting take-up rates of up to 63%.
KUALA LUMPUR (Nov 27): Glomac Bhd saw a 92.
PETALING JAYA (Nov 27): Gamuda Land’s Madge Mansion has won the Residential (Mid-Rise) category of the Malaysia Property Award 2017 last weekend.
JOHOR BARU (Nov 27): The Johor government will identify suitable and best ways to solve the problem of unsold high-cost housing units in the state.
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