BATUMI, Georgia (Oct 9): At least five bodies were found on Saturday among the wreckage of a building collapse in Georgia, reported Anadolu Agency (AA).
The Malaysian property market has recorded a significant increase in the first half of this year (1H2021) as compared to 1H2020, according to the latest report by the National Property Information Centre (Napic).
PETALING JAYA (Aug 27): The Malaysian Institute of Estate Agents (MIEA) predicts landed residential units to be the focus of property transactions in the second half of 2021 (2H21), according to its president Chan Ai Cheng (pictured).
PETALING JAYA (July 19): Kuala Lumpur high-end condominium market price correction continues due to weaker demand and rental growth remains under pressure due to rising inventory in existing and newly built segments, said Knight Frank Malaysia’s report.
KUALA LUMPUR (June 19): Historically low interest rates are “fuelling” debt in Malaysian households, “which have funnelled loans mainly to the purchase of residential properties and passenger cars”, The Edge Malaysia reported this week.
KUALA LUMPUR (April 28): IJM Construction Sdn Bhd, a wholly owned subsidiary of IJM Corp Bhd, has secured two contracts with a combined value of RM327.
KUALA LUMPUR (April 16): Based on its Wealth Sizing Model survey, Knight Frank predicts that the global population of ultra-high-net-worth individuals (UHNWIs) will grow over the next five years with Asia emerging to see the fastest growth by 39%, compared to the global average of 27%.
The number of properties going under the hammer in Malaysia has been on a worrying uptrend in recent years (see Table 1).