News about residential

HONG KONG (Feb 16): Global commercial real estate services company Cushman & Wakefield expects the Hong Kong residential property market to continue its downward trend.

MOVEMENT in values in Penang’s secondary residential market remained stagnant this year due to a lack of transactions, says Raine Horne International Zaki + Partners Sdn Bhd senior partner Michael Geh.

KUALA LUMPUR (12 Jan): The demand and price of high-rise residential property is expected to remain flat in the next two to three years owing to mismatch between supply and demand, according to international property consultants C H Williams Talhar & Wong Sdn Bhd (WTW).

  MALAYSIA: OVERALL RESIDENTIAL PROPERTY MARKET There was an overall contraction of the Malaysian residential property market in the first half of this year (1Q2015) compared with 1Q2014, according to figures released by the National Property Information Centre (Napic).

SELANGOR (Oct 16): The Malaysia Property Expo (MAPEX) Property Showcase, organised by Rehda Youth and held at 1Utama Shopping Centre in Bandar Utama, is anticipating sales of RM20 million.

THE look and feel of Malaysian homes are changing, say members of the Real Estate and Housing Developers’ Association Youth Malaysia (Rehda Youth).

AFTER the success of its landed homes and commercial properties in Setia Alam, Shah Alam, S P Setia Bhd is gearing up to launch the township’s first high-end high-rise residential project.

BANGALORE (Sept 10): Bangalore's residential property inventory overhang hit new peaks at 32 months, with more than 84,000 unsold housing units by the end of 2Q15, reported JLL India.

The established Dutamas enclave with a strong mid-market segment has seen strong value appreciation in recent years.

PETALING JAYA (May 11): The property market in Perlis recorded a total of 3,927 transactions last year, up 9.