News about residential

PETALING JAYA (Dec 24): The median price of homes in Malaysia stood at RM293,000 in the third quarter of 2018 (3Q18), an incremental rise from RM288,000 in the previous quarter, according to The Residential Prices Quarterly Update Q3 2018 report by the National Property Information Centre (Napic).

  KUALA LUMPUR (Dec 24): Compared to the same period last year, the property market has seen a 48.

PETALING JAYA (Nov 26): Residents living close to some 5ha of land in Section 12 here earmarked for rezoning to limited commercial institutional development from its current residential status are concerned that the change will affect the character of the neighbourhood, reported The Star.

  KELANA JAYA (Nov 13): Rehda Institute is looking at introducing a Residential Real Estate Investment Trust (REIT) which could provide more rental housing to the B40 income group.

PETALING JAYA (Sept 7): Public sentiment is "more positive than negative" after the 100-day rule under Pakatan Harapan, according to Prime Minister Tun Dr Mahathir Mohamad.

KUALA LUMPUR (Aug 30): Selangor Dredging Bhd will shift its focus to the Singapore property market due to an oversupply in the Malaysian residential real estate segment.

KUALA LUMPUR: Prime residential price growth across global cities has slowed, in the 12 months leading up to the second quarter of 2018 (2Q18), according to Knight Frank’s Prime Global Cities Index.

PETALING JAYA (July 11): The Housing and Local Government Ministry may seek to lift the current freeze on new luxury residential developments, prompted by signs that the economy is improving, said its minister Zuraida Kamaruddin.

KUALA LUMPUR (May 4): There is no oversupply of residential properties in the country as demand for housing has outstripped supply in 2017, said CBRE|WTW managing director Foo Gee Jen.

KUALA LUMPUR (May 3): The overall property market is expected to stabilise this year, underpinned by the improving Malaysian economy that had recorded 5.