PROPERTY SNAPSHOT 1: Bangsar average price unchanged
• This week, the spotlight falls on the secondary market of non-landed residences within the highly popular neighbourhood of Bangsar.
Malaysian property agents must reach out to foreign markets in globalised era
KUALA LUMPUR (March 12): As globalisation is an unavoidable trend in the future, especially after the signing of Trans-Pacific Partnership (TPP), Malaysian real estate agents need to equip themselves with cross-border property investment knowledge to embrace future challenges, urged Malaysia Property Incorporated (MPI) general manager Veena Loh (pictured).
Gen-Y and Gen-X should work together to improve the industry
KUALA LUMPUR (March 11): The tech-savvy Gen-Y agents and Gen-X agents with wide networks should team up to grow the industry, said young real estate leaders.
Best Western Plus Kuching to open in 2018
PETALING JAYA (March 11): Best Western Plus Kuching – international hotel operator Best Western Hotels & Resorts’ first foray into Sarawak’s capital – is expected to open in 2018, it said in a press release today.
MIEA targets 22,000 registered real estate negotiators this year
PETALING JAYA (March 11): The Malaysian Institute of Real Estate Agents (MIEA) is targeting for 22,000 registered real estate negotiators (RENs) to be under the institute by this year-end, said MIEA deputy president Eric Lim.
Treading cautiously while remaining optimistic
2015 was indeed a challenging year for the market due to several internal and external issues, such as the implementation of the Goods and Services Tax (GST), the weakened ringgit, political uncertainty, and property market cooling measures, resulting in poor consumer sentiment.
Malaysia’s property market may see recovery at year-end, says economist
PETALING JAYA (March 9): The Malaysian property market is expected to see some signs of recovery by this year-end, supported by an improving local economy and market sentiment.
Sansiri unveils flagship THB8.5 billion luxury condominium in Bangkok
BANGKOK (March 9): Thai developer Sansiri Public Co Ltd today unveiled its THB8.
80% of Taman Idaman Murni 2 semi-dees taken up
SEPANG (March 9): Sin Hee Yang Property Management Sdn Bhd’s first project this year, Taman Idaman Murni 2 at Bandar Baru Salak Tinggi, Sepang, has achieved 80% sales, according to director Loo Chee Yang.
