KUALA LUMPUR: Prices of luxury homes across 33 cities saw an increase of only 0.2% in the third quarter of 2014 (3Q14), the weakest performance in two years, reported Knight Frank’s Residential Research Prime Global Cities Index 3Q14. Prime residential prices rose 4% over a 12-month period, down from 6.6% a year earlier. Despite the …
KUALA LUMPUR (Jan 5): JF Apex Securities Research said it envisages another tough year for the property sector as empirical evidence suggests that developers had experienced slowdown in their new sales since 2H14 with no signs of pre-Goods and Services Tax (GST) rush and relaxation of tightening lending. In a nore Jan 5, the research …
KUALA LUMPUR: Thanks to the government’s ambitious infrastructure goals, 2015 will likely be a busy year for contractors. “Judging by Budget 2015, it is going to be a good year for the construction sector because the government is ramping up infrastructure development. So, the usual challenges like job prospects and filling up an empty order …
KUALA LUMPUR (Jan 2): CIMB Research has downgraded the Property sector to “Neutral” from “Overweight” and said while the property sector was one of the better performing sectors in 2014, that would be difficult to sustain in 2015 in view of the imminent implementation of the 6% goods and services tax (GST) starting Apr 1. …
CIMB Research downgrades property sector to ‘neutral’ Read More »
With rapid development in Malaysia and the ever increasing population, much land area has been cleared for commercial and residential projects. This has led to scarcity of land which resulted in the emergence of high-rise residential buildings – apartments and condos. High-rise living has become quite popular in recent years but some still prefer to …
THE Penang secondary property market continues to perform well as developers hold back launches due to new and unbudgeted infrastructure charges, says Raine & Horne International Zaki + Partners Sdn Bhd director Michael Geh in presenting the Penang Housing Property Monitor for 3Q2014. “Activity in the market is limited to people who really need to …
