Mah Sing Group Bhd says there is rising interest for its product offerings from overseas buyers in view of Malaysia’s attractive unique value proposition as a destination for retirement and education purposes as well as real estate investments business. The developer plans to launch RM2.1 billion worth of new projects…
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Shah Alam Turning Into a Ghost City??
This is what we think. Recently, there was an article about Shah Alam turning into a ghost city that received a lot of reactions. Many netizens commented, especially those who stayed for over 30 years in Shah Alam (like yours truly). We wanted to share a fairer view of Shah…
Blind Woman Bought Penang House in Cash
GEORGE TOWN – Born blind and abandoned at birth, Esah Hussin epitomises the adage that anything is possible with grit and determination. The telemarketing officer, 42, has just moved into her newly bought low-medium-cost apartment in Tanjung Tokong, Penang which she bought for RM72,500 in cash. She had saved the…
Beli ‘Jodoh’ Orang Lain
KLANG – Seperti jodoh, rezeki memiliki kediaman sendiri juga adakalanya tiba dalam keadaan tidak disangka. Ada yang bertahun-tahun mencari, tapi belum berjaya memiliki apa yang diidamkan, namun ada pula ‘bertemu jodoh’ walaupun pada asalnya ‘jodoh’ itu untuk orang lain. Selepas menyewa hampir enam tahun, impian Indra Suatau, 35 memiliki kediaman…
Malaysian Property Developers Are Not Optimistic
KELANA JAYA — Property developers in Malaysia are not optimistic about the sector’s outlook in 2H 2019 at least until the end of the year. Real Estate and Housing Developers’ Association (REHDA) is neutral on the market in the second half of 2019 but feels that things will get better…
New Property All Sold Out During Soft Launch
Keen buyers queued up as early as 4.30am PENANG — Iconic Worldwide Bhd’s maiden property project Iconic Point recorded a 100 per cent take-up rate during its soft launch at its sales gallery in D’Piazza Mall, Penang. Ten minutes into the two-day soft launch, 70% of the units offered were…
Sell Properties to China or Hong Kong, Says Minister
I said even a minister can’t afford (the flat in Hong Kong). Housing and Local Government Minister Zuraida Kamaruddin KUALA LUMPUR — Putrajaya may organise another Home Ownership Campaign (HOC), only this time for buyers in China and Hong Kong, said Housing and Local Government Minister Zuraida Kamaruddin. But, she…
Malaysian Home Prices Lowest in 5 Years
Original article by by Pankaj C. Kumar
Just about a month ago, the National Property Information Centre (NAPIC) released the Malaysian housing data for the first quarter (Q1) period ended 2019. There are several interesting findings from the state of the Malaysian property market in the first quarter, especially for homebuyers but definitely not for developers, as overhang remains elevated.
Is the Worst Over for Malaysian Property Market?
Yes, according to this real estate firm. PETALING JAYA — The Malaysian property market is showing signs of bottoming out, underpinned by government-driven initiatives such as the ongoing Home Ownership Campaign 2019 (HOC). Knight Frank Malaysia managing director Sarkunan Subramaniam said in a statement yesterday that Malaysia’s property market is…
China’s Ambassador Declares Friendship Forever With Malaysia
PETALING JAYA — Following Tun Dr Mahathir Mohamad’s comment that Malaysia would use Huawei’s technology, China’s ambassador Bai Tian has penned a heartfelt letter on the flourishing 45-year friendship between the two countries. In a signed seven-page letter titled “Friendship Forever China-Malaysia”, Bai Tian traced the history of the China-Malaysia…