KUALA LUMPUR — Compared to the same period last year, the property market has seen a 48.35% increase in unsold completed residential units as of September 30. A report by The Star cites a Valuation and Property Services Department (JPPH) source who said that the JPPH uses data they receive…
PETALING JAYA — Malaysia is entering 2019 with unsold completed residential units rising to 30,115 units as at Sept 30, 2018, an increase of 48.35% from the 20,304 units a year ago. According to the Valuation and Property Services Department’s (JPPH) latest figures released on Saturday, the total value was…
PETALING JAYA — The latest report by Moody’s Investors Service has set off alarm bells over the direction of Malaysia’s financial system, after the ratings agency called property loans the greatest threat for Malaysian banks. The worrying remark in Moody’s 2019 outlook report for Asia-Pacific banks came after Bank Negara’s…
Prime Minister Dr Mahathir Mohamad has attributed Malaysia’s stability to Bloomberg’s glowing assessment of the country against other 19 other emerging markets. According to Bloomberg, Malaysia remains on top of the list due to its current account surplus, relatively stable growth outlook and valuations. When asked to comment on this…
Adoption of peer-to-peer (P2P) financing has skyrocketed in Malaysia – this year RM159.56mil was raised, up from just RM17mil last year. Fundaztic chief executive officer Kristine Ng Wri Miem reveals P2P has been driven largely by younger users, as 59% of its investors are under 35. In comparison, 35 to…
Kuala Lumpur — Lazada Group will begin selling houses on its online shopping platform soon and is planning its next shopping festival, 12.12, to boost sales. As it is, Lazada offers hundreds of different types of products on its platform and will add one of the biggest items in the…
KUALA LUMPUR — Sime Darby Property Bhd is looking at undertaking a tactical price review of its unsold units after net profit for the three months through September dropped 93% to RM28.8mil. The company’s strategy is only to be expected due to the high level of unsold inventory units. Coupled…
KUALA LUMPUR — Airbnb has recorded a 99% increase in guest arrivals in Malaysia to two million as at July 2018, making the country the fastest growing in Southeast Asia for the platform. At a media briefing today, Airbnb’s head of public policy in Southeast Asia Mich Goh said the…
KUALA LUMPUR — Sunway Velocity Mall was recently awarded the FIABCI Malaysia Property Award 2018 under the Retail Category. The Malaysia Property Award honours developments that display excellence in all aspects of their creations. Judged over seven months by an independent panel of experts, the entries were evaluated based on…
Kad pengenalan atau IC adalah harta yang sangat bernilai buat seseorang. Andai ia jatuh ditangan mereka yang tidak bertanggungjawab, pasti pelbagai masalah akan timbul. Bagai sudah menjadi lumrah, pengawal keselamatan akan meminta kad pengenalan anda, dan mungkin akan menyimpan kad pengenalan anda itu untuk tujuan keselamatan, sebelum anda dibenarkan masuk…
