So we have been more than one year into the COVID-19 pandemic and lockdowns, how has it affected property prices? That might the question most home buyer and investors are asking at this moment. Well in Selangor, data shows that residential property prices may finally be coming down. That’s what…
Tag: property outlook
Mah Sing Targets RM1.6 Billion for 2020
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…
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…
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…
Mah Sing Foresees a Time of Recovery
After a tough couple of years for Mah Sing Group Bhd, their 2018 full-year revenue and net income are forecast to be at a 5-year low, at best. Group managing director Tan Sri Leong Hoy Kum, however, sees the decline in annual property sales stabilising this year. “At the very…
Knight Frank Sees Property Market Sentiment Improving in 2019
KUALA LUMPUR — Sentiment in Malaysia’s property market is expected to improve in 2019, especially the residential property market, as policies announced under Budget 2019 are expected to strengthen demand, particularly among first-time home buyers, said property advisor Knight Frank Malaysia. “The property market in Malaysia experienced a pick-up in…