EPF to Dispose 2 London Properties
Malaysia’s Employees Provident Fund (EPF) plans to dispose two of its properties in London, namely Tower Bridge House at St Katharine Docks and St James Square in West End. Read more...
Continue Reading • Jan 26, 2017
Asia Poly to Venture into Property Development
In a bid to branch out into the property market and improve it earnings, cast acrylic products manufacturer Asia Poly Holdings plans to take over High Reserve Land Sdn Bhd (HRLSB). Read more...
Continue Reading • Jan 26, 2017
Large Projects in Johor may Become Deserted
The massive developments happening in Johor could become ghost towns when they are completed which may negatively impact the prices of nearby properties as nobody one wants to reside in an empty neighbourhood. Read more...
Continue Reading • Jan 25, 2017
More High-End Condos Launched in 2H 2016
Despite the subdued property market, more high-end condominiums were launched in the second half of 2016. Property consultancy expects 3,185 more units to enter the market by the first half of 2017. Read more...
Continue Reading • Jan 25, 2017
Offer Freebies to Lure Office Tenants, says JLL
To attract and retain tenants amidst a glut of office space and falling occupancy level in Klang Valley, landlords need to offer ways to further lessen rental costs. Read more...
Continue Reading • Jan 23, 2017
Analysts Offer Mixed Views on OPR
Analysts offer mixed views on the outlook of the Overnight Policy Rate (OPR). MPC believes inflation and economic activity is stable at the present OPR level. Read more...
Continue Reading • Jan 23, 2017
KL Office Rent May Fall on Supply Glut
With demand for office space continuing to drop from 2016, Kuala Lumpur and its surrounding areas are expected to witness an office supply glut that could lead to a decline in rent, according to JLL Malaysia.
Continue Reading • Jan 20, 2017
Upscale Home Prices May Fall Further
Prices of luxury homes, especially strata units, are expected to decline this year due to the absence of the Developer Interest Bearing Scheme (DIBS)
Continue Reading • Jan 20, 2017
Central Bank Keeps OPR at 3%
In line with the expectations of most economists, Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) maintained the overnight policy rate (OPR) at 3.0 percent during its latest meeting on Thursday (19 January).
Continue Reading • Jan 20, 2017
Property Investments Outperform Other Assets
Real estate offers higher return on investment (ROI) of around 5.2 percent versus 2.0 percent to 3.0 percent for stocks, bonds, and mutual funds. Read more...
Continue Reading • Jan 19, 2017
Selangor Land Authorities Violated Residents' Constitutional Rights
The constitutional right to property of residents in a Kuala Selangor neighbourhood may have been violated by Selangor land authorities when they approved a Chinese cemetery project within the area. Read more...
Continue Reading • Jan 17, 2017
Outlet Mall to Open in Sepang Next Year
The much awaited for KLIO is being renamed to Horizon Village Outlets (HVO) to avoid confusing the outlet with KLIA. HVO will be opened by mid-2018 within Serenia City, a 2,370-acre township by Sime Darby in Sepang.
Continue Reading • Jan 17, 2017
BNM May Introduce More Measures to Stabilise Ringgit
Amidst the weakening Ringgit, Bank Negara Malaysia may be stepping in with more measures to stabilise the currency. Speculative activity has reduced since the the first measures were taken on 5th December 2016.
Continue Reading • Jan 16, 2017
Good Samaritan Helps Couple Get Their Home Back
Bankrupt couple can now keep their home after kind hearted samaritan helped them. PPIM persuading bank to rescind the couple's bankruptcy status and have started a donation drive to gather money to help the couple repay the rest of their loan.
Continue Reading • Jan 13, 2017
Bangsar to Remain as a Premium Address
Bangsar is still expected to be the chosen home of the affluents. A wide array of amenities and its excellent location seems to be Bangsar's winning factors. Read more...
Continue Reading • Jan 13, 2017
Use Appropriate Names for Buildings: DBKL
Developers are to use appropriate names for their developments. Foreign names will still be approved, upon DBKL checking the meaning of the name in the foreign language before approving it
Continue Reading • Jan 12, 2017
Proposed Chinese Cemetery Irks Residents
The proposal to build a Chinese cemetery at the centre of five villages in Kuala Selangor earned the ire of residents, as the project may affect the economic interest of the residents.
Continue Reading • Jan 12, 2017
Amend Sarawak’s Land Code, Urges Deputy CM
Sarawak’s Land Code should be revised to provide clarity as to what encompasses communal land or territorial domain (pemakai menoa), over which the Dayak community can assert their native customary rights (NCR). Read more...
Continue Reading • Jan 12, 2017
Victims of Abandoned Housing Project Seek Help
Victims of an abandoned Residential development in Serendah are now asking for assistance from government officials after the contractor failed to fulfil its obligation since 14 years ago. Read more...
Continue Reading • Jan 11, 2017
A Call to Rescind New Policy on Foreign Worker Levy
MBAM has called on the government to rescind its new policy on foreign worker levy as it would result to higher construction cost as well as cause dissatisfaction among local workers.
Continue Reading • Jan 11, 2017