Real estate prices are never easy to predict thanks to their periodically unexpected fluctuations. Once a shining example for South-East Asian property investors, Malaysia’s property market has seen its fair share of fluctuations these past years.Some regions have shown a decline while others are continuing to thrive....
Should You Invest In A Subsale Or A Brand New Property? As a first-time buyer, upgrader, or savvy property investor, one of the most crucial decisions you’ll face before making any investment is choosing what type of property to invest in. Once you know what kind of home you want and where it should be, the next decision will either make or break your investment decision. “Should I...
Are You Currently House Hunting? Here's How To Choose Between a New Launch Property or a Subsale House The prospect of owning your very first property is indeed exciting. But if everything about the property market is new to you, it’s prudent to get your basics down first. The first thing to know is the available types of property. There are three main options – primary market, secondary...
PETALING JAYA: Prices of high-end properties in Kuala Lumpur are expected to surge upward, no thanks to foreign buyers who are scooping up luxury homes, said Universiti Teknologi Malaysia property economics and finance associate professor Dr Muhammad Najib Razali. “As a consequence of this, Malaysians in the middle and upper-middle-income brackets will find it increasingly difficult to afford...
JAKARTA: Investors continue to show strong interest in properties in Jakarta and the surrounding Greater Jakarta metropolitan area despite the construction of the country’s new capital located in East Kalimantan, according to property consultancy Jones Lang LaSalle (JLL) Indonesia.Surabaya in East Java and Bali also...
JOHOR BAHRU: Industrial REIT AME Real Estate Investment Trust (AME REIT) recorded a 6.7% increase in net property income (NPI) to RM11.4 million in the first quarter ended June 30, 2024 (1Q25) from RM10.7 million in the previous corresponding quarter (1Q24). The growth was driven by a 8.2% rise in rental income to RM12.3 million from RM11.4 million previously, attributed to contribution from an...
KUALA LUMPUR: Malaysia is developing a super app that allows potential homeowners or buyers to access data on developers and projects with the aim of enhancing ease of doing business and reducing property overhang, said Housing and Local Government Minister Nga Kor Ming. The system utilising big data analytics is expected to be launched by 2025 at the latest. “This will improve the ease of doing...
PETALING JAYA: Plastic packaging manufacturer and supplier CYL Corp Bhd is proposing to diversify its business to include property development. In a filing with Bursa Malaysia, CYL said the property development business is to be undertaken through CYL Group’s wholly-owned subsidiary, CYL Land Sdn Bhd, by undertaking a...
KUALA LUMPUR: The Malaysian property market was active in the first quarter of 2024 (Q1’24) with more than 104,297 transactions worth RM56.53 billion, a 34.3% jump in value compared with the first quarter a year ago. Valuation and Property Services Department director-general Abdul Razak Yusak said in terms of volume, property sub-sectors recorded positive growth in Q1’24; the commercial...
PETALING JAYA: Tropicana Bhd is re-entering the Johor property market after a hiatus of about three years, with two launches planned for 2024, spurred by rapid growth in the state. According to Tropicana marketing and sales/business development managing director Ixora Ang, the company’s outlook for the southern state is bullish, underpinned by the announcements of several key developments such as the...