THE residential property market, which has seen steady growth so far this year, is expected to continue its positive trajectory for the remainder of 2024, according to property consultants.Despite the upbeat outlook, they expect moderate growth in terms of value and volume. Source link...
PETALING JAYA: Axis Real Estate Investment Trust (Axis-REIT), which saw an improvement of about 25% in its bottom line for the first half of financial year 2024 (1H24), is confident of maintaining its current performance through the rest of its financial year ending Dec 31, 2024 (FY24). In a filing with Bursa Malaysia,...
AMID challenges in the property market such as high household debt, rising inflation and the escalating cost of living, the focus on affordability in residential developments has never been greater.This will no doubt see many developers launching more products within the affordable-housing segment....
THE local property market is on track to benefit from steady streams of foreign investments into the country, as rising investor sentiment and business confidence levels will have a positive impact on the real estate segment.Last month, Prime Minister Datuk Seri Anwar Ibrahim revealed that Malaysia had successfully...
STELLAR property market statistics for 2023, as well as solid earnings performances by local developers, seem to have all but confirmed that the sector is set to see encouraging growth this year.Property consultants expect the market to resume the positive momentum, while several developers are also projecting better...
THE residential property market is on track to resume its positive momentum into 2024, supported by various factors that will continue to drive the sector.These include supportive market initiatives, spillover from large scale construction developments, demand-driven projects and stable interest rates....
THE Penang property market, which has demonstrated solid growth since the country’s recovery from the pandemic, is expected to maintain this positive trajectory moving forward.CBRE|WTW Penang director Peh Seng Yee says the Penang property market, in general, has performed better in 2023, compared with last year....
WHILE the level of property overhang has been on a downtrend, much can and should be done to improve the situation, say property consultants.Savills (M) Sdn Bhd group managing director Datuk Paul Khong says the public and private sectors need to play their part to help reduce the country’s property overhang levels....