THE MALAYSIAN RESERVE. 15TH FEBRUARY: The improvement of overall residential overhang units in the third quarter of 2022 (3Q22) indicates optimism on the property market for 2023. National Property Information Centre (Napic) data indicates that the number was down to 29,534 units — valued at RM19.95 billion — from 34,092, with more units being absorbed gradually. “The […]
THE MALAYSIAN RESERVE. 15TH FEBRUARY: The central bank’s recent pause in rate hike should augur favourably for overall housing demand, more so for the affordable to mid-range properties where buyers are more interest-rate sensitive. A local equity research house said that the rate hike pause also provided a much-needed breathing room for developers with high debt levels […]
PROPERTY GURU. 13TH FEBRUARY: Following the sensational news of the visitation of Defence Minister Datuk Seri Mohamad Hasan on 25 Jan for “Satu Anggota, Satu Rumah” (SASaR) housing project, Residensi Sateria in Sungai Besi is one of the SASaR housing projects for Malaysian Armed Forces (MAF) to create places where their own homes are realised. […]
PROPERTY GURU. 13TH FEBRUARY: Rahim & Co expects Malaysia’s property market to be stable in 2023, with a gradual recovery forecasted despite cautious sentiments due to the anticipated economic headwinds. Meanwhile, the COVID-19 pandemic has sparked demand for residential auction properties since prices are usually lower than the market value. 1. Property market set for gradual […]
DAILY EXPRESS. 12TH FEBRUARY: The long abandoned Sulaman condominiums that came under liquidator care to be rehabilitated and finally completed recently, has since obtained Occupancy Certificate and was the most positive news for Sabah’s property market moving into 2023. The other positive development was implementation of Sabah’s own MM2H that brightens property market’s prospect with Chief […]
EDGEPROP. 9TH FEBRUARY: Executive chairman Tan Sri Abdul Rahim Abdul Rahman: Despite the various economic and geo-political challenges that still remain, in addition to the rising inflation and interest rate hikes that prolonged the ‘wait-and-see’ attitude of buyers; transaction activities in 2022 have proven the market to be somewhat resilient — showing a significant rebound […]
NEW STRAITS TIMES. 9TH FEBRUARY: A strong white-collar technology sector will push up housing demand and prices in Kuala Lumpur, Putrajaya, and Johor in the long run, says Juwai IQI co-founder and group chief executive officer Kashif Ansari. Kashif feels that the most significant aspect of the expansion of Malaysia’s technology industry is the talent […]
THE MALAYSIAN RESERVE. 10TH FEBRUARY: Several factors must be weighed to determine which is best suited for the buyer Among a homebuyer’s considerations, besides budget and location, is whether to get a high rise or landed property. Each of these types of property has its pros and cons, and to determine which is best suited for the […]
FREE MALAYSIA TODAY. 9TH FEBRUARY: Malaysia will find it difficult to emulate Singapore in ensuring affordable housing for all, according to a property expert. The director of property consultant Rahim & Co’s Petaling Jaya office, Choy Yue Kwong, said the challenge centred around the administrative process. Unlike Singapore, Choy said, there are too many authorities […]
THE STAR. 9TH FEBRUARY: Malaysia’s property market is expected to be stable and is set for a gradual recovery despite cautious sentiments amid the anticipated economic headwinds in 2023, according to real estate consultancy firm, Rahim & Co International Sdn Bhd. Executive chairman Tan Sri Abdul Rahim Abdul Rahman said the firm is cautiously optimistic […]