FREE MALAYSIA TODAY. 10TH JANUARY: LBS Bina Group Bhd (LBS) plans to launch 12 new projects with a gross development value (GDV) of RM2.09 billion this year. These will comprise 4,021 cumulative units in the Klang Valley, Johor, Pahang and Perak, said its executive chairman Lim Hock San. “I have set the GDV target at […]
THE STAR. 11TH JANUARY: Johor developers are optimistic that the property market outlook in Iskandar Malaysia will remain positive this year despite uncertainties in the global economy. They said the property market would also not be badly impacted by the Overnight Policy Rate (OPR), which is expected to further rise twice in 2023. Gunung Impian Development […]
PENANG PROPERTY TALK. 11TH JANUARY: Malaysia’s property market sector will continue to recover although at a slower pace with Asia Pacific facing significant headwinds and an overcast global economy in 2023, said global property consultancy Knight Frank Malaysia. Group managing director Keith Ooi said introducing green incentives should be the key initiative to drive the […]
EDGEPROP. 10TH JANUARY: “Local economists believe that Malaysia will not enter a recession, although the rate of growth is expected to slow down.” Despite Malaysia’s residential property market being expected to face some headwinds this year, Henry Butcher Malaysia is confident that the market is not likely to reverse gears along its current recovery path. […]
NEW STRAITS TIMES. 10TH JANUARY: Overview of the Malaysian property market in 2022 The Malaysian property market was able to stage a quick recovery from the pandemic-induced slowdown in 2020 as statistics compiled by the Valuation & Property Services Department of the Ministry of Finance (JPPH) indicated that the volume and value of property transactions […]
NEW STRAITS TIMES. 9TH JANUARY: Radium Development Berhad, which has received approval from the Securities Commission to list its shares on Bursa Malaysia, said that its strategy to build affordable houses has been a resounding success. Group managing director Gary Gan Kah Siong said the company has deliberately focused on facilitating home ownership within Kuala […]
FREE MALAYSIA TODAY. 8TH JANUARY: Ten Malaysian companies have given their preliminary commitment to participate in the US$35 billion (RM154 billion) development of Indonesia’s massive new capital, Nusantara, in eastern Kalimantan. The companies exchanged letters of intent, witnessed by Prime Minister Anwar Ibrahim who is on a two-day official visit to Indonesia, his first visit […]
THE EDGE MARKETS. 8TH JANUARY: Prime Minister Datuk Seri Anwar Ibrahim on Sunday (Jan 8) witnessed the exchange of nine memorandums of understanding (MOUs) involving Malaysian companies on both projects and collaborations as well as the handover of a string of letters of intent (LOIs). The MOU between ASIC Offshore and Marine Sdn Bhd and […]
ALIRAN. 6TH JANUARY: Shouldn’t we focus on creating a more sustainable economic model instead of building more and more infrastructure of the wrong kind? A major new item broke recently with little public comment: The population of a couple of key Malaysian cities is declining while the national population is plateauing. This trend will have a […]
TECH BULLION. 6TH JANUARY: For many people living in Malaysia and Singapore, access to affordable real estate is a challenge. Lower salaries and inferior building codes have allowed many people to face challenges in finding homes that were fitting for their families. Over the last few years, a significant number of changes have occurred to help […]