EDGEPROP. 23RD MAY: Tun Razak Exchange’s (TRX) infrastructure is now 99 per cent completed, with the remaining one per cent nearing completion, master developer of the financial district TRX City Sdn Bhd said. “Although we were constrained by the Movement Control Order (MCO) resulting from the COVID-19 pandemic, we managed to continue developing TRX and […]
FREE MALAYSIA TODAY. 22ND MAY: Five associations have joined hands with residents of outlying Sungai Ara in their years-long bid to stop a property development on “environmentally sensitive” hillsides there by Sunway City. The five groups are the Consumers’ Association of Penang (CAP), Sahabat Alam Malaysia, Penang Forum, Tanjung Bungah Residents Association, and Penang Hills […]
THE EDGE MARKETS. 22ND MAY: SkyWorld Development Group Sdn Bhd aims to continue improving on building and designing quality properties for homebuyers. CEO Lee Chee Seng notes that the developer is focused on creating value for buyers, and that he hopes buyers will be able to enjoy comfortable and quality living conditions when they purchase properties […]
NEW STRAITS TIMES. 20TH MAY: The local real estate market is improving at a slow pace as consumer sentiment remains hampered by the prolonged post-Covid-19 effects and rising inflation, says Shylendra Nathan, country manager, Malaysia (PropertyGuru.com.my and iProperty.com.my). Although many predict a steady upswing in the second half of the year, potential homebuyers are wary […]
EDGEPROP. 20TH MAY: The Selangor State Development Corporation (PKNS) expects to be able to record profits of up to RM300 million this year. Selangor Menteri Besar Datuk Seri Amirudin Shari said the positive projection would be premised on the restructuring of investment and corporate elements as well as the contribution from good developments registered by […]
EDGEPROP. 20TH MAY: EdgeProp Malaysia and Hartamas Real Estate Group have partnered up to provide comprehensive marketing solutions for Hartamas real estate agents. The collaboration was marked by a signing of a Memorandum of Understanding (MoU) on April 27 by Hartamas Real Estate Group founder & managing director Eric Lim and EdgeProp Malaysia managing director […]
THE MALAYSIAN RESERVE. 19TH MAY: PROPERTYGURU Malaysia is seeing slow improvement in the real estate market as consumers grapple with lingering post-Covid-19 effects. PropertyGuru.com.my and iProperty.com.my country manager Malaysia Shylendra Nathan (picture) said: “Potential buyers are cautious” with their attention on rising inflation and seeking refuge in economic stability and job security. Buyers may be hesitant to move forward […]
EDGEPROP. 19TH MAY: Currently attached to CID Realtors, Bobo Lee Po Po has had three years of experience in handling residential properties ranging from sales, rentals, housing maintenance and more. However, she has been dabbling in the property industry for over seven years. Previously, when she was an assistant accounting administrator, she dealt with artistes […]
EDGEPROP. 19TH MAY: Sunway Real Estate Investment Trust’s (Sunway REIT) net property income (NPI) for the first quarter ended March 31, 2022 (1QFY22) jumped 77.4% year-on-year (y-o-y) to RM118.9 million from RM67.02 million driven by strong pick up in business activities for the retail and hotel segments due to the relaxation in movement restrictions. Earnings […]
FREE MALAYSIA TODAY. 18TH MAY: China’s new-home prices in April fell for the first time month-on-month since December, official data showed today, depressed by fragile demand in small cities and widespread Covid-19 lockdowns. Average new-home prices in 70 major cities fell 0.2% on a month-on-month basis, compared with zero growth in March, according to Reuters […]