Bank Negara: Housing market activity improves heading into 2022, despite the high number of unsold houses

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NEW STRAITS TIMES. 30TH MARCH: Some improvements in housing market activity are visible heading into 2022, although the number of unsold houses remained high at 180,702 units in the third quarter (Q3) of 2021. Disruptions caused by the pandemic partly contributed to the slower clearance of unsold housing stock despite ongoing home purchase incentives, said […]

Border Reopening Not to Significantly Affect Rental Market, Easing of Safe Distancing Measures at Sales Galleries to Support New Home Sales and More

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PROPERTY GURU. 29TH MARCH: Property analysts do not expect the reopening of land borders with Malaysia to have a major impact on Singapore’s residential leasing market. They also expect the relaxation of safe management measures at sales galleries to help boost new home sales. 1) Border reopening not to significantly affect rental market Property analysts do […]

PR1MA submits RM8.1 bil strategic investment proposal to QIA

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EDGEPROP. 30TH MARCH: Perbadanan PR1MA Malaysia (PR1MA) has put forward a strategic investment proposal worth RM8.1 billion to the Qatar Investment Authority (QIA) to explore investment opportunities in Malaysia, especially in the housing sector. Prime Minister Datuk Seri Ismail Sabri Yaakob said the Qatari government had agreed for QIA to hold further discussions with PR1MA, […]

PR1MA submits RM8.1bil investment proposal to the Qatar Investment Authority, which includes housing development

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NEW STRAITS TIMES. 30TH MARCH: The Qatar Investment Authority (QIA) has received a strategic investment proposal worth RM8.1 billion from Perbadanan PR1MA Malaysia (PR1MA) to explore investment opportunities in Malaysia, particularly in the housing sector. According to Bernama, Prime Minister Datuk Seri Ismail Sabri Yaakob said that the Qatari government had agreed for QIA, the […]

Bank Negara: Housing market activity improves heading into 2022

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THE STAR. 29TH MARCH: Some improvements in housing market activity are visible heading into 2022, although the number of unsold houses remained high at 180,702 units in the third quarter (Q3) of 2021. Disruptions caused by the pandemic partly contributed to the slower clearance of unsold housing stock despite ongoing home purchase incentives, said Bank […]

LSH Capital expands into property, construction biz

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THE MALAYSIAN RESERVE. 29TH MARCH: Lim Seong Hai Capital Bhd (LSH Capital) has announced a series of corporate proposals as part of its upstream integration growth into property development and to boost its rapidly developing construction company.  The corporate proposals, with a combined acquisition value of RM157.6 million, includes the acquisition of a 100% stake in Astana […]

Johor Developers Expect Rents To Rebound With Border Reopening, Strata Titles Act To Be Amended, And More

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PROPERTY GURU. 28TH MARCH: Property developers in Johor expect rental rates within the state to rebound to pre-pandemic levels once land borders between Singapore and Malaysia are reopened. Meanwhile, Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican said the Strata Titles Act 1985 (Act 318) will be amended to address the issue […]