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Latest Credit, Finance & Industry News
KL remains top choice for commercial investment, development [24-02-2017]
Kuala Lumpur remains the top choice for commercial investment or development, followed by Selangor, (23 per cent), Penang (17 per cent), Johor (20 per cent) and Sabah (11 per cent), said Knight Frank Malaysia. In a statement today, the global property consultancy said, according to its Malaysia Commercial Real Estate Inve>>>>>[Read More]

Mall oversupply situation to take at least three years to improve [24-02-2017]
The retail mall market is expected to take three to four years from now to improve as more malls open in the next few years adding to the oversupply in retail spaces, said Savills (Malaysia) Sdn Bhd managing director Allan Soo. He told the audience at the 10th Malaysian Property Summit 2017 that the industry has b>>>>>[Read More]

House prices can be reduced up to 40% by offering bare units, says Rehda past president [24-02-2017]
If developers adopt the core housing development concept, house prices could come down by 30% to 40%, said past president of the Real Estate and Housing Developers' Association (Rehda) Datuk Ng Seing Liong. Under the core housing concept, developers build and sell bare units which only have walls and other basic par>>>>>[Read More]

Strong demand for affordable homes [24-02-2017]
Affordable housing will continue to lead demand in the residential segment of the property market, amid expectations that sentiment will remain soft this year. Finance Ministry valuation and prop>>>>>[Read More]

Buy Resale Homes Instead of New Properties, Experts [24-02-2017]
Some experts revealed that it’s currently better to buy resale properties than new ones, given that Malaysia’s housing market is expected to remain sluggish this year, reported the Malay Mail Online. “There is a strong growth in the secondary market. Perhaps this is the area where there can be com>>>>>[Read More]

Malaysian palm oilprice recovers from 3-1/2-mth low on bargain buying [23-02-2017]
Malaysian palm oil futures rose on Wednesday to bounce of a more than three-month low in the afternoon session as bargain hunters shrugged off market expectations of higher supplies and weak demand.  Benchmark palm oil>>>>>[Read More]

Malaysia's consumer price index up 3.2% in Jan [22-02-2017]
Malaysia’s consumer price index (CPI) rose 3.2% to 118.2 in January 2017 from 114.5 in the corresponding period last year, with a 1.1% increase on a monthly basis. The major groups which re>>>>>[Read More]

RHB Research raises Malaysia?s export growth forecast to 6% [21-02-2017]
RHB Research Institute has revised upward Malaysia’s export growth forecast to 6% this year from an earlier expectation of 2%. In a research note on Monday, it said the more bullish forecast is on account of the recovery in demand for commodity products, aided by higher prices and p>>>>>[Read More]

Affordable housing the key [20-02-2017]
While big property developers are busy building townships beyond the Klang Valley, their “smaller” peers are more aggressive in developing affordable houses in more matured and prime areas in Kuala Lumpur and Selangor. These small players, especially the niche and boutique developers, have begun prepar>>>>>[Read More]

Will 2017 be a better year? [20-02-2017]
THERE is every reason to believe that the Malaysian economy will still be under pressure this year despite the acceleration in growth in the last quarter of 2016 and the expected improvement from the second half of this year.>>>>>[Read More]


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