IKEA’s Toppen Shopping Centre comes to JB
MORE THAN THAT, IT’S GOING TO BE A NOVEL ROOFTOP COMMUNITY HUB, FUSING SCANDINAVIAN COMFORT WITH MALAYSIAN HOSPITALITY BY Zoe Phoon IKEA Southeast Asia – which owns and operates IKEA stores selling well-designed home furnishing products in Singapore, Malaysia and Thailand – has announced the development of Toppen Shopping... Read more
How do wealthy Malaysians stack up?
REPORT: THEY INVEST IN PROPERTY, ARE SANGUINE ABOUT CRYPTOCURRENCIES AND ARE KEEN TO SEND THEIR KIDS ABROAD FOR EDUCATION BY Zoe Phoon Cross-border real estate continues to attract Asian investors with wealthy individuals in Malaysia, Hong Kong and China most likely to buy, according to global property consultancy Knight... Read more
Interest rates go up!

Interest rates go up!

News January 25, 2018

BANK NEGARA RAISES OPR ON THE BACK OF ‘STRONG GROWTH MOMENTUM’ At the Monetary Policy Committee (MPC) meeting held today, Bank Negara Malaysia (BNM) decided to increase the Overnight Policy Rate (OPR) by 25 basis points to 3.25%. As such, the floor and ceiling rates of the corridor for... Read more
Investors make beeline for India, Vietnam, Philippines  
RISING AND SPRAWLING MEGA CITIES IN EMERGING ECONOMIES ARE SETTING THE PACE FOR TOMORROW   BY Zoe Phoon Bangalore, Mumbai, Ho Chi Minh City (HCMC) and Manila took the top four spots in markets to watch, according to the Emerging Trends in Real Estate Asia Pacific 2017 report. Each... Read more
PropertyGuru to lend buyers a helping hand
RM50,000 IS YOURS IF YOU WIN THE ‘MY DREAM HOME’ CONTEST BY Zoe Phoon Affordability and homeownership remain challenges for most Malaysians, especially first-time buyers. Now, here’s an answer to getting onto the property ladder – but you have to enter a contest, then RM50,000 is yours if you... Read more
Prestige and passion provide canvas for SkyWheel
M101’S RISING ICON SETS A NEW BENCHMARK FOR LUXURY INNER-CITY LIVING WITH PORSCHE DESIGNED LUXURY SUITES A new icon is rising in the heart of Kuala Lumpur city and it looks set to take style, prestige and passion for design to an entirely new stratosphere. The M101 SkyWheel project... Read more
Introducing… the industrial space of the future
WE SPEAK TO AREA MANAGEMENT EXECUTIVE CHAIRMAN LABROOY ABOUT THE NEW BREED OF MANAGED INDUSTRIAL PARKS AND MORE… BY Zoe Phoon Developers and industry stakeholders are realising the need to do more than just offer a choice property to compete. Find out what’s in store for the new breed... Read more
Govt to double up on PPA1M offering
The federal government has announced that it will double the number of units to be developed under the 1Malaysia Civil Servants Housing (PPA1M) programme to 200,000 units. Prime Minister Datuk Seri Najib Razak made the announcement during a handover of keys ceremony for the Selasih PPA1M project in Putrajaya’s... Read more
Ticking time bomb Down Under
RISING HOUSEHOLD DEBT POISED TO HURT, WHILE HOUSE PRICES ARE BEING CITED AS BEING ‘DANGEROUSLY DUMB’   BY Chris Prasad Australians have reportedly borrowed up a storm and are now racking up extreme levels of debt to buy homes in a landscape that already houses some of the world’s... Read more
Singapore poised for rebound, say analysts
The long downtrend period for Singapore’s housing market may be coming to an end, say market watchers, noting that there are now signs of a potential rebound. In an interview with CNBC, Cushman & Wakefield’s managing director of Asia Pacific research Sigrid Zialcita told the news network that she... Read more