Carrying the theme “Home Ownership Through Smart Financing”, the Malaysian Property Exposition (Mapex) 2016 will embark on a two-pronged strategy for its second major campaign of the year. In addition to the national Mapex which will be held at its regular hunting ground, the Mid Valley Exhibition Centre (MVEC),... Read more
Thais on the hunt for London bargains 
Thai investors have long considered London a choice destination for an overseas property purchase, but the decline of the British pound in the aftermath of Brexit has bolstered buying interest among those looking to take advantage of this rare opportunity. The pound has depreciated by about 12 per cent against the Thai baht since June. Buying interest... Read more
Sunway property records higher revenue
Sunway Bhd’s property arm has recorded sales of RM613 million to date this year, an improvement on the RM478 million it registered for the same period last year. The group announced that unbilled sales for its property development division remain healthy at RM2.0 billion, providing good profit visibility for... Read more
OPR reduction: is it really all good news?
  BY Roznah Abdul Jabbar  The recent cut on the Overnight Policy Rate (OPR) to three per cent from the previous 3.25 per cent is said to be a boost to the consumer sentiment and property market, although not significantly. However, not all agree on the scope of its... Read more
ATO blow to Aussie  property market
  BY Chris Prasad Australia’s position as a choice investment destination for Asian property seekers has come under threat following the introduction of a new ruling by the Australian Tax Office (ATO). The new ruling stipulates that for properties valued at more than AUS$2 million (RM6.06 million), 10 per... Read more
Duplex residences in TTDI fetch RM1,100psf
BY Pavither Sidhu The first duplex residences in Taman Tun Dr Ismail, located on Persiaraan Zaaba within close proximity to an MRT station and key highways, is drawing a premium due to the high market demand for connected living standards. Units at the newly minted TTDI Segaris, a joint... Read more
Cash-rich investors to emerge big winners in 2016
BY Chris Prasad Halfway into the year and we are beginning to get a clearer picture of where market trends are heading. At the onset of 2016, property investors were bombarded with an onslaught of predictions, many offering contrasting perspectives, which did more to stoke uncertainty rather that allay... Read more
Matrix shining on foreign soil
By Pavither Sidhu Matrix Holdings Bhd’s first foreign effort in Melbourne, Australia, is expected to be fully taken up by end-August, with 20 out of its 52 units snapped up. The project, M.Carnegie Boutique Apartment, with a gross development value of RM100 million, offers units in various sizes, ranging... Read more
Zhuoyuan signs MoU with MM2H agencies
BY Roznah Abdul Jabbar  To boost the international appeal of it Paradiso Nuova Medini project in Nusajaya, developer Zhuoyuan Iskandar Sdn Bhd has signed a Memorandum of Understanding (MoU) with Malaysia My Second Home (MM2H) that will see the property being promoted under the expatriate home ownership programme. The... Read more
RAM maintains negative outlook for KL, Selangor
BY Roznah Abdul Jabbar RAM Ratings Services Bhd has maintained its negative outlook on the Malaysian residential property sector and the commercial (office and retail) sub-segments in Kuala Lumpur and Selangor this year. In its sector commentary report, the agency said consumer and business sentiment is expected to remain... Read more