Market plagued by dangerous mismatch
BY Chris Prasad Bank Negara Malaysia (BNM) has come up with its strongest statement yet about the volatility of the property market, highlighting that there is currently a hazardous mismatch across its various sub-segments. In its annual report, the central bank was particularly critical about demand outstripping supply in... Read more
Suffer the youth

Suffer the youth

ViewPoint April 5, 2016

We have been more than a little unfair on young property buyers across the country. In fact, I believe we’ve royally shafted them. When I say “we”, I mean the “collective we”; developers, politicians, banks, and yes, the media. Basically, I’m pointing the finger at all of us that... Read more
BRDB’s RM2b global development plan
  Upmarket builder BRDB Developments Sdn Bhd has announced its plan to launch RM2 billion worth of projects, both locally and abroad, this year. According to the company, this will include projects in Taman Sari in Rawang, Selangor, the Defense Raya Golf and Country Club (DRGCC) in Lahore, Pakistan,... Read more
BY Chris Prasad Some trepidation is seeping into the property industry with news circulating that we could soon lose a sizeable portion of our Ultra High Nett Worth Individuals (UHNWI), who may be seeking to live in greener pastures on foreign shores. Naturally, this will be a bitter pill... Read more
Forest City to spur Johor market
BY Kent tan Forest City, the multi-billion ringgit mixed development by Country Garden Holdings, a prominent developer from China, is expected to give a much needed boost to the local flagging market condition. Featuring four man-made islands, Forest City is Country Garden’s largest real estate project outside China. It... Read more
Career paths in property clear despite murky economy
    BY Pavither Sidhu With the country’s economy showing no signs of immediate recovery in 2016, many employees in Malaysia are naturally becoming concerned about job security. Compounding this fear are recent horror stories about the massive cuts made by multinational oil and gas companies as well as by... Read more
Meridin@Medini on target for completion
BY Chris Prasad Mah Sing Group Bhd celebrated a major milestone in the progress of its much-awaited The [email protected] project in Iskandar Malaysia, marking the completion of structural work with a topping-up ceremony held earlier this week. The [email protected] is an integrated development taking shape in Johor’s rapidly emerging... Read more
The Million Ringgit Question
BY Chris Prasad Hurdles seem aplenty these days, don’t they? High prices, mismatched demand and supply, banks tightening up on loan approvals, government housing schemes that result in mass confusion rather than mass aid… I could go on, but why depress ourselves? In light of such incredible negative forces... Read more