Coordinated effort to address housing mismatch
KPKT TO CREATE SINGLE ENTITY TO MANAGE THE SUPPLY OF HOMES AND DEAL WITH THE COUNTRY’S AFFORDABLE HOUSING ISSUE To tackle Malaysia’s affordable housing issue, a new single entity will be created under the Ministry of Housing and Local Government (KPKT) to coordinate and manage the supply of homes,... Read more
Not as peachy as it looks
GLOBALLY, MALAYSIA HAS RECEIVED PRAISE FOR THE RESILIENCE AND STABILITY OF OUR PROPERTY MARKET, BUT UNCONVINCED LOCALS REMAIN CONCERNED ABOUT PERSISTENT GLUT The Malaysian property market has indeed weathered a seemingly endless storm over the past few years, navigating through a number global and local economic hurdles (as well... Read more
LBS makes Top Honour list at ‘best brands’ award
COMPANY CONTINUES RUN AGAINST THE GRAIN OF A SLOW ECONOMY WITH A STRING OF SUCCESSES Township developer LBS Bina Group Berhad (LBS) was recently honoured with two awards for its exemplary practices at The BrandLaureate Prominent Business BestBrands Award 2018. Recognised for going beyond the call of duty in... Read more
Debt issues emerge for Singapore’s small construction firms
A recent Bloomberg report highlighted that small construction firms in Singapore are likely to face more difficulties repaying debt as a clampdown on property speculation worsens their already tight liquidity. The overall economy in the Island Republic grew at a slower pace in the second quarter than initially projected... Read more
Singapore authorities warn of property ‘euphoria’
GOVERNMENT MONITORING SITUATION, POISED TO STEP IN IF MARKET OVERHEATS For the second time in eight months, Singapore’s currently hot property market has been put on notice. The island republic’s central bank warns that a bubble is building up and is already cautioning developers, financial institutions and home buyers... Read more
Germany begins to sparkle as an investment destination
For decades, the outlook towards the German property scene has been similar to the stereotype attached to the Country’s football team: efficient, dependable, structured… boring. Recent years have seen a renaissance of flair and showmanship in German football, endowing it with considerably more life and excitement, and a World... Read more
UDA sets eyes on 4mil acres of Malay reserve land
After years of focusing on the development of idle land in the country, UDA Holdings Bhd now has a vision to develop Malay reserve land across the nation – more than 4 million square feet of it, in fact. According to a recent Benama report, UDA chairman Datuk Seri... Read more
Market could stabilise in 2018, says MIEA
HEALTHY ECONOMIC GROWTH MIGHT FINALLY PULL PROPERTY SECTOR OUT OF THE RUT THIS YEAR Malaysians can expect the property market to finally stabilise in 2018, says the Malaysian Institute of Real Estate Agents (MIEA). This outlook, it said, was based on the general consensus of active agents engaged in... Read more
Chinese buyers up the ante in UK following Brexit
Suddenly, all that wailing and gnashing of teeth seems like it was all for naught. While Brexit remains an incendiary word for many on the British Isles, 19 months after the historic vote the property market (at least) can claim that it isn’t really feeling the pinch. In fact,... Read more
Technology driving the future of property management
TECH DISRUPTION TAKES CENTRE STAGE AT MIPPM CONFERENCE THIS YEAR The Malaysian Institute of Professional Property Managers (MIPPM) recently held their second annual conference entitled “PropTech: Driving the future of Property Management 2017”, which was held at [email protected] in Bangsar South, Kuala Lumpur. As the theme of the event... Read more