ZADC
Crown Group launches first Melbourne development
LUXURY APARTMENTS IN SOUTHBANK NAMED “ARTIS” Australian property developer Crown Group will launch its first Melbourne development next month, firstly to buyers in Indonesia, then China and South East Asia, followed by Australia in the New Year. Crown Group Chairman and chief executive officer Iwan Sunito said that “Artis”,... Read more
We need a “Job-Centric” budget, says PropertyGuru
Budget 2021 should focus on job creation and economic drivers, particularly for youth and first-time home seekers, says leading property portal and real estate listings site PropertyGuru. It said these demographics have seen a surge in home ownership interest following the COVID-19 outbreak. However, despite a bevy of property... Read more
The Supply and Design Cost of COVID-19
PANDEMIC LIKELY TO IMPACT NEAR-TERM SUPPLY AND LONG-TERM DESIGN OF HOUSING As the end of the COVID-19 global pandemic seems nowhere in sight, it has been increasingly difficult to count the total cost of the virus has had (or will continue to have on) our global economy. Among the... Read more
NEWSFLASH: Ringgit on the move?
US-CHINA TRADE TALKS, BUDGET 2020 SET TO SWAY RINGGIT BY Zoe Phoon For the week ahead, Malaysia’s Budget 2020 announcement will be the highlight of the domestic calendar, according to Han Tan, market analyst at regulated forex broker ForexTime (FXTM). The analyst said in an October 4 FXTM report... Read more
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