Yes, prices CAN drop!
DOWNWARD CORRECTION OF PRICES BEING FELT IN RESIDENTIAL POCKETS WITHIN SELANGOR The infallibility of house prices is a belief that is more grounded in the track record of the Malaysia housing industry, and not necessarily rooted in fact. As a rule of thumb, house prices in key urban centres... Read more
Lee: Expect slight improvement
The marginal improvement in economic growth is likely to result in a slight improvement for the property industry next year, said Second Deputy Finance Minister Datuk Lee Chee Leong. Lee said gross domestic product (GDP) is expected to grow by between 4 per cent and 5 per cent in... Read more
Another year of  ‘cautious optimismʼ
BY Roznah Abdul Jabbar While some property experts see a recovery in the market in 2017, many others still expect it to remain passive. Industry experts opined that the market, especially the residential sector, will stay flat, saying the market condition will be good as long as it does... Read more
Rate cuts won’t help much
BY Roznah Abdul Jabbar The interest rate cut following the reduction of the Overnight Policy Rate (OPR), though seems to be good news for house buyers, will not contribute much to the market as the real problem is not the interest rate but the lending liquidity. According to Kenanga... Read more
Flattish market for a while, say industry experts
BY Roznah Abdul Jabbar The property market, especially the residential sector, will remain flat, not only in the second half of the year but for a period beyond it, said managing director of valuation firm, Khong & Jaafar Sdn Bhd, Elvin Fernandez. Speaking at the press conference at the... Read more
Napic confirms bumpy  ride ahead for market
 The National Property Information Centre (Napic), which tracks historical transactional data to foresee market trajectory, released its Property Market Report 2015 this week, reinforcing the general consensus that 2016 will be a challenging year for the sector. Overall, Napic said that transactions slowed by 5.7 per cent compared to... Read more