ZADC
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
Dark days for apartments and SoHos
MOST MARKET WATCHERS POINT FINGER AT PREVALENT STRINGENT FINANCING REGIME FOR CURRENT OVERHANG SITUATION All is not well for apartments and SoHos on the property landscape and unflattering official numbers are telling us exactly why. The National Property Information Centre’s (Napic) report on the property overhang for the first... Read more
IWCity feels pinch from Bandar Malaysia fallout
With its share price slipping lower, Iskandar Waterfront City Bhd’s (IWCity) is truly feeling the heat amidst uncertainties surrounding the Bandar Malaysia project in Kuala Lumpur. Yesterday, The Edge reported that the company’s share price dipped by as much as 6.88% (or 13 sen) to RM1.76, and while it... Read more
Average house prices STILL on the rise globally
BY Chris Prasad The overall climate of political and economic uncertainty has done little to slow down rising house prices globally, says international property firm Knight Frank. In its latest Global House Price Index report, the firm’s global research shows that average house prices around the world rose at... Read more
Alert! OPR rate hike on the cards
Market analysts foresee that the overnight policy rate (OPR) might go up by another 25 basis points (bps) before the end of the year. The latest to suggest that Bank Negara Malaysia (BNM) will consider this move is TA Securities Holdings Bhd, which said that the OPR will likely... Read more
Marginal growth forecast for property sector
After languishing in negative territory for a prolonged period, the property sector could now see 10 per cent growth in transaction volume over the next 24 months, according to international property consultancy Rahim & Co. The firm said subdued growth in all property sectors in the next 12 to... Read more
Citizenship with every US$1mill property purchase!
This may be a longshot, given the current turbulence in the region, but if you are in the market for a complete change of scenery then Turkey is offering citizenship to foreigners who buy properties that are worth at least US$1 million (RM4.44 million). According to Turkey’s Official Gazette,... Read more
Hong Kong stamp duty tax fails to curb price growth
A report on residential sales performance in Hong Kong by Jones Lang LaSalle (JLL) revealed that the mass residential capital value index climbed 0.5 per cent over the last two months. This indicates that the stamp duty hike of 15 per cent on all residential transactions has failed to... Read more
SoHo price drop ahead?

SoHo price drop ahead?

News January 19, 2017

Market analysts warn that the current oversupply of upmarket strata properties could result in a dip in value this year. In particular, the large incoming supply of Small-office Home-office (SoHo) and Small-office Virtual-office (SoVo) units could see the prices of such units fall by at least 10 per cent.... Read more
M’sia has ‘excellent’ house price time series, says research firm
Malaysia is among the ex-British colonies including Hong Kong and Singapore to have good house price statistics, according to residential property investment research firm Global Property Guide (GPG). It said Malaysia, Hong Kong and Singapore all have “excellent” house price time series, the best being Hong Kong where the... Read more