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Malaysia’s property market posted a better performance in the first half of 2022 (H1’22) with activity increasing 36.1% in volume and value year-on-year (y-o-y) to 188,000 transactions valued at RM84.4 billion as all property sectors recorded growth. The property market’s performance recorded a rebound in H1’22, a reflective of normalising economic activity as the country ...

PropertyGuru's Malaysia Property Market Report Q3 2022 revealed that the property sale market index, demand index and supply index across the landed and high-rise sectors showed an upward trend as consumer confidence improved. In a statement today, the online property marketplace said the overall demand index moved upwards by 7.93 per cent quarter-on-quarter (q-o-q) despite being in negative ...

Malaysian's inflation jumped 4.4% to 127.9 in July 2022, its highest in more than a year, as the cost of food continued to accelerate. The increase in the consumer price index (CPI), the highest since April 2021, was in line with the median forecast of a Reuters poll of analysts. Announcing the July inflation data in a statement, the National Statistics Department said the increase in ...

Thirteen years have passed since the Sultan of Selangor Sultan Sharafuddin Idris Shah designated i-City, Malaysia No.1 Technology City an international zone. i-City was also the first property project in the capital city to get Royal support to become an integrated development Being an international zone allows i-City to build Grade-A office towers, international hotels, a regional shopping ...

Juwai IQI warned that the 9 per cent loss in newly planned residential supply and the 47 per cent drop in completed housing may soon lead to a price floor for residential properties in Malaysia. The firm's head of Bumiputera segment Muhazrol Muhamad said that the new home supply will be sufficiently reduced to prevent further price decreases. "As agents, we still see sufficient ...

The local property sector is expected to revive to pre-pandemic levels in tandem with the economic recovery, says Public Investment Bank Research. Its analyst Tan Siang Hing said in a note today that the property sector will recover, with herd immunity expected by end-2021. Tan expects the property sales momentum to continue in the second half of 2021 (2H2021) as the vaccination programme gains ...

Online "shopping" remains a hot trend for those who are looking to purchase a residential unit, either landed or high-rise, amid the ongoing Covid-19 pandemic Further, the ongoing initiative by the government and incentives given by property developers is encouraging potential home seekers to buy a property now instead of spending their money elsewhere. There are several government ...

Sime Darby Property Bhd says there is a growing demand for the company's residential landed type of products and this is based on buying trends among its existing customers. Its group managing director, Datuk Azmir Merican said looking at this trend the company will strive to meet its client's needs with new and existing products in that segment of the property market. Azmir said the ...

 Bank Negara Malaysia has maintained the Overnight Policy Rate (OPR) at 1.75 per cent at its second Monetary Policy Committee (MPC) meeting today. The central bank's MPC considers the stance of monetary policy to be appropriate and accommodative. "Given the uncertainties surrounding the pandemic, the stance of monetary policy going forward will continue to be determined by new ...

WHILE the Malaysian property market has been generally quite soft over the past few years, the industrial sub-sector seems to be bucking the trend and gaining a fair bit of attention of late. Earlier this week, Savills in its Asia-Pacific Investment Quarterly report for the first quarter of 2021 (Q1) revealed that major investment transactions in Malaysia grew 53% year-on-year to RM1.46bil in ...