|About RM35.5b in unsold, unutilised properties in Malaysia [24-11-2017]|
|Malaysia has unsold and unutilised properties with an estimated value of RM35.5bil and every effort must be made to absorb this, said the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS). The government’s freeze>>>>>[Read More]|
|PropertyGuru Outlook Report 2018 [24-11-2017]|
The property market in Malaysia is anticipated to pick up slightly in the year 2018 given the various influences that might affect the economy in the coming year.
However, there are views that asking prices will significantly reduce and transactions to experience a decline, there are fac>>>>>[Read More]|
|Singapore raises 2017 economic growth forecast [23-11-2017]|
|SINGAPORE: Singapore raised its economic growth forecast for this year and sees global growth underpinning that momentum into 2018, with some moderation. Gross domestic product rose 5.2% from a year earlier, the fastest pace in more than three years, versus a median estimate of 5%. >>>>>[Read More]|
|Ban on building high-rise units of over RM1mil, offices and malls stays [22-11-2017]|
Second Finance Minister Datuk Seri Johari Abdul Ghani has reaffirmed the freeze on the development of future high-rise luxury residential projects with units costing more than RM1mil.
He said that effective Nov 1, high-rise luxury residential projects with units costing above RM1mil, of>>>>>[Read More]|
|Stronger economy but purchasing power eroding [21-11-2017]|
Bank Negara has announced Malaysia’s latest economic growth at a commendable 6.2% in the third quarter of 2017.
The pace of economic growth for the three months up to September was faster than the 5.8% registered in the second quarter of the year.
This growth rate was the fas>>>>>[Read More]|
|Inflation rate for October to be between 4% and 4.5% [21-11-2017]|
|The headline inflation rate for October is expected to be in the range of between 4.0% and 4.5% compared with 4.3% in September spurred by rising fuel and food prices. Some analysts and economists said inflationary pressure from higher fuel prices could translate to higher transportation>>>>>[Read More]|
|Robust economic growth [20-11-2017]|
MALAYSIA’s economic growth has trumped expectations by quite a significant margin.
Beating consensus estimate, the country saw its gross domestic product (GDP) expand at the fastest pace in three years at 6.2% for the third quarter of 2017.
Driven by robust private sector sp>>>>>[Read More]|
|Bargains in the property market [20-11-2017]|
THE chatter of the week is that property prices will crash next year because of an impending interest rate hike and a growing supply of unsold houses.
|Bank Negara governor says ringgit is not fairly valued [20-11-2017]|
|The ringgit is ”far from reflecting its fair value,” Bank Negara governor said, signalling a desire for the exchange rate to build on its recovery from a sharp selloff last year. The ringgit is currently trading at its highest in over a year against the dollar, after a torrid>>>>>[Read More]|
|New models to underpin auto sector growth in Nov, Dec [20-11-2017]|
|Affin Hwang Capital Research expects momentum in the automotive sector to remain strong for the remaining two months of the year, supported by new model launches in the pipeline and year-end promotional campaigns. The research house said on Monday that it maintained its Underweight>>>>>[Read More]|