#Latest News
December 29, 2018 Top three challenges for the property market in 2019 1.    Controlling house prices — REHDA members will reduce house prices by 10% which is one way to liven up the property market. Sales and Service Tax (SST) exemptions could help reduce house prices by reducing the cost…
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August 25, 2018 More than three months in, what has the government done right so far? What has it missed? More importantly, how should it move forward?  Focusing on the housing and property sector, EdgeProp.my garnered some feedback and suggestions from the ground. Representing the views of economists, property developers,…
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July 25, 2018 While the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) president Foo Gee Jen believed the drafting a commercial development act and streamlining housing data by introducing a data input system are laudable, his concerns lie in their enforcement and…
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May 28, 2018 UPDATED May 29, 12.02pm The cancellation of the Kuala Lumpur high-speed rail (HSR) would have only a minimal impact on the property market, according to some industry experts. The hype from the project did not exactly translate into major investments around the proposed stations of the alignment,…
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January 23, 2018   This year is a year of shifts and survival for the property industry as disruptions are making their way to the property market, which means that financing packages, marketing channels and designs will have to change, said KGV International Property Consultants Sdn Bhd executive director Samuel…
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January 23, 2018 The Penang property market is expected to diverge further in 2018, according to real estate consultancy PPC International Sdn Bhd. In its session on the northern region’s market performance and outlook at the 11th Malaysian Property Summit today, the consultancy said the residential property segment will be…
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January 23, 2018 Savills (Malaysia) Sdn Bhd deputy executive chairman Allan Soo expects the retail market to remain challenging in the short to mid term, mainly due to disruption of e-commerce industry. “The outlook for the short term is challenging. We will be seeing flat growth in fast fashion and grocery.…
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January 23, 2018 The office occupancy rate and average rental in Kuala Lumpur city centre, Kuala Lumpur fringe and Selangor are expected to continue their down trend in 2018, said Knight Frank Malaysia Sdn Bhd managing director Sarkunan Subramaniam.   “We have gone into the net absorption period of all…
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January 23, 2018 The Malaysian property market’s performance in 2018 is expected to be similar to its performance in 2017 in terms of transactions, said Valuation and Property Services Department (JPPH) director-general Nordin Daharom at the 11th Malaysian Property Summit today. Given the positive growth in the country’s GDP and…
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January 23, 2018 Perhaps it is high time for a paradigm shift where the absence of homeownership does not imply welfare deprivation, said managing director of CBRE|WTW Malaysia Foo Gee Jen. “We have first-time homebuyers who are finding difficulty in forking out the down payment or upfront cost to purchase…