Property transaction value hit record RM179b in 2022 — Napic
Malaysia's total property transaction value hit RM179.07 billion in 2022, the highest-ever value recorded by the National Property Information Centre (Napic) since 2001.
Malaysia's total property transaction value hit RM179.07 billion in 2022, the highest-ever value recorded by the National Property Information Centre (Napic) since 2001.
Real estate developers are expected to face greater challenges this year with limited room to shift higher construction costs to customers whose purchasing power has been eroded by inflation and rising interest rates.
Datuk Seri Azalina Othman Said said the current unity government takes all Felda matters seriously, including the construction of homes for second and third generation Felda settlers, which have been abandoned.
RGM said despite the high base rate of 26.5% a year ago, this latest quarterly result met market expectation.
Its ex-date was March 27, and entitlement date was March 28.
"We are unable to confirm the timing at this juncture due to ongoing negotiations."
Azhar Harun was the Dewan Rakyat Speaker from 2020 to 2022, and retired after Datuk Johari Abdul was appointed as the new Dewan Rakyat Speaker for the current parliamentary term.
Its wholly-owned unit MAGSB has entered into a conditional sale and purchase agreement with WINGS to acquire the entire management rights of a 16,900 sq m piece of land together with the 218-room Century One Helang Hotel Langkawi.
Eastern & Oriental Bhd (E&O) is set to launch the second project on its 760-acre Andaman island master plan in Penang, following the success of the first residential launch — The Meg.
The Employees Provident Fund (EPF) is assessing implementation of the utilisation of members’ savings in Account 2 as collateral or guarantee for personal bank loans.