Estate agents up in arms against illegal brokering by proptech companies
MIEA alleged that proptech startups from Singapore and within the country are claiming that they provide real estate technology solutions but are circumventing the law by carrying out real estate practices illegally.
Loan approval rates for property purchases trended lower in 2018
BNM: First-time house buyers continued to account for the bulk (69%) of total residential property loan borrowers. Speculative activities remained subdued.
Large incoming supply raises credit risk of commercial properties
BNM: “The large incoming supply of new and planned office spaces in the Klang Valley and retail space nationwide is expected to exacerbate existing oversupply.”
Unsold housing units may rise further but sharp price drops unlikely
BNM: affordability issues in the housing segment contributed to further rise in stock of unsold housing units and caused house price growth to moderate over the same period.
PR1MA sees almost 5,000 homes snapped up in just three weeks
The sales value from March 1 to March 21 came up to RM1.24 billion.
Western Digital ready to sell PJ manufacturing site
“We are going through the process… the first part of it is we will focus on our people and then the moving of our production.”
Singapore-listed Debao ventures into KL’s luxury high-rise residential market with RM2.2bil project
The Landmark@KL City will come up on the 2.07-acre freehold former site of SJK (C) Imbi School at Jalan Horley next to Berjaya Times Square. Upon completion in 2023, it could be the tallest twin tower residential building in the city with one of the towers reaching heights of 273m.
HOC rakes in over 1,600 bookings for PR1MA homes in 8 days
This weekend, PR1MA will be showcasing a total of 3,554 units of PR1MA homes at the HOC 2019 Expo in Negeri Sembilan between March 15 and 17 at Dataran Centrio Seremban 2; and at HOC 2019 Expo Kuala Terengganu on March 16 and 17 at Paya Bunga Square, UTC.
