Overhang residential units down 7% in 2023, affordable housing the largest category
The number of completed residential properties that remained unsold for nine months continued to decline in 2023, extending the improvement seen a year before.
The number of completed residential properties that remained unsold for nine months continued to decline in 2023, extending the improvement seen a year before.
Malaysia’s property transaction value hit RM196.83 billion in 2023 — the highest ever recorded by the National Property Information Centre (Napic).
Malaysia’s auditor general on Wednesday flagged going concerns issues at two federal government agencies Federal Land Development Authority (Felda) and PR1MA Corp Malaysia.
Noteworthy:
When: November 2023
The proposed development are of a 1,000-acre Johor-Shenzhen Industrial Park in Ulu Sedili, together with a 50-acre Johor-Shenzhen Innovation Development Hub in Johor Bahru.
The real estate developer plans to launch projects worth RM2.4 billion in gross development value this year, including some delayed projects.
“The 2023 AFFIN Power-Up Top Referral Programme is a testament to our commitment in acknowledging and appreciating the invaluable contribution of real estate agents and agencies to our mortgage business."
The plan comprises the RM3.5 billion waterfront township Tebrau Bay, RM500 million mixed waterfront development Danga Rivera, and RM330 million mixed-use development project Danga Heights.
The MoneyX financial app, powered by Hextar Technologies Solutions Bhd (HexTech), was officially launched with a total of 43 partners last Friday (March 1).
Building surveyors (BS), or more commonly recognised as building inspectors (BIs), is a relatively new profession which was introduced to Malaysia back in 2000. Back then, not many people or industry players were aware of the roles and functions of this new profession.