Lee: Property Market Still Promising

Even with the challenging headwinds ahead, independent economist Lee Heng Guie believes that the medium-term prospects of the Malaysian property market are still promising, reported The Star. And while property prices may ease further, he does expect prices to drop significantly. “This is because Malaysia is not heading for an economic recession,” said Lee during a … Read more

Perbadanan Nasional allocates RM410 million for investments in 2016

Perbadanan Nasional Bhd (PNS) has allocated RM410 million worth of investments and financing for this year as it sees opportunities in the property and equity investment markets, reported The Sun Daily. “We are always monitoring, we are looking at business opportunities and evaluating business proposals on equity investments, in which we invest in companies for … Read more