Real estate sector investments dip by RM36.9 billion

For the first nine months of 2015, Malaysia attracted RM153.2 billion worth of investments in the manufacturing, services and primary sectors, reported New Straits Times Online. The figure, which came in lower compared to the RM180 billion posted over the same period last year, was primarily due to a significant decline in the approvals for … Read more

Property market 2015 affected by various factors

  The property market’s performance and pricing for 2015, which proved to be a challenging year, have been affected by various factors leaving prospective investors and buyers cautious, reported The Star. According to Jordan Lee & Jaafar executive director Yap Kian Ann, these factors – be it macroeconomic or microeconomic, political and social – have … Read more

Zeti: Malaysian Ringgit will bounce back

Currency depreciation against the US dollar is not only happening in this country, according to Bank Negara Malaysia (BNM) Governor Tan Sri Dr Zeti Akhtar Aziz in a report from Bernama. As of noon today, 1 US dollar is equivalent to 4.23 Malaysian ringgit, down from RM4.25 in the corresponding period on Thursday. While this … Read more