Mah Sing starts work on 4 towers of Lakeville Residence project

KUALA LUMPUR: Mah Sing Group Bhd has commenced works on four towers C, D, E and F of its Lakeville Residence project in Taman Wahyu, Kepong. Construction for Tower A and Tower B had started in 2014. In a statement yesterday, the property developer said the project, which has an estimated gross development value of … Read more

Favourable winds sought for Malaysian real estate

2016 to see support for affordable housing and end-financing, but more needs to be done. CONDITIONS in the Malaysian property market have been challenging to industry players, but recent developments to support the affordable housing market and the facilitation of end-financing for potential housebuyers are considered favourable to the real estate industry. Sharing an overview of the property market in recent times, Real Estate and Housing … Read more

Slowdown in property demand to persist until 2017

Maybank Investment Bank Research expects the slowdown in property demand to persist for another 12 months until 2017, reported The Star. “While some projects have shown some signs of sales stabilisation, there are no signs of a broad-based pick-up just yet. We expect overall property sales to stay weak amid the slowing economic momentum,” it … Read more