Property

Property

Favourable winds sought for Malaysian real estate

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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

2016 expected to be a tough year for property market

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Investment guru Datuk Gavin Tee expects 2016 to be “the worst year for Malaysian property” on the back of weaker economic growth, loss of pricing power and dimmer financing, reported The Malaysian Reserve. “2015 was bad, and 2016 will be worse,” said Tee at a briefing in Kuala Lumpur. “I’ve travelled all over the region, … Read more

Property market 2015 affected by various factors

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  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