Property
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
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
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