The local property sector is expected to record moderate growth in 2025, with projected sales totalling RM21.5bil, amid heightened uncertainty stemming from potential risks associated with both current and former US presidents, Joe Biden and Donald Trump.
Rehda deputy president Datuk Zaini Yusoff, Ho and immediate past president Datuk N K Tong at the media briefing of the Property Industry Survey 2H2024 & Market Outlook 2025 on March 20
“US reciprocal tariff policies and the potential impact to its economy and global trade have negatively hit market sentiment, causing forecasts of weaker gross domestic product (GDP) growth in Malaysia. Yet, our property sector is very much domestic-driven,” the research house said in its latest sector update.
Housing and Local Government Minister Nga Kor Ming said ineffective property management, especially in stratified developments, has significantly impacted property values across the country.
If your house or car was damaged in the Putra Heights gas pipeline fire yesterday, be sure to document the damage with photos or videos to support your insurance claims. These are some of the tips shared today by the General Insurance Association of Malaysia (PIAM) for those affected by...
The property market in Johor Bahru is experiencing positive growth, bolstered by recent governmental initiatives and new project announcements, according to Samuel Tan, CEO of Olive Tree Property Consultants (Johor) Sdn Bhd. These developments include the launch of the Johor-Singapore Special Economic Zone (JS-SEZ), proposals for enhanced public transportation, and...
The Penang state government has opened a Request for Proposal (RFP) for a redevelopment project in Mak Mandin, covering over 10 acres of land with decades-old flats. This initiative aims to rejuvenate the area, introducing modern and sustainable development while enhancing the living conditions of the local community.
Axis Real Estate Investment Trust (Axis-REIT) expects sustained demand for industrial property and disciplined capital management to drive its growth outlook.