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CIMB Research sees residential mortgage growth falling to 7%
KUALA LUMPUR: CIMB Equities Research expects residential mortgage growth, which is the largest loan segment of the banking industry’s total loans, to slow down further in 2019 due to the cautious view of the market.
Unsold 34,500 completed residential units in Malaysia total RM22bil
PETALING JAYA: The number of unsold completed residential units – including serviced apartments and small office, home offices (SoHos) – totalled 34,532 worth RM22.26bil for the first quarter of this year, the National Property Information Centre said in its latest report on Property Overhang Q1 2018.
3As and 3Bs sufficient for entry into residential schools
PETALING JAYA: The minimum academic requirement to apply for a place in the country’s fully residential schools for 2017 is 3As and 3Bs in the Ujian Pencapaian Sekolah Rendah (UPSR) 2016 examinations.
More places in residential schools
UP to 60 percent of the student intake in fully residential schools will be for children from the B40 families, starting from the 2019 admission.
SDB sees Singapore private residential market as encouraging
SELANGOR Dredging Bhd (SDB) sees Singapores private residential property market as still encouraging despite a cut in the republics growth forecast.
Malaysian residential property sector to remain flat
KUALA LUMPUR: The Malaysian residential property sector is expected to remain flat going into 2017, weighed down by uncertainties in the global economies.
Dip in Penang residential property transactions
GEORGE TOWN: The number of residential property transactions in Penang dipped slightly to 9,023 in the first half of this year from 9,217 in the second half of last year, according to statistics from the National Property Information Centre (Napic).
Residential property prices to consolidate, says Rahim & Co
KUALA LUMPUR: Prices of residential properties are expected to continue to consolidate this year and 2020, according to Rahim & Co. research director Sulaiman Saheh.
Lee Onn plans more residential projects despite soft market
KUCHING: Leading city developer Lee Onn Construction Co, which had sold between 400 and 500 units a year of residential and commercial properties in the past four years, will launch more high-rise residential projects despite a soft market.
Highest residential tower to be built in Johor Baru
JOHOR BARU: The tallest residential tower in the country peaking at 304m above sea level will be constructed here in the next four years.