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GEORGE TOWN: Penang has reduced its minimum price threshold for foreign property ownership by up to 40% to clear RM2.6bil worth of overhang units in the state.
KUALA LUMPUR: CGS-CIMB Equities Research retained its Neutral oulook on the property sector due to the weak macro outlook, affordability issues and likely lower property sales.
But analysts say outlook remains largely neutral
PENANG will announce a stimulus package to soften the economic impact on construction development and home ownership.
KUALA LUMPUR: The government will introduce several incentives to stimulate the property market and provide financial relief to home buyers, according to the Prime Minister Tan Sri Muhyiddin Yassin. KUALA LUMPUR: The government will introduce several tax incentives to spur the property market, according to the Prime Minister Tan Sri Muhyiddin Yassin.
PETALING JAYA: Local property developers are likely to chart better earnings performances towards the final quarter of this year, as confidence slowly returns to the market.
PETALING JAYA: While many have welcomed the move to provide housing for foreign workers, some industry players have raised concerns over it, including asking for a longer grace period.
PETALING JAYA: S P Setia Bhd is launching a campaign for home-buyers who would like to to upgrade or own their first homes.
PETALING JAYA: Consumer spending risks falling off a cliff as more Malaysians are retrenched or undertake pay cuts, according to experts.
From PYAN Kuala Lumpur.