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Business

Property transactions may hit RM100bil

KUALA LUMPUR: A total of 342,179 property transactions worth RM96.77bil were recorded between January and November last year, which means the full year's transactions could reach the RM100bil mark, said Knight Frank Malaysia managing director Eric Ooi.

Community

Lucky eight get to buy Android phones for just RM8

FIFTY people stood in line in Sunway Pyramid on Saturday, some for up to 30 hours for the chance to purchase Sony Ericsson's latest Android offering - the Xperia X8, at exceptionally attractive prices, starting with RM8 per unit.

Business

A leaf from history

THE world we live in has become very interconnected. Within an economy, what happens in one sector affects another. There is much correlation, for example, between the property and the banking sector.

Business

Appetite for British properties

MALAYSIANS' interest in British properties is increasing in terms of range, scope and pricing.

Business

Challenging times for condominium segment

THERE is an oft-quoted line: what goes up, must come down. With the anticipated recovery in the property sector, the focus now turns to the condominium market. Over the last decade or so, this segment has increasingly become a very big sub-segment of the property market.

Business

Will the 5% real property gains tax be a deterrent?

AS the property investor goes through his checklist on why he should invest in Malaysia, that 5% real property gains tax (RPGT), to be effective Jan 1 next year, will be a bit of a blemish.

Business

Low property purchases by MM2H participants

GEORGE TOWN: If each of the 11,738 participants of the Malaysia My Second Home (MM2H) programme between 2002 and 2008 were to invest in a residential property, the country would have recorded RM7.8bil worth of sales from them. But the actual sales amounted to RM407mil as only 510 of them bought houses during this period.

Community

Conference on future of local housing industry

SOME seven representatives from the housing and real estate industry, government, and banking sectors will speak on a variety of issues related to the future of local housing ndustry at the Penang Real Estate Conference (PREC).

Business

Condo prices in Mont’ Kiara, Sri Hartamas hit new high

THE high-end property boom of the last few years, particularly in the top two prime locations in the Klang Valley - KLCC and Mont' Kiara/Sri Hartamas, has made it increasingly more expensive to own a condominium, serviced apartment or landed property.

Business

Malaysian real estate still on foreign investors’ radar despite being low key

THERE is still interest in Malaysian real estate, especially in the KLCC area, among foreign buyers.