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KUALA LUMPUR: The overhang is a concern and the government has no business bailing out the property sector, property consultancy Rahim & Co said.
THE Malaysian industrial property segment is set to achieve positive growth this year in spite of the sluggish property market currently as demand still exceeds supply.
Malaysia wants wealthy Hong Kong, mainland China investors to absorb US$8.9 billion residential property market oversupply
Country lowers threshold for overseas buyers of residential property to 600,000 ringgit from 1 million ringgitNumber of unsold properties surged to 54,078 units at the end of first quarter
KUALA LUMPUR: The Government has offered landowners in Kampung Baru here an average of RM6mil in compensation to acquire their land, says Khalid Abdul Samad.
PETALING JAYA: Excess supply of office space in the Klang Valley continues unabated, with vacancy rates deteriorating further in the first quarter of 2019.
PUTRAJAYA: The residential overhang in Malaysia recorded a lower increase of 1.9% in the first quarter of 2019, compared with 7.3% in the fourth quarter of 2018, as sales were driven by government-led initiatives such as the ongoing Home Ownership Campaign 2019 (HOC).
PETALING JAYA: The industrial property sector is expected to remain active for the rest of this year, supported by foreign direct investment inflows.
PETALING JAYA: The Malaysian industrial property market is still widely considered a stable segment and viable investment sector, despite registering a yearly increase in overhang levels.
PETALING JAYA: It has been 21 years – but a contractor has yet to complete the National Defence Institute (Puspahanas) project in Putrajaya, according to the Defence Ministry's audit report on land swaps.