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Knight Frank Malaysia says property market improving in H2

KUALA LUMPUR: Malaysia’s property market is poised to gather further momentum moving into the second half of 2019 with residential housing outpacing the cautious commercial market, Knight Frank Malaysia said.

MIEA: Extend HOC 2019 incentives to buyers of secondary properties

KUALA LUMPUR:The Malaysian Institute of Estate Agents (MIEA) has urged the government and stakeholders to weigh the importance of the secondary residential property market by reviewing incentives, offered during the six-month national Home Ownership Campaign 2019 (HOC), to be extended to first-time home buyers looking to purchase from the secondary market.

EcoWorld Malaysia first half net profit up 35% to RM71.5m

KUALA LUMPUR: EcoWorld Malaysia Bhd's net profit rose by 35% to RM71.49mil in the first half ended April 30, 2019 compared with RM52.89mil a year ago, boosted by higher revenues from its projects.

Research house sees intense competition in affordable housing sector

PETALING JAYA: The intense competition for affordable housing is expected to continue as home ownership for the B40 group remains the government’s top agenda.

Tackling housing, overhang problems

Affordable Homes and Rumahku portal fund launched

REIT managers seek waiver of withholding tax

PETALING JAYA: Real estate investment trust (REIT) managers are hoping that the Government will waive the 10% withholding tax for resident and non-resident individuals.

Maybank IB Research upgrades Eco World to Buy, TP 80c

KUALA LUMPUR: Maybank Investment Bank Research has upgraded Eco World to a Buy with a new target price of 80 sen, which is 26% above its last traded price of 64 sen.

CIMB Research expects stronger second half for Eco World Devt

KUALA LUMPUR: CIMB Equities Research says Eco World Development Group's (EWDG) 1HFY10/19 core net profit came in line at 36% of its and Bloomberg consensus full-year estimates as it expects a stronger 2H19.