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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.
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.
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.
UEM Land Holdings launches RM4bil new residential and commercial projects
SUBANG: UEM Land Holdings Bhd expects to launch new residential and commercial projects with a total gross development value of around RM4bil this year.
Residential Tenancy Act to be enforced in two years
KUALA LUMPUR: The proposed Residential Tenancy Act is targeted for implementation in two years’ time to boost the rental market.
Actual sale of residential properties declining
PETALING JAYA: The residential property market may be cooling down in terms of actual sales due to credit-tightening measures by banks, according to real estate consultants and Bank Negara data.
Uptick in Sarawak residential prices
SARAWAKS residential property market is hot. Robust demand in major towns like Kuching, Miri and Bintulu has sent house prices spiralling to levels not seen before.
Klang Valley’s next residential hot spots
FUTURE hot spots for residential properties in the Klang Valley over the next 10 years would be near the Guthrie Corridor Expressway area such as Kumpulan Guthrie Bhd#039;s Bukit Jelutong, SP Setia Bhd#039;s Bandar Setia Alam and Road Builders Bhd#039;s Shah Alam II projects.
Residential prices remain flattish
VARIOUS issues related to affordability and speculation continue to hog the overall residential market for the first half of this year. Coupled with the recently concluded 13th general election, the first half was “relatively sluggish”, property research reports concluded.
