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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.
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.
SELANGOR Dredging Bhd (SDB) sees Singapores private residential property market as still encouraging despite a cut in the republics growth forecast.
KUALA LUMPUR: Prices of residential properties are expected to continue to consolidate this year and 2020, according to Rahim & Co. research director Sulaiman Saheh.
SUBANG: UEM Land Holdings Bhd expects to launch new residential and commercial projects with a total gross development value of around RM4bil this year.
KUALA LUMPUR: The proposed Residential Tenancy Act is targeted for implementation in two years’ time to boost the rental market.
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.
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.