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Hong Kong home prices rise for fifth straight month in May

Hong Kong home prices rise for fifth straight month in May

HONG KONG (June 28): Hong Kong private home prices, the most unaffordable in the world, extended gains for a fifth consecutive month in May, official data showed on Monday, helped by a recovering economy and expectations that Chinese buying will keep prices firm. An index of home prices rose 0.6% last month, according to the...

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Increasing enquiries for land outside city centre

Increasing enquiries for land outside city centre

While the recent deals of Cochrane land and Connaught land sales to Sunway Property and UEM Sunrise Bhd respectively have caught the market’s attention, real estate agency Rahim & Co International Sdn Bhd CEO Siva Shanker says not many developers are looking for land in Kuala Lumpur city centre. “After all, even during bad times, the land price still...

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Kerjaya Prospek to buy land in Selangor for RM82 mln

Kerjaya Prospek to buy land in Selangor for RM82 mln

KUALA LUMPUR, June 18 — Kerjaya Prospek Property Bhd is buying a piece of leasehold land in Selangor for RM82  million. In a filing with Bursa Malaysia today, the property developer said its wholly-owned subsidiary Pixel valley Sdn Bhd had entered into a sale and purchase agreement with Roset-BLG for the purposed acquisition, which is...

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Mah Sing to offer more affordable housing

Mah Sing to offer more affordable housing

GEORGE TOWN: Mah Sing Group Bhd is targetting to launch more affordable properties in the Klang Valley and Johor with over RM3.6bil in gross development value (GDV) by the second half of this year. According to group chief executive officer Datuk Ho Hon Sang, (pic) the property group will focus on building affordable housing at strategic locations...

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OSK Property Lands On Shopee To Launch 7.7 Mid-Year Home Deals

OSK Property Lands On Shopee To Launch 7.7 Mid-Year Home Deals

KUALA LUMPUR: Online shopping portal Shopee’s 7.7 Mid-Year Sale campaign will bring in OSK Property’s first home ownership deals for its transit-oriented development (TOD), You City III in Cheras, offering a one-stop shopping convenience to homebuyers. This unique collaboration offers online shoppers a chance to win up to RM5,000 worth of shopping vouchers and RM20 Shopee...

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World Bank cuts 2021 GDP projection to 4.5%

World Bank cuts 2021 GDP projection to 4.5%

KUALA LUMPUR: The sudden surge in Covid-19 cases over the past months and the movement restrictions that were reintroduced are expected to weigh on Malaysia’s economy, slowing the recovery compared with what was initially expected. Against this backdrop, the World Bank has lowered its projection on Malaysia’s economic growth by 1.5 percentage points to 4.5%...

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SP Setia Sees Positive Take-Up For Low-Density Landed Homes

Alocasia’s tropical semi-detached homes in Setia Tropika come fitted with smart home features. KUALA LUMPUR: With the increasing demand and preference for landed homes with larger spaces in a low-density development, SP Setia Bhd continues to see positive take-up rates with its latest launches in Setia Tropika, Johor and Bandar Kinrara, Puchong. The Alocasia series in...

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