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Malaysian property market sees downtrend in asking prices

Malaysia’s property market is still dealing with the effects of the Covid-19 pandemic in the third quarter of 2020 (Q3 2020), said property site, PropertyGuru Malaysia. Its Malaysia Property Market Index (MPMI) report has revealed a downward trend in asking prices across all four key markets of Kuala Lumpur, Selangor, Penang and Johor. “Overall, property asking prices in Malaysia dropped...


How rising Compliance Cost is impacting Housing Affordability in Malaysia

Houses in Malaysia are getting more and more “expensive”. This has been re-litigated for years, especially in the past decade, as homeownership became more and more out of reach for the younger generation. High property price is often blamed upon “profit-seeking” developers who are in favor of building overpriced houses and eventually causing a high number of overhangs in the...


2019 Household Income Survey: What it tells us about Malaysia’s property oversupply

The newly released HIS report by the Department of Statistics Malaysia sheds some light upon the overhang and oversupply issue that is currently plaguing the local property market. Overhang and oversupply are two very different terms. Simply speaking, overhang (or unsold units) is a cyclical problem due mainly to the unmet housing demand in association with the varying economic performance, housing preferences, market sentiment, credit accessibility and so...


Choosing The Right Tiles

The tiles you choose for your home is equally important to that paint job you are planning for the makeover, if not, more so. Whether it be the tiles for the floor or the walls, your choice is important as you will be living with that decision for a long time. Unless you are planning to go through the hassle...


Property And Covid-19: Is It Positive?

Every year has its defining moments – in 2020 – it would have been the Olympics, Brexit, the 36th ASEAN Summit, the long-awaited release of Marvel Studio’s Black Widow movie… the list goes on. The last six months, however, have shown us that what we plan for ourselves is not always what life has planned for us.  The Covid-19 pandemic...


Property market likely to stay flat

PUTRAJAYA: The Malaysian property sector, which saw a slight increase in the level of residential overhang in the first half of the year, is expected to remain soft for the remainder of 2020 in light of the economic uncertainties created by the global Covid-19 pandemic. The National Property Information Centre (Napic), in its report on the Malaysian property market for...

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