Property News

The residential overhang in the local property market from 2014 to 2018 Q1
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BY NG PAU LING pauline@thestar.com.my   The issue of supply-demand imbalance in the property market has been highlighted since 2015, and the number of overhang and unsold residential properties in the nation have worsened every year. In the first quarter of 2018 (1Q 2018), the unsold residential units stood at 100,459 units, increasing from 99,246…

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Budget 2019 Wishlist 005: It’s easier to look back than to look into the future
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With the impending arrival of the Federal Budget 2019, StarProperty.my invites the public and stakeholders of different industries to contribute their thoughts on how the government should spend or save money. Contributed by AREA Management Sdn Bhd chairman Datuk Stewart Labrooy “In the business world, the rear-view mirror is always clearer than the windshield”- Warren…

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Spike in property launches priced at RM500,000 and below
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By Viktor Chong PETALING JAYA: Despite the contraction in the number of housing units launched, properties within the price segment of RM500,000 and below experienced a jump to 65% in the first half of the year from 52% recorded in the second half of 2017. According to the REHDA Property Industry Survey 1H 2018, most…

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Bumiputra quota to be standardised across the state, says KPKT minister
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By Aisyah Suwardi PETALING JAYA: The Housing and Local Government ministry is considering the posibility of the various Bumiputra quota in each state, said Minister YB Zuraida Kamarudin. “Previously there had been some suggestion regarding the issue, and I am aware of it, but first and foremost, I would require some time to study the…

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Johor, a top choice for families to settle down
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By Viktor Chong viktor@thestar.com.my For most individuals, the purpose of life and its intricate weavings often revolve around one factor, family. Without a doubt, the prospect of our loved ones has always been at the forefront of our minds. Hence, for every development, landed or high-rise must cater to this aspect. However, certain townships were…

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Post-award double fairs for Johor folk
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Hot on the heels of the StarProperty.my Jewels of Johor Awards, the Star Media Group’s online property platform will showcase some of the best developments with its latest instalment of the StarProperty.my Fair from Oct 16 to 21. It is targeting those looking to buy their dream home in Johor, both first-timers and upgraders.  There…

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Oversupply issue does not affect high grade offices
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By Viktor Chong   The oversupply of office units in Selangor isn’t new, with lower absorption rates and increase in supply for the foreseeable future. Since the current trend doesn’t seem to be changing anytime soon, landlords are forced to offer greater rental incentives to adapt to the softening occupier market. However, multinational companies are…

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Shopping centres in Malaysia: does size matter? Part I
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Contributed by Henry Butcher Retail managing director Tan Hai Hsin It is already a lifestyle for Malaysian consumers to visit shopping centres, especially during the weekend. A shopping mall is after all, a relaxing spot with free air-conditioning and it makes for a good place for a family outing, family gathering or perhaps a movie day….

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Property agents see opportunities from residential overhang
Star Property Real Estate Awards 2018, October 10, 2018. GLENN GUAN/The Star  

BY NG PAU LING pauline@thestar.com.my KUALA LUMPUR: Property agents view the country’s residential overhang as an opportunity to sell, real estate agency Cornerstone Realty executive director Wong Yau Long said. Wong expects the overhang situation in the country to remain unchanged until next year. The situation is unlikely to worsen, however, because developers have adjusted their…

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Budget 2019 Wishlist 004: A fresh boost for 2019
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With the impending arrival of Federal Budget 2019, StarProperty.my invites the public and stakeholders of different industries to contribute their thoughts on how should the government spend or save the money. Budget 2019 Wishlist 001: Malaysians want cheaper homes Budget 2019 Wishlist 002: A property wishlist for the new government Budget 2019 Wishlist 003: Budgeting…

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