PETALING JAYA: Malaysia remains a pivotal part of China’s economic expansion in Asean, despite the disparity in economic output between the two countries.The year has just started but Chinese investors remain very much in the limelight, for better or worse, with Geely Automobile Holdings Ltd said...

Geneva, Switzerland, 1 February 2017 – The global rise of cities has been unprecedented. Every week, nearly 1.5 million people become urban dwellers. By 2050, the urban population will account for more than two-thirds of the world’s population.“Cities are evolving faster than ever and...

KIP REIT believes that owning community-centric retail centres will give it an edge with investors. The REIT debuted on the Main Market at a four-sen premium yesterday on a volume of 1.78 million sharesKUALA LUMPUR: In a stock exchange where real estate investment trusts (REITs) own assets as...

This financial year, we’ll be launching more than 2,000 affordable homesKUALA LUMPUR: Sime Darby Bhd’s property division, Sime Darby Property Bhd, is confident of achieving its RM2.5bil sales target for the current financial year ending June 30, 2017, despite the current property market...

StapropertyTV spoke to Dr Daniele Gambero, chief executive officer and co-founder of REI Group of Companies and author of the book, Malaysian Propenomy on his career trajectory, the issue of affordable housing, property investing and why he is so bullish on Malaysia.Dr Gambero is an Italian expat...

ASEAN: New research highlights growth in Vietnam and IndonesiaSINGAPORE: Southeast Asia remains a bright spot amid a subdued global economic outlook, as ASEAN economies continue to grow at 5% per year compared to a global growth rate of 3.5% per year.According to a statement by real estate...

BY M. HAFIDZ MAHPA  KUALA LUMPUR: Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty of RM1.4mil on a financial institution for failure to notify it promptly after learning of its dealers’ misconduct involving the fixing of the US dollar/ringgit exchange rate.In a...

Hotel and industrial sectors saw biggest rise in investmentSINGAPORE: China has hit a record of US$33bil (approximately RM146bil) in overseas commercial and residential property investment in 2016, an increase of nearly 53% year-on-year, according to the latest data from JLL’s Global Capital...

By Jonathan Roberts (jonathan@propwall.com)Some allude that Malaysia is living in a housing bubble and a burst is in the offing. Do these arguments hold water?PETALING JAYA: THE ramifications of a bubble burst are disastrous as seen with The Great Recession in the United States, in which its...

BY YVONNE TAN and GURMEET KAURPETALING JAYA: While it will remain challenging for banks amid the global economic uncertainty, bankers are optimistic that the sector will see improved profitability next year after experiencing flat growth this year.They expected the improvement in performance to...