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All Posts in Category Market Updates

5 tips to sell homes for a higher price!

By

Eugene Propertylane

Posted in Investor, Market Updates On Mar 13, 2016

Like many other industries, real estate is driven by the cardinal rule of the market: Buy low, sell high. We all know this. And lately there are a couple of ways to give your sales an edge that stands out. Presenting these five tips to your potential customers will help sell your properties faster and…

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Political issues a big challenge to industry: Real estate agency heads

By

Eugene Propertylane

Posted in Market Updates, News On Mar 13, 2016

KUALA LUMPUR (March 12): Real estate agency heads said Malaysia’s current political uncertainty remains among the biggest challenges to the real estate industry. “Malaysia’s political issues remain among the biggest challenges of the industry. If the situation does not get any better, I believe the industry will continue to be affected,” said Kozin Real Estate…

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Ewein sees further upside in Penang property market

By

Eugene Propertylane

Posted in Market Updates, News On Mar 02, 2016

KUALA LUMPUR : Ewein Bhd, which is undertaking two property ventures in Penang, foresees further upside in the property market given its land scarcity and various ongoing infrastructure developments in in the state. In a statement today, the company said this is evidenced by the substantial demand for its maiden City of Dreams venture which…

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Penang unveils plans for new Gurney Wharf waterfront

By

Eugene Propertylane

Posted in Market Updates, News On Feb 23, 2016

*An artist’s impression of the upcoming Gurney Wharf along Gurney Drive, Penang. – Pic courtesy of E&O, February 23, 2013. The Penang government today unveiled plans for a new seafront public park at its popular Gurney Drive, to be known as Gurney Wharf. Spanning close to 60 acres, Gurney Wharf will be created on land…

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What couples don’t want in a love shack

By

Eugene Propertylane

Posted in Market Updates, News On Feb 15, 2016

Living together is one of the biggest steps a couple can take. It’s a really big investment – not just financially, but also emotionally and physically. However, the returns can be big, if one makes the right investment. It’s important to consider what makes a good starter home. While many people give a thought to…

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Property developers dangling big carrot in front of the market’s nose

By

Eugene Propertylane

Posted in Loan, Market Updates, News On Feb 15, 2016

WITH the demand for property slipping, competition among property developers chasing a shrinking market has become stiffer. Companies such as IOI Properties Bhd and Mah Sing Group Bhd are getting more innovative and holding out big carrots to prospective buyers. IOI Properties, for example, has a buy now, pay later scheme. Under the scheme, if…

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Stagnant market in Penang keeps price growth minimal in 3Q

By

Eugene Propertylane

Posted in Market Updates On Jan 28, 2016

MOVEMENT in values in Penang’s secondary residential market remained stagnant this year due to a lack of transactions, says Raine Horne International Zaki + Partners Sdn Bhd senior partner Michael Geh. Presenting The Edge/Raine Horne International Zaki + Partners Penang Residential Property Monitor 3Q2015, Geh says 1-storey terraced houses with built-ups of 1,200 to 1,600…

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Developer SP Setia launching condo units and semi-detached homes this year

By

Eugene Propertylane

Posted in Georgetown, Market Updates, Sales On Jan 28, 2016

Renowned developer SP Setia Bhd is launching two new projects in Penang this year. They are Solok Slim, the developer’s maiden project in Jelutong, and Isle of Palm in Setia Pearl Island, Sungai Ara. Solok Slim consists of two 33-storey condominium blocks with a total of 550 units on a 2.15ha plot of freehold land….

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Ewein buys 50 acres of land in Penang

By

Eugene Propertylane

Posted in Market Updates On Jan 18, 2016

Ewein Bhd’s 60%-owned subsidiary Ewein Zenith Sdn Bhd (EZ) has been granted the right to acquire three parcels of land at Bandar Tanjong Pinang, Penang for a total of RM2.83 billion. In a filing today, Ewein said EZ had entered into a Memorandum of Agreement (MOA) with Consortium Zenith BUCG Sdn Bhd (CZBUCG) to grant…

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Results for StarProperty.my Buyers Sentiment Survey 1H 2016

By

Eugene Propertylane

Posted in Market Updates, News On Jan 16, 2016

StarProperty.my had recently conducted a survey to measure house buyers’ sentiment on the national economy and the property market for the years 2015/2016. House buyers’ sentiment on the present and future state of the national economy and the national property market, as well as the present and future impact on house buyers’ cost of living…

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