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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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…
Read MorePETALING JAYA (Feb 26): The second tower of The Tamarind executive apartments in Penang by Eastern & Oriental Bhd (E & O) is 80% sold since its launch in late-2015, the group said in a press statement. The Tamarind comprises two towers, which sit on a seven-acre plot of freehold land — with 552 units that…
Read More*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…
Read MoreLiving 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…
Read MoreWITH 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…
Read MoreAs we enter the year of the Fire Monkey in 2016, it’s a good idea to be aware of the challenges ahead and take advantage of any opportunities that will be ripe for the pickings! BY CAITLYN NG LI YUIN liyuin@ocision.com A quote by Lorne Michaels goes, “People go to the zoo and they like the lion…
Read MoreHIGH property prices have been an issue, especially for first-time homebuyers, for a while now. In fact, research houses and think tanks, including Khazanah Research Institute and the US-based Demographia, have described property prices in Malaysia as unaffordable. Recognising the seriousness of the issue, various programmes have been implemented by the federal and state governments….
Read MoreHOUSES are more than just shelters for most people. Homebuyers now expect so much more, such as a nice façade, a pleasant environment and facilities that can enhance their quality of life. In fact, lifestyle developments are becoming the norm in Malaysia’s highly competitive residential market. Ewein Zenith Sdn Bhd deputy chairman Datuk Ewe Swee…
Read MoreMOVEMENT 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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