Market

China

Malaysia to Benefit from China’s Economic Stimulus Measures, Say Economists

Malaysia to Reap Indirect Gains from China’s Economic Stimulus Measures, Say Economists Malaysia is poised to gain indirect benefits from China’s recent economic stimulus measures, which include interest rate cuts and property market support initiatives. Economists suggest that these moves could drive demand for Malaysian goods and services, while increasing disposable income for Chinese consumers to...

KLCC Malaysia

Strengthening Ringgit and Stable OPR to Boost Malaysia’s Property Market

The strengthening of the ringgit against the US dollar, driven by positive macroeconomic developments and Bank Negara Malaysia's (BNM) decision to maintain the Overnight Policy Rate (OPR) at 3.00%, is set to invigorate Malaysia’s property market. This presents a unique opportunity for homebuyers and investors to capitalize on favorable conditions. Positive Effects of a Strengthened Ringgit on Property...

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Malaysia’s Property Market Reaches New Heights: RM105.65 Billion in 1H2024 Transaction Value

Malaysia's property market is on a strong upward trajectory, with the first half of 2024 (1H2024) marking a significant milestone. The National Property Information Centre (Napic) reported that the property transaction value reached RM105.65 billion, a 23.8% year-on-year (y-o-y) increase, the highest growth in five years. This substantial growth underscores the resilience and recovery of the sector, fueled...

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UOB Kay Hian Research Maintains Optimism on Malaysian Property Sector Despite Mixed 2Q24 Results

Despite mixed earnings results from the second quarter of 2024 (2Q24), UOB Kay Hian Research (UOBKH Research) remains optimistic about the Malaysian property sector. The research house acknowledged that while some companies under its coverage fell short of expectations, overall industry performance was strong, and future growth prospects look positive. Mixed Earnings for 2Q24 UOBKH Research covers...

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Maybank IB Upgrades Malaysia’s Property Sector to “Positive” Amid Strong Sales and Industrial Growth

Maybank Investment Bank Bhd (Maybank IB) has recently upgraded its outlook on Malaysia's property sector from "neutral" to "positive," highlighting the sector's strong fundamentals and the attractive valuations revealed by a recent sell-down. This upgrade signals a favorable investment environment, driven by resilient property sales and burgeoning interest in industrial properties. Resilient Property...

construction

EQT AB Acquires PropertyGuru for $1.1 Billion in All-Cash Deal

Swedish investment firm EQT AB has announced its acquisition of PropertyGuru, Singapore’s leading online real estate platform, in an all-cash deal valued at $1.1 billion. This landmark transaction is set to significantly reshape the real estate tech landscape in Southeast Asia. A Strategic Acquisition at a Premium Price As part of the acquisition, PropertyGuru’s shareholders will receive $6.70...

99 speedmart ipo

99 Speed Mart Launches Malaysia’s Largest IPO in 7 Years, Raising RM2.36 Billion

99 Speed Mart Retail Holdings Bhd, the operator of Malaysia’s popular convenience store chain, has launched the country’s largest initial public offering (IPO) in seven years. The IPO, which is set to raise up to RM2.36 billion, marks a significant milestone for Bursa Malaysia, being the largest since Lotte Chemical Titan Holding Bhd’s RM3.77 billion IPO in July 2017. Key Details of the...

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Kenanga Research Highlights Challenges in Malaysia’s Property Sector Amid Recent Recovery

Malaysia's Property Sector: Navigating Challenges Amidst Recovery The Malaysian property sector, after experiencing a renaissance over the past year, remains vulnerable to significant headwinds. According to Kenanga Research, despite recent gains, challenges such as oversupply, high household debt, elevated interest rates, and weakened consumer sentiment due to high inflation and rising living costs...

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Kuala Lumpur Property Market: Impact of Foreign Equity Inflows on Malaysia’s Economic Growth

In May 2024, Malaysia experienced a significant milestone with net foreign equity inflows surpassing RM1 billion, distinguishing the country as the sole ASEAN nation to achieve this feat. This influx of foreign investments has not only impacted the financial landscape but has also reverberated across various sectors, including Kuala Lumpur's dynamic property market. Driving Economic Prosperity Through...

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Addressing the Housing Crisis: Impact on Malaysia’s Economic Landscape and Property Market in Kuala Lumpur

The resonating echoes of a global housing crisis are felt across major economies, signifying a pressing challenge in the realm of property markets and economic sustainability. As analysts predict a surge in house prices amidst supply constraints and rate expectations, the imperatives of government intervention and affordability advocacy come to the forefront, shaping the narrative of housing dynamics...

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