Market

Tampines Resale Flat Sells for Just S$100,000: An Analysis of This Market Anomaly In an eye-opening transaction that has sparked widespread conversation, a four-room flat in central Tampines, Singapore was sold for a mere S$100,000 (RM351,271), a price significantly lower than typical market rates. This sale, completed in January, involved a unit at Block 860A Tampines Avenue 5 with a remaining lease of...

The Malaysian real estate market is experiencing a revival of foreign interest, signaling a cautious yet undeniable rebound from the pandemic's impacts. Industry experts, including the Malaysian Institute of Estate Agents (MIEA) and the MM2H Consultants Association, point to the country’s affordability, lifestyle appeal, and strategic policies like the Malaysia My Second Home (MM2H) program as key...

Explore the Best Expat Cities in Asia for 2024: A Comprehensive Guide Asia remains a beacon of opportunity for expatriates from around the globe, offering a mix of vibrant cultures, dynamic economies, and diverse lifestyles. Whether you're contemplating a move to experience new cultures or seeking career growth, understanding where to start can be pivotal. Recent rankings from Preply highlight the top...

The dream of owning a home is a shared ambition for many Malaysians, serving as a symbol of stability and achievement. However, the path to homeownership is becoming increasingly challenging due to the rapid rise in property prices outpacing salary growth. This disparity raises critical questions about the feasibility of achieving this milestone in today's economic landscape and what measures can be taken...

The Malaysian real estate landscape is poised for continued resilience and growth, driven by stable economic conditions and strategic measures, according to JLL, a global leader in commercial real estate services and investment management. With the industry bouncing back robustly over the last six quarters, investors are showing renewed optimism, particularly in segments like residential, logistics and...

As 2024 unfolds, the Malaysian property market presents a mixed bag of challenges and opportunities, keeping potential investors on their toes. The financial stretch in major cities continues to hinder homeownership dreams, particularly for the younger generation, who grapple with property prices far exceeding their annual household income. Amidst these hurdles, certain areas and segments of the property...

In major Malaysian cities, the dream of homeownership remains elusive for many, particularly the younger generation, due to a stark mismatch between median property prices and household incomes. Despite government initiatives like the National Affordable Housing Policy aimed at addressing this issue holistically, a significant overhang of unsold properties valued at RM18.42 billion as of the end of 2022...

Malaysia's property market, following a year of moderate growth in 2023, is poised to continue on a similar trajectory into 2024. This forecast comes from Rahim & Co International Property Consultants Sdn Bhd during the unveiling of their Property Market Review 2023/2024. The firm's executive chairman, Tan Sri Abdul Rahim Abdul Rahman, noted that while the market showed positive growth at a moderate...

Knight Frank Malaysia's "Real Estate Highlights 2nd Half of 2023" report unveils an encouraging trend in Malaysia's residential property market for the first nine months of 2023. The market experienced a growth in transaction volume and value by 1.3% and 3.5% respectively year-on-year. This upswing is attributed in part to strategic promotional efforts by developers, including innovative collaborations...

Malaysia's national inflation rate declined to 1.5% in November 2023, down from 1.8% in October, according to the statistics department. The consumer price index (CPI) edged lower from 1.9% in September to 1.8% in October. Chief statistician Uzir Mahidin reported that monthly headline inflation remained unchanged at 0.1% in November compared to October. Lower increases were...