Consumer spending remains a key challenge in the Malaysian retail industry with many continuing to hold back on purchases due to growing concerns on the rising cost of living and weaker job prospects, said property consultancy firm Knight Frank Malaysia in its Real Estates Insights research report for 1H2016.
"The buyers are advised to avoid obtaining more credit, which may not be sustainable in the long term, and over-stretching themselves financially."
Sales for UEM Sunrise’s affordable housing projects have been satisfactory but that for high-end/high-rise projects such as Estuari and Almas remain slow.
Stimulating design, flexible spaces and well-being amenities — these and more are the future of workplaces.
MRT completion to boost offices in decentralised areas...
Yong Tai chief executive officer Boo Kuang Loon said the company will seek shareholder's approval for the corporate exercise at its forthcoming extraordinary general meeting (EGM) on Sept 1.
Ajiya Bhd will partner Sarawak-based IMAG Development & Construction Sdn Bhd (Imag) to develop a housing project to be awarded by Prima Corporation Malaysia (PR1MA).
Mah Sing Group Bhd launched its largest township development yet, at Meridin East in Masai, Johor, over the weekend.
“The understanding is that by December the two countries should have completed the negotiations.”
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