The Penang housing market is maturing, says Michael Geh, director at Raine & Horne International Zaki + Partners. The data shows that in the third quarter, properties in the secondary market showed little price movements, compared with the previous quarter and the year before.

ONE of the main pillars of the construction industry are the carpenters, bricklayers and masons and the guilds that represent them. These skilled unsung heroes (in nation building) are grouped under the United Malaysia Contractors Association (UMCA) umbrella, which is almost a century old. With a nationwide membership of over 6,000, their interests are looked after by 19 state-level kin cho hong (tradesmen associations). Only four are affiliate members of the Master Builders Association Malaysia (MBAM).

What factors impact the value of a property? The overall economy, construction of new highways and public transportation that open up accessibility routes, consumer demand — the factors are many.

In recent years, there has been a flurry of small office/home office developments in Subang Jaya — Empire SoHo, One SoHo, Nadayu28, You One Subang, Sunway Geo and da:mén, to name a few. Recognising the needs of small businesses, many developers seem to be looking to reconfigure their project layouts to offer products that suit this segment.

The local real estate industry can look forward to expanding their businesses across the Asean (Association of Southeast Asian Nations) region more effectively, thanks to an initiative by regional real estate bodies, including The Malaysian Institute of Estate Agents (MIEA).

YTL Corp Bhd 1QFY17 results is below our expectation, mainly due to weaker contribution from the cement segment.

Eastern & Oriental Bhd (E&O) reported a core net profit of RM5 million in the second quarter of financial year 2017 (2QFY17). 

Penang Hill is a popular tourist destination for nature lovers and for those who want a feel of the bygone British colonial era, evident through the intricate architecture of the old bungalows there.

The Edge understands that in the event the sale is scrapped, Quill Group will opt to retain the mall and refinance its debts.

Just like how retailers offer discounts to keep sales up during a slow period, developers also have a few tricks up their sleeves to sell their properties amidst the current unfavourable economic climate.