INDUSTRY NEWS (20 JUNE 2021)
Rich irony as UK-Malaysia project makes waves in London
A Malaysian-British property joint venture first floated the idea to build the world’s first swimming pool spanning two London residential blocks several years ago. The reaction among the local media fraternity was: “Sure! Sure! Will see it to believe it.” The idea then –
Report: Low interest rates ‘fuelling’ debt accumulation by households
Historically low interest rates are “fuelling” debt in Malaysian households, “which have funnelled loans mainly to the purchase of residential properties and passenger cars”, The Edge Malaysia reported this week. Data reveals that loan applications and approvals by banks have
Property overhang how will it end?
When a new residential development project is launched, it has been every developer’s wish to have it sells out as fast as they could, or at least they should achieve more than 70 per cent take-up rate, to begin with. For the past two to three years, developers in the country were
Powered by |
|
