Daily Industry News Update (5 July 2022)

House price index continues downward trend in Q1 2022

The Malaysian House Price Index recorded a -2% on-quarter reduction in the first quarter of the year (Q1 2022), according to the latest market snapshot by the National Property Information Centre (Napic).

KSK Land refutes claim of financial stress

Developer KSK Land Sdn Bhd has denied talk that its 8 Conlay project, a RM5.4 billion mixed-use development featuring the world’s tallest “twisted” twin tower residence in the heart of Kuala Lumpur, is facing financial

Mah Sing launches homeownership campaign

Mah Sing Group Bhd has launched its own homeownership campaign, dubbed “H.O.M.E” (Home Ownership Made Easy). Running from July 1 until Sept 30, the campaign aims to address homebuyers’ main concerns of saving