Malaysia - Housing

[behappyalways]

I spent 3 nights at a luxury golf resort in a $100 billion Malaysian ghost town. I can see why it's popular with golfers – but I still wouldn't go back.
https://www.insider.com/forest-city-mal ... -so-low-14


国内商业区租店需求高 租金涨潮开始了？ | 八点最热报 02/06/2022
https://m.youtube.com/watch?v=AhGrwPM2IIw


软硬设施未发展成熟 新商区盼人口搬迁带动消费 | 八点最热报 03/06/2022
https://m.youtube.com/watch?v=_JLtJTd8-LY

[winston]

Prices likely to increase before year-end

By DAVID TAN

The selling prices of residential properties in the country will likely increase by 5% to 20% soon.

The price of concrete has jumped 32% to RM258 per cubic metre, while steel bar prices have increased 46% to RM4,100 per tonne.

In addition, the prices of metal roofing and c-purlin have increased by 60% and 95%, respectively.

Source: The Star

https://www.thestar.com.my/business/bus ... e-year-end

[winston]

Property sector remains highly challenging

"The outlook for the sector will continue to be clouded by oversupply and labour shortages, while housing affordability is eroding on the back of rising interest rates and soaring construction cost.

Most of them only trade at a fraction of their RNAV but there is no re-rating catalyst.

"Outperform" on Eco World Development Group with a target price of 83 sen and IOI Properties with a target price of RM1.60.

Source: The Star

https://www.thestar.com.my/business/bus ... hallenging

[behappyalways]

Malaysian residential properties have become more, not less, affordable
https://www.theedgesingapore.com/capita ... affordable

[winston]

Brighter outlook for the housing sector

By KHOO GEK SAN

The country’s total property transaction value hit RM179.07bil in 2022, the highest-ever value since 2001.

While everyone had been predicting a year of recession, inflation as well as the pressure from the high costs of living in 2022, property transactions saw a double-digit growth, increasing by 29.5% year on year to 389,000 transactions from 300,497 transactions in 2021.

Home buyers preferred properties priced between RM500,000 and RM800,000.

“Affordable prices, convenient locations and access to public transportation, are important factors for buyers.

Source: The Star

https://www.thestar.com.my/news/nation/ ... ing-sector

[behappyalways]

There are more than RM 4 billion unsold properties in Johor & Selangor.
Deputy Finance Minister: Let the team study countermeasures

柔雪有逾40亿房产滞销 副财长: 会让团队研究对策 | 八点最热报 14/09/2023

https://m.youtube.com/watch?v=pobHTmDemQ0

[behappyalways]

There are 78 rooms in the 3-storey shop house. Ni Kemin’s team made a surprise inspection

3层楼店屋㓥出78房间 倪可敏拉大队突袭检查 | 八点最热报 19/10/2023

https://m.youtube.com/watch?v=zWVI7tb2TcY

[winston]

TA Securities optimistic on Penang’s property market

The Penang Transport Master Plan (PTMP) will serve as a solid rerating catalyst for the state’s construction sector.

Source; FMT Business

https://www.freemalaysiatoday.com/categ ... ty-market/

[behappyalways]

Is the government's relaxation of second home application conditions conducive to the recovery of Forest City real estate?

政府放宽第二家园申请条件 有利于森林城市房产复苏？| 八点最热报 15/03/2024

https://m.youtube.com/watch?v=JASKl-74tyk

[winston]

RHB IB stays overweight on property sector; top picks UEMS, IOIPG, E&O

By Surin Murugiah

Expects the sector to continue to be driven by:
i) positive news flow on potential infrastructure projects;
ii) active land transactions and
iii) influx of investments, especially in the data centre, green energy and manufacturing sectors.

Developers with sizeable landbanks and industrial segment exposure should see greater benefit from infrastructure developments and rising investment flows.

Source: theedgemalaysia.com

https://theedgemalaysia.com/node/707867