KUALA LUMPUR: The property market experienced a correction in terms of pricing with more affordable housing launched in the first half of 2020 (1H2020...
The property market experienced a correction in terms of pricing with more affordable housing launched in the first half of 2020 .
She said all property market activities across the board had decreased, leading to a major decline in the overall property sector. “In terms of pricing, properties priced RM300,000 and below in the residential segment are still capturing most of the market demand, which is why we should focus on having more affordable houses in this price range to allow the national aspiration to be achieved,“ she said.
On the overhang in residential units, she said in 1H2020, the number of unsold residential properties rose to 31,661 units worth RM20.03 billion, compared with 30,664 units worth RM18.82 billion in 2H 2019, most of which were high-rise residential properties.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MP SPEAKS | Postponement of the 2020 Census is a good moveHowever, more needs to be done to prepare for the face-to-face census taking in 2021.
Read more »
Swiss govt expects 2020 GDP to shrink 3.8 per cent, less than feared | Malay MailZURICH, Oct 12 — Swiss economic output will shrink by 3.8 per cent this year, a less bad coronavirus-triggered slump than previously expected, the State Secretariat for Economic Affairs (SECO) said today. The latest SECO forecast was an improvement from its June outlook when it said it expected...
Read more »
Keputusan SPMU 2020 diumum IsninKuala Lumpur : Keputusan peperiksaan Sijil Pelajaran Malaysia Ulangan (SPMU) akan dikeluarkan Isnin ini, 19 Oktober.
Read more »
Mavcom: Air traffic rights applications decrease 66.7pc in Q3 2020 | Malay MailKUALA LUMPUR, Oct 12 — Applications for Air Traffic Rights (ATR) declined by 66.7 per cent year-on-year in the third quarter of 2020 (Q3 2020), according to the Malaysian Aviation Commission (Mavcom). In its ATR report for Q3 2020, Mavcom said it had only received and approved 12 ATR applications...
Read more »
Air Traffic Rights applications in Q3 2020 down 66.7% from a year agoPETALING JAYA: The Malaysian Aviation Commission (Mavcom) received 12 Air Traffic Rights (ATR) applications in the third quarter of 2020, a 66.7% redu...
Read more »
Paul Milgrom, Robert Wilson win 2020 Nobel economics prize for work on auction theory | Malay MailOCT 12 — US economists Paul Milgrom and Robert Wilson won the 2020 Nobel Economics Prize for improvements to auction theory and inventions of new auction formats, the Royal Swedish Academy of Sciences said today. “The new auction formats are a beautiful example of how basic research can...
Read more »