As optimism and consumer confidence increases with the rollout of the vaccine, industry experts are predicting a swift recovery for the property market, in line with previous market downturn trends. Prior crises have demonstrated a trend whereby Malaysians tend to […]
The unemployment rate in Malaysia continued to drop for the third month in a row as 33,300 people joined the labour force in February, the statistics department announced today. The unemployment rate now stands at 4.8% — a 0.1% decline […]
Niro Ceramic Creative Lab Sdn Bhd (Creative Lab), an innovative retail home design service provider, launched its nationwide franchise programme at a launch event held at Creative Lab PJ Jalan Utara. Currently, with a total of 40 over branches nationwide, […]
How is the property market faring in Malaysia? Is it doing well or bad? Are properties too expensive? What can you expect? Read on to find out… 1. Weak house prices Due to the Covid-19 pandemic, the property market […]
Houses priced beyond the regular wage earner have been a problem even before the pandemic but have become more pronounced over the last year, with unemployment, income loss and a weak economy converging to make home ownership a distant dream […]
By Fahri Ahmed The property industry is showing signs of movement in 2021 as the Malaysian economy is trying to stir up activity amid all the lockdowns. Here, we list down five of Kuala Lumpur’s hottest locations in 2020 to […]
Malaysia’s property market performance significantly declined in 2020, falling by 9.9% in volume and 15.8% in value, says the Valuation and Property Services Department. Its 2020 annual report stated that there were 295,958 transactions worth RM119.8 billion. The residential property […]
Refinancing is a quiet, misunderstood dark horse that people tend to shy away from. However, upon getting to know it, you’ll find that you can gain extra cash to reinvest or use as emergency savings while still maintaining manageable financial […]
Repayments by households in the banking system for the second half of 2020 – excluding credit cards – reached 93% of levels seen in the previous year’s corresponding period, indicating that most have resumed repayments, Bank Negara Malaysia (BNM) said. […]
The economy is projected to expand between 6% and 7.5% in 2021 compared with a contraction of 5.6% in 2020, supported by domestic factors such as consumption and a brighter external environment fuelled by vaccine rollout. Bank Negara Malaysia said […]
