Malaysians are generally a friendly bunch and, in some neighbourhoods, everyone is part of one big happy communal family. But not all neighbourhoods are pleasant places, with even less pleasant people living in them. Here are the seven worst neighbours you could have the misfortune of living next door to. 1. The complainer Returning home […]
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HONG KONG • On a recent Friday afternoon, dozens of people sat hunched over laptops at TheDesk’s six-story co-working space near Hong Kong’s Central business district, while others chatted over snacks at tables on the outdoor terrace – all of them ignoring government advice to work from home to stop the spread of the coronavirus. […]
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THE outbreak of the Covid-19 has significantly reduced the average sales of businesses across multiple industries and will play negatively on the local property market, says a senior real estate marketing consultant. “Many developers are already struggling to keep their heads above water. With daily updates, new information, and more confirmed cases, the long term […]
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NEW YORK (BLOOMBERG) – Eric Marrus, a real estate broker at Compass in New York, walked through a US$7.5 million (S$10.4 million) townhouse in Manhattan’s Lenox Hill neighborhood last week, pointing his phone into every corner of the property. He was conducting a virtual tour via WhatsApp for a Chinese couple unable to visit the […]
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There are many disagreements about inflation numbers. The man on the street will say that inflation numbers are actually higher than what the government says. The government will say that the inflation numbers are based on a basket of goods and it’s not a number plucked out of nowhere. Very high inflation numbers are not […]
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BEIJING (REUTERS) – New home prices in China grew at their weakest pace in nearly two years in January, as the economy slows and a fast-spreading coronavirus outbreak brings the country’s property market to a standstill. Worryingly, analysts say the worst is yet to come for the property market, noting that with stepped-up measures to contain the […]
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SINGAPORE (BLOOMBERG) – The fortunes of two of Asia’s hottest property markets are diverging. Singapore is now ranked No. 1 for real estate investment prospects in terms of price increases in 2020. Hong Kong, buffeted by months of violent anti-government protests, has plunged to the bottom of the list from 14th place in 2019. That is […]
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SUNWAY Group founder and chairman Tan Sri Jeffrey Cheah says the group is looking out for opportunities in the United Kingdom, especially in the student accommodation market. He said it is a good time now to tap the UK property market. According to Cheah, the Sunway group is buying three buildings for student accommodations in […]
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KL has a population of 1.8 million people. Total existing property units is 482,099 units with another 37,819 incoming units and 67,177 planned homes. Serviced apartments wise, KL has 60,441 of its existing units with 31,455 incoming units and 82,057 planned units. KL has a total of 4,731 units under overhang status worth RM4.6 billion. […]
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Spooked by protests, Hong Kongers snap up homes at Malaysia’s Forest City development KUALA LUMPUR/HONG KONG (REUTERS) – Hong Kongers have snapped up about 200 apartments in the past two months at a sprawling housing development in Malaysia, two estate agents said, a sign that some are looking for homes elsewhere due to the political volatility at home. […]
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