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Selangor Dredging Seeks to Clear Unsold Property Inventory
Selangor Dredging Bhd is looking to clear its unsold property inventory at all completed development projects in Malaysia and Singapore, amountin...
Johor Has the Most Unsold Properties in the Nation
Johor has the highest number of unsold completed properties in Malaysia over the last two years with 6,066 units left without buyers. State Housing, Com...
30.6pc Increase in Unsold Residential Properties in M’sia
The year-on-year residential overhang in Malaysia increased to 32,313 units valued at RM19.86bil in 2018, an increase of 30.6pc in volume and 27pc in value...
London Has Record Number of Unsold Homes Under Construction
NEW homes in London used to fly off the shelves even before construction was finished. Now the capital faces a record glut of unsold units as the housing s...
Unsold Properties Not Serious in Sabah
The issue of overhang properties or unsold completed units in Sabah is not serious based on the data recorded since six years ago, said Deputy Chief Minist...
Number of Unsold and Completed Units Rises by 10,000
Is it time to worry about the property market? Honestly, if you were that someone who bought four properties at one go in 2012 and just got the keys to all...
Developer: Wrong to Blame Us for Oversupply of Unsold Units
A developer has dismissed criticism that property developers are “partly” at fault for the oversupply of unsold properties due to a lack of understandi...
Unsold Completed Residential Properties Increase by 48%
Malaysia is entering 2019 with unsold completed residential units rising to 30,115 units as at Sept 30, 2018, an increase of 48.35% from the 20,304 units a...
Johor Rehda: Unsold Bumi Lots Need to Be Bought Up
Bumiputra units account for most unsold homes in the state and the Johor Real Estate and Housing Developers’ Association (Rehda) wants a review of the ...
RM22.5 Billion Worth in Unsold Houses in the Country
The Housing and Local Government Ministry recorded a property overhang of RM22.5 billion worth in unsold houses nationwide, with 73% of them comprising aff...
IJM Clears the Air Over RM1billion Unsold Units
IJM Land Bhd has unsold properties totalling about RM1billion throughout the country; 95% of which comes from its landed and high-rise residential units, w...
Unsold Total Completed Houses in Malaysia Stands at RM22billion
The number of unsold completed residential units â€“ including serviced apartments and small office, home offices (SoHos) â€“ totalled 34,532 wor...
Govt Help Sought Over Unsold Housing Units
The Sabah Housing and Real Estate Developers Association (SHAREDA) has written to Chief Minister Datuk Seri Shafie Apdal to request the State Government to...
2018 Not Good for Property Sector
The property market outlook for high-end and low-end properties does not look good this year. Excess supply of such properties and the economic and poli...
Developers Told to Check With Putrajaya Before Starting Projects
Housing developers should check with the government before building properties to curb the oversupply of certain properties in the market, said Second Fina...
Bank Negara's 6 Policy Options to Reduce Property Market Imbalances
KUALA LUMPUR: Bank Negara Malaysia (BNM) has issued six policy options to reduce supply-demand imbalances in the property market, warning that the oversupp...
88,000 Bumiputra Units Unsold in Johor
Concerned about the low take-up rate of bumiputra lots, the state government will look for ways to help developers sell the unsold units. Johor Mentri B...
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