Page 2 - Rahim Co News Today

The local property market is expected to be soft this year and likely to see a further delay in recovery to 2022, according to Rahim & Co in its Property Market Review 2020/2021. While there is optimism that the turning point will be in the latter part of 2021 with the vaccine about to be mobilised, a further delay in recovery to 2022 would not be a surprise with the recent resurgence of Covid-19 cases and reimplementation of lockdowns, it said. “We expect the residential market to remain foc...

THE retail sector has been one of the biggest casualties of the Covid-19 pandemic in 2020. Going into 2021, not much has really changed and with the situation unlikely to be abated any time soon, retail players will have no choice but to re-strategise their business plans. According to Henry Butcher Malaysia’s Malaysia Property Outlook 2021, the country’s retail future depends highly on the way Covid-19 is handled, such as government policies on movement restrictions and physical distancing...

Share Only properties in Malacca had a median of three, while all other states in Malaysia had a median of 3.1 and higher. THE STAR Malaysia property overhang may stabilise slightly Wed, 3 February 2021 The level of residential property overhang in Malaysia may stabilise slightly this year, but is expected to remain high as the price-to-income ratio continues to affect affordability. Rahim & Co International Sdn Bhd research director Sulaiman Saheh said there were 57,390 overhang units of resid...

At the launch of Rahim & Co’s 2020/2021 market review earlier this week, Rahim & Co real estate agency chief executive officer Siva Shanker said the recent spike in Covid-19 cases has pushed all hopes of a strong market recovery to 2022, at best WITH the recent spike in Covid-19 cases, any projected recovery that had been slated for the local property market for 2021 will likely have been deferred. However, that is not to say that there aren’t any opportunities to be tapped ...

Anytime is still a good time to buy property as it is an appreciating asset and a good hedge against inflation, advised Siva. PETALING JAYA: The level of residential property overhang in Malaysia may stabilise slightly in 2021, but is expected to remain high as the price-to-income ratio continues to affect affordability. Rahim & Co International Sdn Bhd research director Sulaiman Saheh (pic below) said there were 57,390 overhang units of residential, serviced apartments and small office home of...

Tuesday, 26 Jan 2021 02:00 PM MYT BY KENNETH TEE According to Rahim & Co, property transactions in Malaysia fell by 15.8 per cent and 21.6 per cent in volume and value compared to the same period in 2019. — Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Jan 26 ― The Malaysian property market is expected to rebound in 2022 and not the second half of this year as previously predicted, property consultant firm Rahim & Co Internation...

Tuesday, 26 Jan 2021 02:59 PM MYT BY KENNETH TEE Sulaiman said that overhang stock comprised more non-landed units than landed units, with Johor, Selangor and Wilayah Persekutuan Kuala Lumpur remaining the top states with the highest number of overhang units. — Picture by Hari Anggara Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Jan 26 — Property overhang spurred by unaffordability continues to remain a persistent issue in the real estate ...

PROMINENT businessman Tan Sri Desmond Lim Siew Choon is preparing to demolish and redevelop the 49-year-old Plaza Batai retail shoplots in Damansara Heights, Kuala Lumpur, which he recently acquired from Selangor Properties Bhd for an estimated RM100 million. The Edge has learnt that Lim, who bought the upmarket Plaza Batai in affluent Damansara Heights, not far from where his Pavilion Damansara Heights project is taking shape, wants to build serviced apartments on the site. Documents sighted b...