MKM Gambit - Chester Properties by Kenneth Lam

14/10/2021

Supported by the implementation of various government initiatives and assistance, the property market is expected to be on the recovery path in line with the gradual economic recovery

The local property market is expected to recover, on the back of the National COVID-19 Immunisation Programme’s acceleration and various initiatives and assistance implemented by the government, said the National Property Information Centre (NAPIC).

08/10/2021

The report also described the management of the MM2H programme as inefficient and ineffective due to the absence of an integrated database and weaknesses in the internal controls of the Malaysian Immigration System (MyIMMs) which, it said, made it difficult for MOTAC and the Malaysian Immigration Department to effectively monitor and evaluate the achievement of the programme

KUALA LUMPUR (Oct 8): Malaysia’s cultural diversity is said to be the main reason many foreigners have chosen to reside in this country under its Ma...

06/10/2021

In particular, some notable business and residential hubs in Kuala Lumpur and Penang have experienced double-digit y-o-y demand growth. These areas include Mont Kiara, Mid Valley City and Kuala Lumpur City Centre in Kuala Lumpur and Pulau Tikus, George Town and Bukit Mertajam in Penang

KUALA LUMPUR: Malaysia's residential rental property demand swung to a positive year-on-year (y-o-y) growth of 1.9 per cent in the first half (H1) of 2021 from a contraction of 5.6 per cent in the corresponding period last year, according to property portal iProperty.com.my.

01/10/2021

Projects such as this will have a multiplier effect in terms of creating jobs and business opportunities, boosting regional development and creating new townships along the HSR route

KUALA LUMPUR (Oct 1): Former premier Tan Sri Muhyiddin Yassin has voiced his support for the government’s plan with regard to the High-Speed Rail (H...

29/09/2021

First-time buyers of affordable residential property continued to support house prices in Malaysia in the first half of 2021 (1H21) despite the housing market reversing improvements observed in 2H20 as the effects of the positive response to various homeownership incentives introduced by the government subsided

KUALA LUMPUR (Sept 29): First-time buyers of affordable residential property continued to support house prices in Malaysia in the first half of 2021 (...

27/09/2021

On the regional level, the 12MP said the government will continue to leverage on Asean sub-regional cooperation platforms, such as the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) and the Brunei Darussalam-Indonesia-Malaysia-Philippines East Asean Growth Area (BIMP-EAGA), to boost trade and socioeconomic activities

KUALA LUMPUR: The government has aimed for 120 cities nationwide to achieve sustainable city status by 2025 to enhance the wellbeing of urban dwellers.

27/09/2021

As for credit rating agencies, the more important questions would be what the government would do with the accumulated debt, what type of investments or missions the government would want to embark on, and what strategies and policies would be employed to generate new sources of growth

PERHAPS one of the most misunderstood economic concepts in Malaysia today is public debt. What is it, and how does it affect our lives?

21/09/2021

In that respect, Budget 2022 will remain expansionary and is conceptualised as a recovery budget while complementing the Government’s wider and longer-term reform efforts under the Twelfth Malaysia Plan. Budget 2022 will focus on 3Rs, namely Recovery, Resilience and Reform

Below is the opening keynote address by Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz at the Malaysian Banking and Finance Summit 2021 a...

21/09/2021

The introduction of various strategic initiatives helped to improve the depth, accessibility and efficiency of the capital market, which continued to improve since 2010

KUALA LUMPUR (Sept 21): Malaysia’s domestic capital market expanded to RM3.4 trillion at the end of 2020 from RM2 trillion at the start of 2011, sai...

21/09/2021

Wishing everyone a Happy Mid-Autumn Festival and stay safe! 🎉🎊

20/09/2021

The continuation of a strong and collaborative relationship between the United States and Malaysia and the enhancement of policy consultative mechanisms will strengthen the business climate enabling Malaysia to continue to attract U.S. economic and commercial activity

KUALA LUMPUR (Sept 20): Malaysia remains an attractive investment destination but political stability needed for economic growth and investment, accor...

20/09/2021

Meanwhile, MIEA also plans to engage further with stakeholders on measures to stimulate the market. It will be submitting a proposed road map for the recovery of the real estate sector for the consideration of the Ministry of Finance

The Malaysian Institute of Estate Agents (MIEA) foresees landed residential units to be the focus in property transactions in 2H2021, according to its president Chan Ai Cheng. “Interestingly, real estate professionals who are focusing on the commercial property market, also reached the same agreem...