News
Setia Awan fast-tracks final blocks of Sena Residences after initial towers hit 98% take-up
5+ day, 11+ hour ago (157+ words) KUALA LUMPUR (June 19): Boutique developer Setia Awan announced a 98% take-up for the Tower B and D of its Sena Residences project located at Seksyen 14, Shah Alam, within six months of the official launch in December 2025. According to a press statement…...
US housing starts drop to weakest pace since 2020
1+ week, 1+ day ago (219+ words) (June 16): New residential construction in the US slowed to the weakest pace in six years, driven by a steep decline in apartment projects. Housing starts decreased 15. 4% in May to an annualized rate of 1. 18 million, federal data released Tuesday showed. That…...
China's new home prices fall at faster pace in May on soft demand
1+ week, 1+ day ago (488+ words) BEIJING (June 16): China's new home prices fell at a slightly faster pace in May, official data showed on Tuesday, as the crisis-hit property sector continued to grapple with fragile demand, even as larger cities showed tentative signs of stabilisation. New…...
High US mortgage rates to keep housing market subdued
1+ week, 5+ day ago (580+ words) BENGALURU (June 11): High mortgage rates will keep turnover in U. S. residential housing subdued this year and next with very modest price rises, according to property specialists surveyed by Reuters, thwarting the Trump administration's aim to revive the market. The benchmark 30-year…...
Titijaya partners Selangor investment arm to build affordable homes
1+ week, 6+ day ago (274+ words) KUALA LUMPUR (June 11): Property developer Titijaya Land Bhd (KL: TITIJYA) will undertake the construction of 1, 202 affordable housing units under the Rumah Idaman project, backed by the Selangor government. The project will be carried out via its wholly owned subsidiary, NPO…...
Housing Ministry gathering input to amend Strata Management Act
1+ week, 6+ day ago (347+ words) SHAH ALAM (June 11): The Ministry of Housing and Local Government is gathering input from various quarters, including via the Strata Conference 2026: Towards First-Class Strata Management held on Thursday, to review the Strata Management Act 2013 (Act 757). Deputy Housing and Local Government…...
US existing-home sales jump to highest this year, top forecasts
2+ week, 1+ day ago (357+ words) (June 9): Existing-home sales in the US accelerated to their fastest pace of the year in May, providing a dose of optimism after a tepid start of the spring selling season. Contract closings rose 3. 2% to an annualised rate of 4. 17 million last…...
Australian property: Relook at investment portfolio, take advantage of new builds
2+ week, 6+ day ago (780+ words) This article first appeared in City & Country, The Edge Malaysia Weekly on May 25, 2026 - May 31, 2026 On May 12, Australia's Budget 2026/2027 was announced with three key housing property measures. These were changes to negative gearing, removal of the discount on capital gains tax…...
New Zealand home building hits 10-year low as house prices stall
2+ week, 6+ day ago (284+ words) (June 4): New Zealand home-building has slumped to a 10-year low as a stagnating housing market and global uncertainty hit demand for new dwellings and alterations. The volume of residential construction fell 5% to NZ$17. 6 billion (US$10 billion or RM41. 51 billion) in the…...
Frankly Speaking: Property developers bracing for tough times
3+ week, 2+ day ago (290+ words) This article first appeared in The Edge Malaysia Weekly on June 1, 2026 - June 7, 2026 Property developers may soon have to grapple with a sharper rise in construction costs amid inflationary pressures stemming from the Middle East conflict. Higher fuel prices and escalating…...