The medium-term prospects for the Malaysian property market still looks promising, despite the challenging headwinds ahead.

As many are aware, the buying of a piece of property, especially if its your first home, is an extremely weighty decision. Make a wrong decision and you may be stuck with your mistake for the next 20-30 years.

Malaysian properties are divided into two main types in terms of leases, namely freehold and leasehold.

EXACTLY a year ago, I kick-started my column by saying that 2015 was a year of uncertainties. As it turned out, it was a rough year for all. The outlook for 2016 looks set to continue along the same veins, except it would be ... a lot tougher.

Inflation Rate in Malaysia averaged 3.67 percent from 1973 until 2015, reaching an all time high of 23.90 percent in March of 1974 and a record low of -2.40 percent in July of 2009.

Nomura Holdings Inc senior economist for South-East Asia, Euben Paracuelles, said in a note that prices would increase by 2.8% year-on-year for 2016 compared with a 2.1% rise in prices last year.

THE public has been reminded to only use the services of registered real estate agents and brokers to avoid becoming victims of fraud.

Somewhere near 2012, the Malaysian government announced that the Klang Valley LRT lines of Kelana Jaya and Ampang will be expanding to cover more stations in Subang Jaya, USJ, Bandar Kinrara and Puchong

Recently, the media has been reporting that the number of bankruptcies in Malaysia are on the rise and those declaring bankruptcies are getting younger and younger

The DAP-led Penang government today announced the rebranding of low-cost and medium-cost houses to affordable housing types A and B.

Malaysia’s property sector will be facing another challenging year, amid slower economic momentum.

Transactions within the residential property sub-sector is likely to see flattish growth in 2016 as buyer sentiment continues to remain subdued this year.