Announcements

Klang Valley, Property Market, 3Q 2022

Klang Valley, Property Market, 3Q 2022 ECONOMY / KEY INFRASTRUCTURE UPDATES •In 2Q 2022, the Malaysian economy grew at a rate of 8.9% (cf. 1Q 2022: 5.0%), supported by stable domestic and external demand. The key sectors of services and manufacturing) led the growth. • An 18.3% growth in private consumption reflected increased consumer spending. • The Overnight Policy Rate further increased to...

Property Market Performance 1H 2022

Property Market Performance 1H 2022 ECONOMIC OUTLOOKThe Malaysian economy is projected to improve further in 2H 2022 supported by firm domestic demand as well as external demand. The improving labour market and reopening of international borders will continue to stimulate further growth. Investment activities are expected to improve supported by the realisation of multi-year projects.Weaker global...

Klang Valley, Property Market, 1Q 2022

Klang Valley MarketView 1Q 2022 In 4Q 2021, the Malaysian economy grew at a rate of 3.6% (cf. 3Q 2021: -4.5%). All economic sectors improved, with the services and manufacturing industries leading the way. Domestic demand improved as the Governmental continued to support the labour market and external global demand. Core inflation increased marginally, averaging 0.8% during the quarter (cf. 3Q...

CBRE|WTW NEW LEADERSHIP APPOINTMENTS & CHANGE IN BUSINESS ENTITY NAME

CBRE|WTW NEW LEADERSHIP APPOINTMENTS & CHANGE IN BUSINESS ENTITY NAMES We are pleased to announce and append notice of the following changes by CBRE|WTW Group of companies with effect from 1 April 2022.   All entity names operating under the CBRE|WTW Group will be renamed and aligned with our corporate branding of CBRE|WTW.  Changes in leadership appointment and designation The...

Klang Valley, Property Market, 4Q 2021

Klang Valley MarketView 4Q 2021 GDP contracted 4.5% in 3Q 2021 y-o-y (3Q 2020: -2.7%), -0.3% q-o-q (2Q 2021: 16.1%). All economic sectors recorded a decline, while the manufacturing sector remained resilient with some recovery in production. • Sentiments have improved with a pick-up in the Consumer Sentiment Index (CSI) to 58.2% q-o-q (101.7 points), the Business Conditions Index (BCI) to 10.9% (97...

Klang Valley, Property Market, 3Q 2021

Klang Valley MarketView 3Q 2021 GDP rebounded by 16.1% in 2Q 2021 (1Q 2021: -2.3%). Except for agriculture, most economic sectors recorded an uptrend.Private consumption improved 11.6% y-o-y, underpinned by the demand for necessities.Unemployment rate persisted at 4.8% (1Q 2021: 4.8%) despite a contracting labour force, lower retrenchments and increased hiring activities.Bank Negara Malaysia projected...

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