Latest News

Malaysia's property sector cooling off


PETALING JAYA, SEP 12: Property developers have come out with some hard facts that suggest that the sector is cooling off. According to the first half 2014 Property Industry Survey by the Real Es...

 Developer, Government

Chinese top MM2H participation


KUALA LUMPUR, Aug 28: The Malaysia My Second Home (MM2H) programme, instituted since 2002, has largely drawn rich Asians in the past 12 years to settle down here. Statistics till April this year sho...

 MM2H programme

Luxury condo demand falling


PETALING JAYA, Aug 27: Local demand for high-end condominiums is expected to weaken within the next 12 months, primarily in the Kuala Lumpur City Centre (KLCC) area, with more developers anticipated ...

 Developer, Inflation

Hua Yang houses for younger folks


KUALA LUMPUR, Aug 27: Hua Yang Bhd is confident of sustaining its sales momentum for the financial year ended March 31, 2015, via the launch of new projects with a gross development value of RM1.1 bi...


Govt mulls landbank for affordable public housing


PETALING JAYA, Aug 26: The Urban Wellbeing, Housing and Local Government Ministry is currently studying the possibility of creating a land bank to sustain the momentum in building affordable public h...

 Investment, Government, Goods and Services Tax (GST)

Houses exempt from GST


KUALA LUMPUR, Aug 21: Over the last decade prices of residential properties have escalated beyond the affordability of the average wage earner and it seems there is nothing to stop the prices from ri...

 Developer, Goods and Services Tax (GST)

MRCB wins Kwasa Land project


The new township project near Subang Airport finally has a developer - two years after the project was first announced. After 20 Tier 1 developers were prequalified in June, Malaysian Resources Corpo...

 Mixed development, Developer, EPF

Govt needs help to achieve 1m affordable homes aim


KUALA LUMPUR, Aug 14: Ideas and solutions are needed to help the government achieve its target to build one million affordable and comfortable housing for Malaysians, says Construction Industry Devel...


Johor VEP plan won't affect Iskandar investments


NUSAJAYA, Aug 7, 2014: The decision to impose a vehicle entry permit (VEP) fee on Singapore-registered vehicles entering Malaysia via Johor Baru will not likely affect foreign investments in Iskandar...


Malaysian bank loan growth strong, 10% rise forecast


KUALA LUMPUR, Aug 1: Malaysia's banking system's loans will sustain its expansion at between 9-10% this year, compared with +10.6% in 2013. This is despite being constrained by stringent rules on le...

 Bank Negara