Latest News

Adjustment in house prices likely


KUALA LUMPUR, OCT 16: The adjustment of the market price of houses is expected to be seen in the third or fourth quarter of next year after the implementation of the Goods and Services Tax (GST) in ...

 Goods and Services Tax (GST)

No controls over rising house prices


KUALA LUMPUR, Oct 11: While Budget 2015 addressed issues of home ownership at affordable prices, especially for first-time buyers, iProperty Group chief executive officer Georg Chmiel was disappointe...

 Government, Budget 2015

Budget 2015: Neutral budget for housing


KUALA LUMPUR, OCT 11: Measures for the property sector under Budget 2015 were described as "rather mute" by industry players who voiced their disappointment on the absence of stronger measures to lif...

 Developer, Government, Stamp duty, Investment, Economy, EPF

Affordable housing for Cyberjaya, developer unveils first phase


CYBERJAYA, OCT 11: AN AFFORDABLE housing development project called MasReca n19eteen (MasReca-19) has been launched in Cyberjaya to cater to the needs of low- and middle-incomebuyers. The project ...

 Housing development, Gross Development Value (GDV)

Budget 2015: Housing aid for 20,000


KUALA LUMPUR, Oct 10: Prime Minister Datuk Seri Najib Razak said in the Budget 2015 speech today that home ownership appears to be a big issue, especially cost of houses and financing. "Recognising ...

 Government, Stamp duty, EPF

Why developer interest-bearing schemes should be banned


KUALA LUMPUR, SEP 20: The Developer Interest-Bearing Scheme (DIBS) is marketed in such a way whereby the house buyers pay a small down payment during the signing of the sale and purchase agreement (S...

 Developer, Investment, Interest rate, Property market, Government, Housing loan

Horizon Hills upbeat on high-end houses


JOHOR BARU, SEP 15: Horizon Hills Development Sdn Bhd is confident of maintaining its status as a choice location for high-end residential property buyers in Iskandar Malaysia. Assistant general ...

 Gross Development Value (GDV)

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