Latest News

Property sector to be flat this year


KUALA LUMPUR: The property sector is expected to be flat this year, bogged down by buyers’ ‘wait-and-see’ attitude towards the implementation of the Goods and Services Tax against ...

 Goods and Services Tax (GST), Developer

Slower take-up for 2015 property market


KUALA LUMPUR: The overall property market for 2015 will be cautious with slower take-up and occupancy rates as compared with last year, which was still resilient despite the market slowdown, according...


KL Central Business District, Golden Triangle Still Attractive


KUALA LUMPUR, March 3 (Bernama) -- The KL Central Business District (CBD) and Golden Triangle are still the most attractive regions in Malaysia for commercial real estate investment for 2015, accordin...

 Investment, Goods and Services Tax (GST)

119,933 PR1MA units approved for construction


KUALA LUMPUR, March 3 -- A total of 119,933 units of houses underthe 1Malaysia Housing Project (PR1MA) have been approved for construction so far, involving 80 projects nationwide. PR1MA chief execu...

 Construction, PR1MA

Maintenance fees may go up over 10% with GST, residents warned


PETALING JAYA: Owners of condominiums, apartments and flats have been told to brace themselves for higher maintenance charges from April although such fees have been exempted from the Goods and Servi...

 Goods and Services Tax (GST)

Housing affordability worsened in 2014


KUALA LUMPUR: The Malaysian housing affordability has worsened to 3.6 times in 2014, according to Rahim & Co Chartered Surveyors executive chairman Tan Sri Abdul Rahim Abdul Rahman, in presenting the ...

 Government, Economy, Goods and Services Tax (GST), PR1MA

Slow times for luxury homes


KUALA LUMPUR: Prices of luxury homes across 33 cities saw an increase of only 0.2% in the third quarter of 2014 (3Q14), the weakest performance in two years, reported Knight Frank’s Residential...


KL ranks seventh for most sustainable city to live in Asia Pacific


KUALA LUMPUR: Kuala Lumpur ranks seventh in Asia-Pacific and second in Southeast Asia after Singapore in the inaugural Sustainable Cities Index by Arcadis, an Amsterdam-based global natural and built ...


Developers pulling back, highlights MDC


PETALING JAYA: The Malaysian Developers Council (MDC) has raised concerns that financing facilities remain a major problem for first-time homebuyers in Malaysia due to a rise in loan rejection rates w...

 Goods and Services Tax (GST), Property market

Base Rate vs BLR in Malaysia: How Does BR Work?


Effective January 2, 2015, the Base Lending Rate (BLR) structure was replaced with a new Base Rate (BR) system. Under BR, which will now serve as the main reference rate for new retail floating rate l...

 Base lending Rate(BLR), Interest rate, Bank Negara