Remember how we used to select a mobile phone before the emergence of the smartphone? We looked at the different features, specifications and whether it comes in various colours, shapes and sizes. It was distinctive that we can almost name the brand and model just from the physical appearances from…
PETALING JAYA – The removal of the Goods and Services Tax (GST) will boost sentiments in the property sector, particularly the commercial sub-sector. Sunway University Business School professor of economics Dr Yeah Kim Leng said there will be some downward pressure in terms of pricing and consumers will benefit from…
PETALING JAYA – With zero-rated Goods and Service Tax (GST) beginning next month, property consultants expect it to be a fresh lead that encourages purchasers to end the wait-and-see approach and make their buying decision. Knight Frank Malaysia managing director Sarkunan Subramaniam opines that the zero-rated GST as a smart…
PETALING JAYA – Property consultancy Savills Malaysia expects housing prices to firm up in 2019, with real estate developers only able to increase supply by early 2020, following renewed confidence in the market from the new government’s promise of clean and fair governance. “However, there will be a period of…
PETALING JAYA – Kuala Lumpur City Hall (DBKL) has frozen all unapproved projects, including those built on hillslopes and public spaces, reported Malaysiakini. Kuala Lumpur mayor Tan Sri Mohd Amin Nordin Abdul Aziz told Lembah Pantai MP Fahmi Fadzil, Bukit Bintang MP Fong Kui Lun and Kepong MP Lim Lip…
Bank Negara Malaysia (BNM) has slammed the Real Estate and Housing Developers’ Association’s (REHDA) definition of affordable housing as inaccurate, saying homes priced at RM300,000 and above cannot be called “affordable”, reported The Sun Daily. “Houses in the price range of RM300,000 to RM500,000 are beyond what is affordable to…
KUALA LUMPUR — The National Property Information Centre (Napic) has launched an Unsold Property Enquiry System Malaysia (UPESM) to provide information to market players like developers, local authorities, buyers and other interested parties. Napic director Md Badrul Hisham Awang said on Thursday the system was developed last year and launched in…
DUBAI – Top property developer S P Setia Bhd won three gold awards at the FIABCI World Prix d’Excellence Awards 2018 held here on Tuesday. The awards are for the Affordable Housing Category for its Seri Kasturi Apartment project in Setia Alam; Master Plan Category for its Setia Eco Glades…
KUALA LUMPUR — The High Court has ruled in favour of WCT Holdings Bhd against AEON Co. (M) Bhd in a case involving the lease renewal for AEON Mall Bukit Tinggi. However, the chapter is far from over as AEON intends to appeal against the decision. Both parties were locked…
Most people take a home loan when purchasing a house. The first thing that they will look for when shopping for a home loan is how low the interest rates are. This should not be their only concern. Potential home buyers should also pay attention to the lock-in period of…
