In Depth http://www.theedgeproperty.com.my/frontpage en Abandoned housing: Rehda’s solutions missing the forest for the trees http://www.theedgeproperty.com.my/content/1912940/abandoned-housing-rehda%E2%80%99s-solutions-missing-forest-trees <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/changkimloongmarch24_0.jpg?itok=A990GRFO"><a href="/content/1912940/abandoned-housing-rehda%E2%80%99s-solutions-missing-forest-trees"><img typeof="foaf:Image" src="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/changkimloongmarch24_0.jpg?itok=A990GRFO" width="220" height="131" alt="" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Rehda Institute has proposed a few solutions to addressing the distressing issue of abandoned housing projects. In our opinion, Rehda Institute is missing the forest for the trees.</p> </div></div></div> Fri, 27 Jun 2025 10:03:25 +0000 [email protected] 1912940 at http://www.theedgeproperty.com.my Selangor sets precedent, waives penalties for unwitting purchase of bumi lots, but prevention still lacking http://www.theedgeproperty.com.my/content/1912549/selangor-sets-precedent-waives-penalties-unwitting-purchase-bumi-lots-prevention-still-lacking <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/usjonepark_0.jpeg?itok=s8l-0ZdU"><a href="/content/1912549/selangor-sets-precedent-waives-penalties-unwitting-purchase-bumi-lots-prevention-still-lacking"><img typeof="foaf:Image" src="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/usjonepark_0.jpeg?itok=s8l-0ZdU" width="220" height="165" alt="" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>After four years of uncertainty, 207 non-bumiputera homeowners in USJ One Park, Subang Jaya, Selangor, can finally breathe a sigh of relief as the Selangor government has agreed to waive a staggering RM15.32 million in penalty fees early this year.</p> </div></div></div> Fri, 16 May 2025 03:05:42 +0000 [email protected] 1912549 at http://www.theedgeproperty.com.my Napic’s and Rehda’s differing data—Which one reflects true market sentiment? http://www.theedgeproperty.com.my/content/1912495/napic%E2%80%99s-and-rehda%E2%80%99s-differing-data%E2%80%94which-one-reflects-true-market-sentiment <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/klskyline_zhd_1510_3.jpg?itok=AYVrgCkm"><a href="/content/1912495/napic%E2%80%99s-and-rehda%E2%80%99s-differing-data%E2%80%94which-one-reflects-true-market-sentiment"><img typeof="foaf:Image" src="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/klskyline_zhd_1510_3.jpg?itok=AYVrgCkm" width="220" height="147" alt="" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>The Malaysian property market is said to have performed exceptionally well in 2024, with the total value of property transactions hitting a record high at RM232.3 billion, and the total volume of property transactions reaching 420,545, regaining the momentum of 2011.</p> </div></div></div> Thu, 08 May 2025 11:22:05 +0000 [email protected] 1912495 at http://www.theedgeproperty.com.my Blacklisting not a cure for late, sick and abandoned housing projects http://www.theedgeproperty.com.my/content/1912436/blacklisting-not-cure-late-sick-and-abandoned-housing-projects <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/changkimloongmarch5thumb_1.jpg?itok=aT4szZ5R"><a href="/content/1912436/blacklisting-not-cure-late-sick-and-abandoned-housing-projects"><img typeof="foaf:Image" src="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/changkimloongmarch5thumb_1.jpg?itok=aT4szZ5R" width="220" height="120" alt="" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>It was recently reported that the Housing and Local Government Ministry (KPKT) has blacklisted 109 “errant developers” and their boards of directors.</p> </div></div></div> Fri, 02 May 2025 10:39:31 +0000 [email protected] 1912436 at http://www.theedgeproperty.com.my E-invoicing for JMB, MC, RA: an unnecessary burden that needs re-consideration http://www.theedgeproperty.com.my/content/1912044/e-invoicing-jmb-mc-ra-unnecessary-burden-needs-re-consideration <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/tax_1.jpg?itok=F8095w5H"><a href="/content/1912044/e-invoicing-jmb-mc-ra-unnecessary-burden-needs-re-consideration"><img typeof="foaf:Image" src="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/tax_1.jpg?itok=F8095w5H" width="220" height="220" alt="" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>According to the Inland Revenue Board of Malaysia (IRBM), the e-invoicing mandate applies to all individuals and legal entities, including associations and bodies of persons.</p> </div></div></div> Mon, 10 Mar 2025 10:35:40 +0000 [email protected] 1912044 at http://www.theedgeproperty.com.my How Urban Renewal Act proposals contravene Federal Constitution http://www.theedgeproperty.com.my/content/1911945/how-urban-renewal-act-proposals-contravene-federal-constitution <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/constructionworkerstheedge_0_0_0.jpg?itok=tj5fPzVB"><a href="/content/1911945/how-urban-renewal-act-proposals-contravene-federal-constitution"><img typeof="foaf:Image" src="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/constructionworkerstheedge_0_0_0.jpg?itok=tj5fPzVB" width="220" height="126" alt="" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>The Urban Renewal Act (URA) is set to be presented in Parliament next month. Among its contentious proposals is an 80% consent threshold for properties of 30 years old and a 75% threshold for properties over 30 years old. This means that a property could be compulsorily redeveloped even if 20% or 25% of owners oppose it.</p> </div></div></div> Thu, 27 Feb 2025 06:49:36 +0000 [email protected] 1911945 at http://www.theedgeproperty.com.my Shouldn’t stratified properties enjoy lower assessment rates by DBKL? http://www.theedgeproperty.com.my/content/1911822/shouldn%E2%80%99t-stratified-properties-enjoy-lower-assessment-rates-dbkl <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/dbkl_3_86.jpg?itok=df9jiQYs"><a href="/content/1911822/shouldn%E2%80%99t-stratified-properties-enjoy-lower-assessment-rates-dbkl"><img typeof="foaf:Image" src="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/dbkl_3_86.jpg?itok=df9jiQYs" width="220" height="147" alt="" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>In recent developments, Kuala Lumpur City Hall (DBKL) is contemplating an increase in assessment tax rates, following the Selangor state government's 25% hike effective from January this year. This move has raised concerns among residents, who are calling for greater transparency and financial accountability from DBKL before any rate adjustments are implemented.</p> </div></div></div> Thu, 13 Feb 2025 10:13:38 +0000 [email protected] 1911822 at http://www.theedgeproperty.com.my The REAL deal: What’s next, Madam Mayor? http://www.theedgeproperty.com.my/content/1911798/real-deal-what%E2%80%99s-next-madam-mayor <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/forummaimunahmohd.jpg?itok=5wbJ9Am7"><a href="/content/1911798/real-deal-what%E2%80%99s-next-madam-mayor"><img typeof="foaf:Image" src="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/forummaimunahmohd.jpg?itok=5wbJ9Am7" width="220" height="147" alt="" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Six months into the job, Kuala Lumpur’s not-so-new mayor Datuk Seri Maimunah Mohd Sharif would have settled into the hot seat, leading a city that is a proxy for Malaysia.</p> </div></div></div> Mon, 10 Feb 2025 05:31:38 +0000 [email protected] 1911798 at http://www.theedgeproperty.com.my Rushing into urban redevelopment without establishing regulatory framework could leave homeowners homeless http://www.theedgeproperty.com.my/content/1911719/rushing-urban-redevelopment-without-establishing-regulatory-framework-could-leave-homeowners-homeless <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/construction_tem_5.jpg?itok=XvYMYTCd"><a href="/content/1911719/rushing-urban-redevelopment-without-establishing-regulatory-framework-could-leave-homeowners-homeless"><img typeof="foaf:Image" src="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/construction_tem_5.jpg?itok=XvYMYTCd" width="220" height="147" alt="" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>The concept of redevelopment where homeowners exchange their present property titles for another future home unit or monetary compensation is not new in Malaysia.</p> </div></div></div> Tue, 28 Jan 2025 03:20:55 +0000 [email protected] 1911719 at http://www.theedgeproperty.com.my Redevelopment can be helmed by owners themselves without URA’s decree http://www.theedgeproperty.com.my/content/1911464/redevelopment-can-be-helmed-owners-themselves-without-ura%E2%80%99s-decree <div class="field field-name-field-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even" rel="og:image rdfs:seeAlso" resource="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/penangsept23_0.jpg?itok=J0MbyR5j"><a href="/content/1911464/redevelopment-can-be-helmed-owners-themselves-without-ura%E2%80%99s-decree"><img typeof="foaf:Image" src="http://www.theedgeproperty.com.my/s3/files/styles/medium/public/field/image/penangsept23_0.jpg?itok=J0MbyR5j" width="220" height="147" alt="" /></a></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>The National House Buyers Association (HBA) has written numerous articles on the repercussion, ramifications and possible ills of the Urban Redevelopment Act (URA) proposed by the Ministry of Housing and Local Government (KPKT), which is considering a consent threshold as low as 75%.</p> </div></div></div> Thu, 02 Jan 2025 09:59:00 +0000 [email protected] 1911464 at http://www.theedgeproperty.com.my