News by Chin Wai Lun

The highest number of unsold completed units came from Johor with 6,066 units, a 38.6% y-o-y increase from 4,736 units in the previous year. These unsold units are worth RM4.6 billion.

Dubbed “in a garden where happiness lives”, Gamuda Gardens features five cascading lakes that are integrated into the central park with two waterfalls.

They feature smart home systems such as facial recognition for access, intelligent mailbox that notifies home owners of mail arrivals and a centralised security control system.

Homebuyers will now be able to select their own units and preferred location from newly launched Setia properties offered under this scheme and not be limited to completed units.

“If banks refuse to give loans, give us (the ministry) the list [names of rejected loan applicants] and we will check with the banks. If it’s not justified, we may consider taking action [against the banks],"

“Property that is maintained well ...would appreciate in value. Half the battle is won, however, if the real estate has been designed and built for property management in the first place,” said Au.

The consumer body has proposed that action be taken only against banks that fail to lend to first-time homebuyers and those seeking to purchase affordable homes priced below RM300,000.

he 342 SOVO units in the 32-storey tower range in size from 860 to 1,550 sq ft, and are designed with versatile layouts and open-plan interior spaces to suit various types of businesses. The tower will also have retail spaces at the ground level.

Market activity in the first quarter of 2019 has also shown an improvement compared with the same period last year based on the volume and value of property transactions recorded.

According to the report, the decline was due to negative take-ups in several states especially Selangor and Pahang, which saw 32,665 sq m and 10,831 sq m of space unoccupied respectively.