News by EdgeProp.my

Recent heavy rain has caused a landslide along Jalan Lingkungan Negri Sembilan on Saturday night and washed soil down on Jalan Limau Purut in Bangsar.

But rental revision “outlook may not be so positive”, says analyst

JLL Property Services (M) Sdn Bhd country head Y Y Lau: Malaysia continues to be one of the favourite locations to construct data centres around the SEA region

Datuk Chang Kim Loong: The grave injustice to innocent house buyers is to end up being victims of abandoned housing projects. It is a traumatic experience to have placed your entire savings to own a home, only to discover the house will never get completed, and worse, you still have to service the bank loan.

OSK Property CEO Ong Ghee Bin: We want to be known as a developer that markets to the young and first-time homebuyers

How could a developer sell premium-quality homes located in highly accessible and matured localities, yet price them attractively for the middle-income group? OSK Property’s solution is to keep the home design simple and practical, and leverage the OSK Group’s strength of diversified portfolios to cap costs.

President Datuk Soam Heng Choon: Getting the government to buy over the unsold units is a good exercise but one needs to be careful as well as it involves the taxpayers’ money

On May 31, 2021, the Ministry of Finance announced a seven-month extension for the HOC to Dec 31, 2021 under the government initiatives – PEMERKASA+ Stimulus Package

Real Estate and Housing Developers’ Association Malaysia (REHDA) president Datuk Soam Heng Choon: We need to give them some time to build up the stock and balance the demand and supply to see the price normalised. We are not too concerned about this

President Datuk Soam Heng Choon: We went into a lockdown from June 2021 to the end of August/September, and sales activities could only started opening up in September and October -- they can see that 2H2021 is almost a washout