KUALA LUMPUR: Developers’ are pessimistic on the outlook for the property market in the first half of 2015 (1H15) and the gloom is expected to deepen by 2H15,  the Real Estate and Housing Developers’ Association (Rehda) told a media briefing yesterday on its Property Industry Survey 2H14 report.

PETALING JAYA: Mapex Property Showcase 2015, organised for the first time by Rehda Youth, the youth arm of the Real Estate & Housing Developers’ Association Malaysia, generated sales of RM33.4 million over the five days of the event held in 1 Utama Shopping Centre.

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 which has caused Malaysian developers to pull back from their launches.

AS THE local property sector braces for a tough year ahead, Penang’s real estate developers are appealing to the state to lower their cost of development.

In 2012, the state government increased the cost of development by introducing new contribution charges and raising existing ones.

PENANG will witness a gathering of property experts and industry players at the inaugural Penang Property Summit 2015. It will be held from Jan 9 to 11 at the sPICE Arena Penang (Pisa).

The summit is seen as a timely event, given the rapid pace of property development on the island and growing concerns about rising prices and the environment.

Winner - Datuk Tan Chin Nam, founder Tan & Tan Developments Bhd
                     and IGB Corp Bhd

BUDGET 2015 introduces more measures to increase home ownership and build more affordable housing, and announced more infrastructure projects to boost connectivity.  

PETALING JAYA (Nov 5): Prime Minister Datuk Seri Najib Razak said he would study the full implications of making residential properties a zero-rated product under the Good and Services Tax (GST) system.