Latest news for: rehda

Penang should allow more reclamation to address land shortage

GEORGE TOWN: The state government should allow more reclamation, higher plot ratio, development above 250 feet in certain areas and development of other parts of the island to address the current land shortage for property development.

Rehda: High cost of land reason for steep house prices in Penang

GEORGE TOWN: The Real Estate and Housing Developers' Association (Rehda) of Penang is claiming that the high cost of land is the main reason for houses being sold at high prices in the state.

Chairman Datuk Jerry Chan Fook Sing said the high cost of land was also the reason for developers' inclination towards building upmarket homes in the state.

City&Country: Cover Story-- Property Man of The Year

Datuk Alan Tong Kok Mau is renowned for transforming a rubber estate on the fringes of Kuala Lumpur into what is now the thriving international enclave of Mont’Kiara, earning him recognition as “KL’s Condo King”.

Rehda: New LTV ratio good move, but could affect genuine homebuyers

KUALA LUMPUR: The 70% cap on home loans announced by Bank Negara Malaysia (BNM) for purchases of third homes effective Wednesday, Nov 3 is welcomed by housing developers, but a nationwide application of the measure would affect genuine house buyers, cautioned the Real Estate and Housing Developers Association (Rehda) president Datuk Michael Yam.

Housing demand will stay strong, says Rehda deputy president

KUALA LUMPUR: The demand for housing is expected to remain strong for the next 12 to 18 months, after which the market will stabilise, according to Datuk Fateh Iskandar Mohamed Mansor, deputy president of the Real Estate and Housing Developers' Association of Malaysia (Rehda).

City&Country: Cover Story-- Taking KL's growth to the next level

Cities only grow or die, they don’t stand still,” said New South Wales premier Kristina Keneally at the recent Forbes Global CEO Conference 2010 in Sydney.
These words continue to resonate with Bukit Kiara Properties Sdn Bhd’s managing director N K Tong, who was at the conference.

Govt to woo 200 MNCs to set up KL office by 2020

KUALA LUMPUR: The government plans to attract at least 200 multi-national companies (MNCs) to set up office in Kuala Lumpur by 2020, mainly in the Greater Kuala Lumpur/Klang Valley conurbation.

#BUDGET 2011* Budget would increase home ownership, say developers

KUALA LUMPUR: Major property developers in the country said that the Budget 2011 is a business- and people-friendly budget, and added that steps taken to increase house ownership among Malaysians will help spur the property sector and enable more people to own homes.

Opposition presses for changes in property management law to be dropped

KUALA LUMPUR: Pakatan Rakyat members of parliament (MPs) yesterday urged the Ministry of Finance to withdraw from Parliament the proposed amendments to the Valuers, Appraisers and Estate Agents Act 1981 (VAEA Act) which had already raised the ire of property industry players.