Stamp duty exemption doubled to 100% on instruments of transfer and housing loan instruments to help reduce the cost of first home ownership. Exemption limited to houses valued up to RM300,000 for the period of Jan 1, 2017 to Dec 31, 2018.

Prime Minister Datuk Seri Najib Razak said an allocation of RM200 million will be used for the implementation of this National Blue Ocean Strategy initiative.

Financing will soon be easier and more accessible with total loans of up to 90% to 100%.

Stamp duty will be exempted for property transfers and housing loan instruments to help reduce the cost of first-time home ownership.

The construction sector is expected to expand 8.7% in 2016 compared with 8.2% last year, said the Ministry of Finance in its 2016/2017 Economic Report

Developer Emperor International Holdings is planning to launch a project where each unit measures 61.4 sq ft, according to filings with Hong Kong’s Building Department…

Malaysian property managers should reinvent themselves and enhance their capacity to meet increasingly high market expectations, said DBKL property management and valuation department’s commissioner of buildings (COB) head Kamarulzaman Mat Salleh.

Sold for: RM1.07 million (RM721 psf); Concluded by: Terence Yap (REN 03227) of One Sunterra Properties (012-2103557); When: August 2016

CMMT chairman David Wong said retail sales for the second quarter of 2016 grew 7.5%, having rebounded from a severe decline following the implementation of the goods and services tax last year.

Buying or selling a property without basic field knowledge can lead to complications including being scammed by illegal brokers.