Heavy reliance on cheap foreign labour hinders productivity and wage growth, says BNM
KUALA LUMPUR (March 29): Cheap available foreign labour is the big stumbling block that has hindered the growth of the country’s productivity and wages.
The authorities can help recover those unpaid maintenance fees
The most common problem faced by strata managements is owners who stubbornly refuse to pay up their maintenance fees.
Estate agents up in arms against illegal brokering by proptech companies
PETALING JAYA (March 28): The Malaysian Institute of Estate Agents (MIEA) wants the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP) and the Ministry of Finance to take action against those who are circumventing the law by carrying out real estate practices illegally through property technology (proptech).
Real estate agents and negotiators encouraged to elevate buyers’ trust
PETALING JAYA (March 25): While a large segment of property buyers now rely on online platforms, a trusted real estate agent or real estate negotiator (REN) is often consulted prior to purchase.
5 things about Mont’Kiara and the market slowdown
Mont’Kiara is a familiar address in the Klang Valley for high-rise residential properties in the mid- to high-end price range.
How to put the new back in New Villages?
In attempting to rejuvenate an aging town or building, we could always demolish and rebuild from scratch.
Manulife Asset Management projects flattish yields in Malaysian REITs market
KUALA LUMPUR (March 16): Manulife Asset Management Services Bhd (MAMSB) expects the Malaysian real estate investment trust (REIT) market to remain flattish this year, with yields of around 4%-5% due to an oversupply of the instrument in the market.
Should you buy a bungalow lot?
Bungalow plots are lands that come with residential titles that enable owners to build their own dream houses.
Penang will remove tenants’ Astro to recover RM18 million PPR rents
GEORGE TOWN (March 13) – The Penang state government has discovered that some PPR (people’s housing project) rent defaulters appreared to have satellite dishes installed, indicating subscriptions with the pay-TV network Astro.
BNM's LINK can help you if the bank has been bullying you
KUALA LUMPUR (March 13): Whether it’s due to an unexpected expense, or any other occurence that may crop up in life that causes financial difficulties, the bank still comes calling for their money, but your pockets are empty, Bank Negara Malaysia provides a resource that can help you.
