Glomac lowers FY19 launch GDV to RM780m

KUALA LUMPUR (Oct 24): Glomac Bhd is holding back the launch of its high-end projects, revising the GDV of its launches planned for the financial year ended April 30, 2019 (FY19) to RM780 million from RM1 billion initially.

READ MORE

Rehda: Malaysia’s property industry must tap into big data

KUALA LUMPUR (March 3): The government must work with the property industry’s stakeholders to create a one-stop big data centre to enable the industry to better bridge the gap between supply and demand and predict housing trends in various areas, said the Real Estate and Housing Developers’ Association (Rehda) Malaysia president Datuk Seri FD Iskandar Mohamed Mansor.

READ MORE

More developers helping homebuyers with their downpayments

PETALING JAYA (Sept 20): To embrace the current challenging market conditions, more developers are assisting buyers with the 10% downpayment and are lower selling prices to boost sales, according to a recent survey by the Real Estate and Housing Developers’ Association Malaysia (Rehda).

READ MORE

Location blamed for unsold low-cost homes

KUALA LUMPUR (Aug 8): Industry players say the perceived slow demand in low-cost housing units is mainly due to difficulty in securing financing, unsuitable location of projects as well as a shift in demand towards better quality projects.

READ MORE