How is this crisis different?
The ongoing Covid-19 outbreak has put a large dent on the global economy.
Greater transparency needed on housing and development data, says industry veteran
PETALING JAYA (April 17): MKH Bhd managing director Tan Sri Eddy Chen has called for greater transparency among stakeholders to share information and data that could help the property industry avoid a mismatch of property supply and demand.
New foreign buying threshold should be location-based and limited to unsold completed units
PETALING JAYA (Oct 11): The new minimum price threshold for the foreign purchase of high-rise residential property should be location-based and limited to completed units that remain unsold for at least a year, suggested Perbadanan PR1MA Malaysia chairman Tan Sri Eddy Chen (pictured).
PR1MA's future depends on outcome of due diligence, turnaround plan, says chairman
KUALA LUMPUR (May 2): The future of the 1Malaysia People’s Housing (PR1MA) depends on the outcome of its due diligence and turnaround plan, said chairman Tan Sri Eddy Chen.
Metro Kajang MD Eddy Chen is new PR1MA chairman
KUALA LUMPUR (Oct 1): Metro Kajang Bhd managing director Tan Sri Eddy Chen (pictured) has been appointed as the new chairman of Perbadanan PR1MA Malaysia, the Prime Minister's Office announced today.
MKH gears up for 2H18 launches
KUALA LUMPUR (May 25): MKH Bhd is planning to launch properties worth some RM581 million in GDV in the second half of the year, its managing director Tan Sri Eddy Chen told EdgeProp.
Rehda's definition of affordable house price is inaccurate, says BNM
KUALA LUMPUR (May 5): Bank Negara Malaysia (BNM) said yesterday the definition of affordable houses quoted by the Real Estate and Housing Developers’ Association (Rehda) as being in the price range of RM300,000 to RM500,000 is inaccurate.
Rehda Institute: Overbuilding of affordable housing ‘quite severe’
KUALA LUMPUR (May 3): The overbuilding of affordable housing is “quite severe” as many developers have shifted into that segment to counter high loan rejection rates, with the oversupply exacerbated by a lack of accurate and timely property market data, said the Real Estate and Housing Developers’ Association (Rehda) patron and Rehda Institute trustee Tan Sri Eddy Chen * JPPH: Property market to stabilise as economy improves “In fact, we are building everywhere — those affordable houses in the range of RM300,000 to RM500,000.
Property management crucial in ensuring quality of urban living
PETALING JAYA (Dec 9): Living in high-rise and stratified properties is becoming the norm in land scarce cities.
Tan Sri Eddy Chen (MKH Bhd): We need more liveable homes
TAN Sri Eddy Chen is as passionate about real estate today as when he first started out in the construction and property development industry more than three decades ago.
