Loan approval rates for property purchases trended lower in 2018

Mar 28

PETALING JAYA (March 27): Overall loan approval rates for property purchases have trended slightly lower at 71.

Large incoming supply raises credit risk of commercial properties

Mar 28

PETALING JAYA (March 27): Due to large incoming supply, risks are expected to remain elevated for the office space and shopping complex property segment in Malaysia.

Unsold housing units may rise further but sharp price drops unlikely

Mar 28

PETALING JAYA (March 27): Continuing soft market conditions and affordability issues in the country may see the level of unsold housing units rise further in the short term, however, sharp declines in house prices are unlikely, said Bank Negara Malaysia (BNM) in its Financial Stability and Payment Systems Report 2018.

Selamatkan Kuala Lumpur: Fresh hearing on Tiara Titiwangsa project unnecessary

Mar 27

KUALA LUMPUR (March 27): NGO Selamatkan Kuala Lumpur (SKL) has said there is no need for a fresh hearing for residents in Taman Tiara Titiwangsa regarding a high-density project on Yayasan Wilayah Persekutuan land.

Relocation of festive bazaars to improve accessibility and hygiene

Mar 25

KUALA LUMPUR (March 25): The relocation of the Ramadan and Deepavali bazaars from Lorong Tuanku Abdul Rahman to Jalan Raja is in response to complaints of congestion and poor hygiene in the previous instalments, said Deputy Federal Territories Minister Datuk Shahruddin Md Salleh.

Real estate agents and negotiators encouraged to elevate buyers’ trust

Mar 25

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.

New DBKL scheme to help PPR and Public Housing residents pay arrears

Mar 25

KUALA LUMPUR (March 25): Kuala Lumpur City Hall (DBKL) today introduced the ‘Rental Arrears Settlement Service Scheme’ to address the problem of rental arrears by tenants of its Public Housing (PA) and PPR units.

Building owners join forces over unhygienic conditions near industrial park

Mar 23

PETALING JAYA (March 23): Building owners near the Bukit Kemuning Industrial Park in Shah Alam are coming together fix the “unhygienic conditions” there, reported The Star.