ABM refutes Rehda claims over end-financing challenges
PETALING JAYA (Oct 9): The Association of Banks in Malaysia (ABM) has refuted allegations that homebuyers are finding it tougher to obtain housing loans and that loan approval times are increasing.
Housing glut in Iskandar Malaysia no big issue in the long term
PETALING JAYA (Oct 6): Although there may be a surplus of residential properties in the Iskandar Malaysia region in the short term, it is not a big issue in the long run as the economic zone aims to have about 600,000 to almost 700,000 houses by 2025, said Iskandar Regional Development Authority vice-president of planning and compliance Sakurah Jamaluddin.
House prices will not come down — but sizes will
PETALING JAYA (Oct 5): Housing prices will definitely not go down as elements of property development such as land cost and development charges keep increasing, said a group of panellists.
Consider new ways to sustain the property market
PETALING JAYA (Sept 29): The Malaysian property market has been rather lacklustre in recent years.
Rehda hopes Budget 2018 addresses these three key issues
PETALING JAYA (Sept 28): The Real Estate and Housing Developers’ Association (Rehda) hopes the government will seriously consider three key areas, namely financing, cost of doing business and the GST exemption, said president Datuk Seri FD Iskandar Mohamed Mansor.
Eco Business Park V to launch in Puncak Alam this Saturday
PETALING JAYA (Sept 27): Eco World Development Group Bhd (EcoWorld) will be unveiling its first business park development in the Klang Valley, Eco Business Park V (EBP V), this Saturday (Sept 30).
Rights issue to put MRCB on a better financial footing
Malaysian Resources Corp Bhd (Sept 20, RM1.
Rehda: Most developers harbour pessimistic sales outlook
PETALING JAYA (Sept 20): Most developers are pessimistic on future sales performance, with 76% out of 153 respondents anticipating that their sales will be below 50% in 2H2017 and 1H2018, according to a survey by the Real Estate Housing Developers Association (Rehda) titled “Property industry survey 1H17 and market outlook for 2H17/1H18” in Peninsula Malaysia.
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).