House prices unlikely to fall

KUALA LUMPUR (Aug 9): House prices in Malaysia will not go down despite current economic uncertainties, due to higher land prices and compliance costs, and increased cost of construction, said Real Estate and Housing Developers’ Association (Rehda).

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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.

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China curbs impact Forest City's homes sales

KUALA LUMPUR (Aug 4): Country Garden Holdings will find it hard to match last year’s home sales at its Forest City development in Johor following China’s curbs on outbound investment, a top executive told Reuters today.

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One Bukit Senyum granted node status by MoF and IRDA

PETALING JAYA (July 26): Astaka Holdings Ltd has announced that Johor’s upcoming administrative and commercial hub One Bukit Senyum has been granted node status by the Ministry of Finance and the Iskandar Regional Development Authority (IRDA).

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