On ways to lift the market
Continues from: On bringing down property prices ‘No more goose that lays the golden egg’ Tan (pictured): Right now we have many properties unsold in certain sectors.
BON Estates secures RM300 mil loan for The Estate
KUALA LUMPUR (Oct 28): Boutique developer BON Estates Sdn Bhd (formerly known as PPM Realty Sdn Bhd) is eyeing more land in Penang and the Klang Valley for its high-end properties following the success of past projects.
MBAM: IBS can help reduce construction cost
KUALA LUMPUR (Oct 24): Malaysian builders should adopt the use of Industrialised Building System (IBS), especially the modular method, as this could speed up the building process while reducing labour and waste, said Master Builders Association Malaysia (MBAM) president Foo Chek Lee.
The worst is over in second-tier areas, says Rehda Kedah and Perlis chairman
KUALA LUMPUR (Oct 26): The Real Estate and Housing Developers' Association Malaysia (Rehda)’s Kedah and Perlis chairman Datuk Rick Cheng Wooi Seong believes “the worst is over” for the property market in second-tier areas in Malaysia.
‘Developers are not making obscene profits’
PETALING JAYA (Oct 24): Contrary to popular belief, property developers in Malaysia are not making huge profits, said Real Estate and Housing Developers' Association Malaysia (Rehda) deputy president Datuk Soam Heng Choon (pictured).
Country Garden @ Danga Bay targets full take-up by end-2017
JOHOR BAHRU: Country Garden Holdings Co Ltd (Country Garden) is looking to sell all the remaining 2,000 high-rise residential units at its Country Garden @ Danga Bay development in Johor by end-2017, said its sales executive Lee Yi Shen.
Stamp duty increase will dampen property market further, say real estate consultants
KUALA LUMPUR (Oct 21): Real estate consultants are worried that the increase in stamp duty for real estate transactions priced above RM1 million from 3% to 4% starting January 2018 will have a negative impact on the property market.
