News about Malaysia

PETALING JAYA (Nov 6): The private sector is unable to provide affordable homes at prices on par with Perbadanan PR1MA Malaysia (PR1MA), Rumah Selangorku or other government-backed affordable housing schemes as their land cost and construction cost alone may double the selling prices of these homes, said Knight Frank Malaysia executive director Allan Sim.

KUALA LUMPUR (Nov 5): The country has, under the Eleventh Malaysia Plan 2016-2020 (11MP), identified “sustainable construction” as the game changer for the construction industry, said Construction Industry Development Board (CIDB) Malaysia chief executive Datuk Dr Judin Abdul Karim (pictured) at the Zofnass Programme Symposium held at Harvard University in the US recently.

THE number of sustainable and green developments in Malaysia has been increasing over the past few years.

KUALA LUMPUR (Oct 28): Malaysia is the third biggest Asian investor in the real estate market of the UK and Australia, The Star Online reported.

  CYBERJAYA (Oct 28): Malaysian Resources Corporation Berhad (MRCB)’s property arm, MRCB Land and Cyberview Sdn Bhd (Cyberview) have signed a 70:30 joint-venture agreement for the development of Cyberjaya City Centre (CCC) today.

MRCB-Quill REIT (Oct 23, RM1.

This is the first in a series of four snapshots on Selayang.

KUALA LUMPUR (Oct 23): The Real Estate and Housing Developers’ Association (Rehda) is realistic about the economic challenges faced by the country and views Budget 2016 in a positive manner “Rehda acknowledged the fact that this is a challenging budget as the country’s major source of income from oil and gas industry was slashed.

It has been announced that RM200 million has been allocated under Budget 2016 to help first-time buyers pay a deposit on an affordable home.

KUALA LUMPUR (Oct 23): The median home value in Malaysia has hit the RM300,000 mark in the first half of 2015 (1H15), with Selangor, Penang, Sabah and Sarawak continuing to exceed the average price since 2004.