News about National Property Information Centre

  KUALA LUMPUR (Jan 29): The number of unsold homes in Malaysia has more than doubled, reaching a new high of 30,115 homes as at the third quarter of 2018 (3Q18).

PETALING JAYA (Dec 24): The median price of homes in Malaysia stood at RM293,000 in the third quarter of 2018 (3Q18), an incremental rise from RM288,000 in the previous quarter, according to The Residential Prices Quarterly Update Q3 2018 report by the National Property Information Centre (Napic).

Malaysians, especially the millennial generation, tend to have a special affinity for shopping malls as many of us grew up spending much of our leisure time in one of them especially the ones nearest to our homes.

KUALA LUMPUR (Oct 12): Housing and Local Government Minister Zuraida Kamaruddin is upbeat about the prospects of the property market next year despite the less-than-rosy statistics from the first half of this year (1H2018) presented by the National Property Information Centre (Napic) yesterday.

KAJANG (Oct 11): National Property Information (Napic) director Badrul Hisham Awang said plans are being made to form a federal-level independent committee to evaluate fair selling prices for homes in Malaysia, a replication of the model used in Melaka currently.

KAJANG (Oct 11): The property market is expected to improve in either 2H2018 or 1H2019, riding on the improvement of household sentiment and business environment, said National Property Information (NAPIC) director Badrul Hisham Awang.

KAJANG (Oct 11) : The slow market absorption of properties has led to the increase in residential overhang which totals 29,227 units worth RM17.

PETALING JAYA (Aug 17): The median house price in the country in the first quarter of 2018 (1Q18) stood at RM280,000, according to the National Property Information Centre’s (Napic) The Residential Prices Quarterly Update report for the period.

It is many people’s dream to own a home of their own and this has driven them to work diligently and save up their hard-earned money to one day make their dream come true.

PETALING JAYA (July 25): While the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) president Foo Gee Jen believed the drafting a commercial development act and streamlining housing data by introducing a data input system are laudable, his concerns lie in their enforcement and execution.