News about PEPS

PETALING JAYA (Oct 29): Association of Valuers, Property Managers, Estate Agents & Property Consultants in the Private Sector Malaysia (PEPS) president Michael Kong (pictured) says the Budget2022 will bring only minimal impact to the property market.

KUALA LUMPUR (Oct 13): Purpose-built offices and shopping malls are seeing an all-time low occupancy rate for the first time in 20 years, hence, operators have to be more creative in utilising the vacant space in the new normal, said  National Property Information Centre (NAPIC) deputy director of inventory Ari Adam.

KUALA LUMPUR (Oct 13): While the industrial and logistics segment is expected to remain the bright spot in the property industry, CBRE|WTW managing director Foo Gee Jen (pictured) said there will be great potential in worker accommodation.

KUALA LUMPUR (Oct 13): The Government should consider purchasing and repurposing the unoccupied properties in matured areas and turn them into affordable housing to address two issues at one go, said the president of the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector of Malaysia (PEPS), Michael Kong (pictured).

PETALING JAYA (Sept 6): The new proposed policies of Malaysia My Second Home (MM2H) programme will result in at least RM3.

PETALING JAYA (July 31): Real estate and construction professional bodies call for their valuation, surveyor businesses to operate again.

PETALING JAYA (June 30): Real estate professional bodies have urged the government to create an emergency fund from the contribution of large corporations which are not affected by the lockdowns to help those experiencing financial woes This is one of the suggestions from six professional bodies, namely the Royal Institution of Surveyors Malaysia (RISM), the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS), the Malaysian Institute of Property and Facility Managers (MIPFM), the Malaysian Institute of Professional Estate Agents & Consultants (MIPEAC), the Business Valuers Association of Malaysia (BVAM) and the Persatuan Perunding Hartanah Muslim Malaysia (PEHAM).

KUALA LUMPUR (Nov 4): The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) has proposed that the government waive the real property gains tax (RPGT) across all property sectors involving transactions of less than RM10 million in 2021 to stimulate the property market.

While the Covid-19 pandemic has put a stop to almost all economic activities globally, except for certain industries are booming such as glove manufacturing, the industry property segment appears to be a silver-lining for the property market in Malaysia.

PETALING JAYA (Oct 13): The recovery of the property market relied on Malaysia's economic condition, political stability and ability to contain the spread of the Covid-19 virus, said Director of National Property Information Centre (NAPIC) Aina Edayu Ahmad.