News about PEPS

“We strongly believe that in its current form, the Bill sidesteps equitable consultation with key stakeholders, including owners, professionals, and affected communities.

Organising chairman Sulaiman Saheh: “[The property price growth projection] ranges from 2% and could go up to 5%, but it is very much dependent on the locality.

Singapore Estate Agents Association is supported by estate agencies in Singapore and the Council for Estate Agencies, which is the statutory board that governs the real estate agency industry in Singapore.

PEPS president Subramaniam Arumugam: Micromanaging the real estate sector in this sector in this manner, particularly through a government bureaucracy, may not align with investor-friendly policies.

It added that this RTO scheme shall also be applicable to PRIMA homes, where there is an oversupply, as this will give an opportunity for the B40 income group to own homes for the first time.

The majority of the total residential overhang units are those priced between RM500,000 and RM1 million at 31.

Calls for HOC to be extended to secondary market It is that time of the year again, but with a heightened sense of anticipation this time round.

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.