RISM, and other professional bodies appeal for their valuation businesses to operate
PETALING JAYA (July 31): Real estate and construction professional bodies call for their valuation, surveyor businesses to operate again.
Covid-19: Create emergency fund to assist victims of economic fallout, urge real estate professional bodies
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).
Budget 2021: Waive RPGT on all properties below RM10m — PEPS
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.
Industrial property shines bright amidst pandemic
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.
Economic and political stability, ability to curb Covid-19 are crucial to revive property industry
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.
Malaysian Property Summit to offer 'real' insights on the property market
KUALA LUMPUR (Sept 24): A line up of industry experts will share the real picture of the current property market as well as their insights on the future at the 13th Malaysian Property Summit (13MPS) to be held on Oct 13, 2020 at Sunway Pyramid Convention Centre.
Extension of time: Federal Court decision to have major implications for property segment
KUALA LUMPUR: Without a doubt, the Federal Court’s “landmark” ruling that the housing controller has no power to grant an extension of time (EOT) to developers to complete their development projects would have “major implications” for the property development industry.
EdgeProp Study Tour: An opportunity to gain ideas and network
It was a study tour to remember for the 15 chieftains of prominent property development companies in Malaysia as well as members of EdgeProp Malaysia’s Best Managed Property Awards judging panel which included heads of professional bodies such as the Real Estate and Housing Developers’ Association, the Malaysian Institute of Property and Facility Managers and the Building Management Association of Malaysia.
PEPS: Unfair to have same maintenance rate for mixed developments
PETALING JAYA (Oct 17): Imposing a flat maintenance rate for mixed-use strata developments will result in inequity and complications, said the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector, Malaysia (PEPS).
PEPS: Remove 5% RPGT for property disposal from 6th year
PETALING JAYA (Oct 4): The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) is urging the government to review the current Real Estate Property Gains Tax (RPGT) so it can have a positive impact in stimulating the country’s housing market.
