JPPH: Property market to stabilise as economy improves
KUALA LUMPUR (May 3): The overall property market is expected to stabilise this year, underpinned by the improving Malaysian economy that had recorded 5.
Maybank aims to disburse RM10b loans this year
PETALING JAYA (April 30): Malayan Banking Bhd (Maybank) aims to provide RM10 billion in loans under its MaxiHome Ezy scheme this year, reported Bernama.
Rehda: No CCCs for over 700 KV properties on water shortage
PETALING JAYA (April 4): More than 700 completed properties in the Klang Valley are unable to obtain the Certificates of Completion and Compliance (CCCs) due to the water supply issue, according to the Real Estate and Housing Developers’ Association Malaysia (Rehda).
‘Time for the govt to introduce cooling measures for non-housing loans’
PETALING JAYA (April 4): In order to pare down the current household debt-to-gross domestic production (GDP) ratio from an “unsustainable” level of 84.
Rehda: No housing glut as M’sia needs 3.2m more homes
PETALING JAYA (April 4): While there is an oversupply of shopping complexes and office spaces, it is not the case with residential properties as Malaysia is still short of 3.
Court of Appeal rules that homebuyers must be heard before extension of time is applied
PETALING JAYA (March 30): The Ministry of Urban Wellbeing, Housing and Local Government must give homebuyers the right to be heard before developers are given an extension of time (EOT) to complete a project, the Court of Appeal ruled today.
More education needed on strata management, says Rehda
PETALING JAYA (March 29): All stakeholders, particularly the public and property developers, need to be educated on their responsibilities in strata living and management.
Rehda: Malaysia’s property industry must tap into big data
KUALA LUMPUR (March 3): The government must work with the property industry’s stakeholders to create a one-stop big data centre to enable the industry to better bridge the gap between supply and demand and predict housing trends in various areas, said the Real Estate and Housing Developers’ Association (Rehda) Malaysia president Datuk Seri FD Iskandar Mohamed Mansor.
Finance Minister II: Recent developments freeze to eliminate non-serious players in property industry
KUALA LUMPUR (Nov 28): Putrajaya's recent freeze on new developments of shopping malls, offices, serviced apartments and condominiums priced above RM1 million is intended to eliminate property players who are "not serious" from the industry as they will "kill the serious developers", said Finance Minister II Datuk Seri Johari Abdul Ghani.
Rehda wants authorities to reconsider approvals freeze
PETALING JAYA (Nov 21): The Real Estate and Housing Developers Association (Rehda) Malaysia hopes that the authorities will reconsider the new ruling to freeze approvals of developments, including condominiums priced above RM1 million, it said in a press statement today.
