News about Rehda

PETALING JAYA (March 11): Close to a third of 159 respondents to the Real Estate Housing Developers Association (Rehda) Property Industry Survey 2H2015 agree that the main issue with affordable housing is the increased overall cost of doing business.

2015 was indeed a challenging year for the market due to several internal and external issues, such as the implementation of the Goods and Services Tax (GST), the weakened ringgit, political uncertainty, and property market cooling measures, resulting in poor consumer sentiment.

PETALING JAYA (March 9): The Malaysian property market is expected to see some signs of recovery by this year-end, supported by an improving local economy and market sentiment.

PETALING JAYA (March 9): The Goods and Services tax (GST) which was introduced in April last year has reduced demand for commercial properties in the market due to the additional 6% cost that buyers have to pay, said Real Estate and Housing Developers’ Association Malaysia (Rehda) deputy president Datuk Soam Heng Choon.

PETALING JAYA (March 9): Properties priced from RM500,001 to RM700,000 are the most vulnerable to loan rejection, according to almost a third of 159 respondents to the Real Estate Housing Developers Association of Malaysia (Rehda) property industry survey 2H2015.

PETALING JAYA (March 9): Almost 70% of 159 respondents to the Real Estate Housing Developers Association of Malaysia (Rehda) property industry survey 2H2015 remained pessimistic on the property market for 1H2016.

PETALING JAYA (March 4): The soon to be launched Malaysian Carbon Reduction and Environmental Sustainability Tool (MyCREST) targets to have 20 property projects accredited under a pilot project this year.

PETALING JAYA (Mar 1): The Malaysian Property Expo (Mapex) 2016 is expected to generate RM500 million in sales, said its organising chairman Datuk Ng Seing Liong.

IPOH (Feb 2): Perak State Development Corp (PKNP) will build homes priced below RM150,000 each for potential buyers unable to purchase the state’s affordable homes, says its group chief executive Datuk Aminuddin Desa.

PETALING JAYA (Jan 29): The revisions to Budget 2016 -- which include limiting the sale of new homes priced up to RM300,000 for first time buyers -- may see developers re-pricing properties launched last year to accommodate customers who bought properties before, said Malaysian Institute of Estate Agents’ (MIEA) president Erick Kho.