Home prices can come down if certain issues addressed, say developers

SERI KEMBANGAN (Oct 2): While the government is asking property developers to lower home prices following the Sales and Service Tax (SST) exemption on construction services and building materials, industry players said lower prices can be achieved if issues such as labour shortage and the lofty compliance and development costs are addressed.

READ MORE

Tough for govt to influence land prices, says Guan Eng

KUALA LUMPUR (Oct 1): In response to former prime minister Datuk Seri Najib Razak's comment on housing prices, Finance Minister Lim Guan Eng said it is tough to influence the price of land, which is why the government had opted to reduce the cost of construction instead.

READ MORE

UPDATE: Hilton Garden Inn hotels on Jalan TAR flipped for RM240m – report

PETALING JAYA (Sept 29): Hilton Garden Inn North – formerly the Cititel Express – and Hilton Garden Inn South – formerly the Hotel Empress – on Jalan Tunku Abdul Rahman, Kuala Lumpur, was sold for RM240 million by Singapore's Royal Group in August – barely three years after it had acquired the properties, reported The Edge Malaysia.

READ MORE