Works minister says SST expansion will have minimal impact on house prices
Datuk Seri Alexander Nanta Linggi also highlighted that SST on basic construction materials remains at 0%, which ensures that essential supplies remain affordable.
Penang extends 5% discount for overhang units to all buyers—CM
Chief Minister Chow Kon Yeow said, according to the Penang Property Market Report for the Fourth Quarter of 2024 released by Napic, a total of 2,796 residential units have been identified as unsold, involving various types of residential properties across the state.
Govt valuer disagrees with Semantan Estate’s private valuation
Government valuer Halimatul Saeidah Abd Ghani, 49, said the private valuer had not shown proof that he had failed to obtain permission to inspect or measure the government buildings on the 263.
Malaysian retailers urge MOF to waive or defer SST on commercial rentals
"Defer the SST on rentals until after Visit Malaysia Year 2026 to preserve industry stability and support tourism-linked growth.
Residential properties under Housing Development Act exempted from SST, says minister
Housing and Local Government Minister Nga Kor Ming said the exemption applies to all residential buildings, including serviced apartments built on commercial land, provided they are intended for residential use and fall under the HDA.
6% SST will lead to homebuyers bearing brunt of increased prices—REHDA
“In today’s urban landscape especially in city centres, where residential units are often part of mixed developments due to land scarcity, subjecting these units to SST will inevitably lead to increased housing prices, ultimately impacting homebuyers who will have to bear the brunt.
SST: Property sector to be cushioned by demand for industrial properties—RHB
“Sales of industrial properties as well as projects in Iskandar Malaysia remain strong year-to-date.
Vizione, Permaju Industries mutually terminate RM490m Sabah housing construction contract
The contract was awarded to Vizione's wholly owned subsidiary, Bina Permai Sdn Bhd, by Permaju Industries' wholly owned unit, Permaju Property Sdn Bhd, in December 2023.
KL Local Plan 2040 gazetted, expert calls for authority-led urban renewal
“Without a clear master plan led by the government, redevelopment risks becoming messy, disjointed, and even socially divisive,” said Mohamed Rafick.
Germans leave parental home early, but men take longer to move out, says Eurostat
Within the EU, young people tend to live at home the longest in Croatia, where they were 31.
