Unsold completed homes at record high
KAJANG: The slow property market has led to the increase in residential overhang numbers which as of 1H2018 totals 29,227 units worth RM17.
JPPH proposes Housing Price and Cost Control Committee
PETALING JAYA (October 1): The Valuation and Property Services Department (JPPH) has come up with a suggestion to keep house prices in check — by establishing a Housing Price and Cost Control Committee, to monitor costs involved in housing developments.
Supply of new hotels on the rise in Malaysia
PETALING JAYA (April 17): Thirty new hotels were completed last year, adding a further 5,777 rooms to the sector in 2017, over 50% more than the 3,733 new rooms introduced in 2016, said the Valuation and Property Services Department’s (JPPH) “Malaysian Property Market Report 2017”.
House prices finally coming down?
“House prices will never go down” is probably what we hear whenever we are told to invest in a residential property.
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Property market in 2H2016 to remain subdued
PETALING JAYA (July 27): The outlook for the property market in the second half of 2016 (2H2016) is expected to remain subdued, said Valuation and Property Services Department director-general Datuk Faizan Abdul Rahman at the Malaysian Property Summit Mid-Year Review 2016 today.
