Napic: Malaysian property market weakens further, overhang up 44%
KAJANG (April 18): The overall property market slowdown had worsened in 2016 with a decline in transaction volume by 11.
PR1MA garners 4,243 unit sales up to January
KUALA LUMPUR (March 16): Sales of houses under the under the 1Malaysia People's Housing Programme (PR1MA) totalled 4,243 as at January, said Minister in Prime Minister's Department Datuk Seri Shahidan Kassim.
SkyAwani 2 Tower B fully sold in two hours
KUALA LUMPUR (March 2): SkyWorld Development Group’s SkyAwani 2 Residences’ Tower B was fully taken up within two hours at the official launch last weekend.
All that glitters is not gold at PR1MA
IF there is one thing the global financial crisis taught us, it is this: When you lend money to cash-strapped individuals, time bombs can and do explode.
House prices can be reduced up to 40% by offering bare units, says Rehda past president
KUALA LUMPUR (Feb 23): If developers adopt the core housing development concept, house prices could come down by 30% to 40%, said past president of the Real Estate and Housing Developers' Association (Rehda) Datuk Ng Seing Liong.
PR1MA: Start moratorium from CCC date
KUALA LUMPUR (Feb 14): Perbadanan PR1MA Malaysia has submitted a proposal to the government for the moratorium on reselling imposed on buyers of its houses to commence from the date the Certificate of Completion and Compliance (CCC) issued.
Hock Seng Lee eyes PPR projects
KUALA LUMPUR (Feb 13): Sarawak-based engineering and construction group Hock Seng Lee Bhd (HSL) is all out to cater to the rising demand for affordable housing in the state’s major urban centres, especially Kuching.
Hua Yang’s Meritus Residensi achieves 34% take-up rate during official launch
PETALING JAYA (Jan 31): Hua Yang Bhd’s maiden project in Penang, Meritus Residensi, has recorded a 34% take-up rate as of today since the project’s introduction last November, said the developer in a statement.
Hua Yang expects northern projects to contribute up to 30% of FY18 revenue
BUTTERWORTH (Jan 31): Property developer Hua Yang Bhd expects its northern region projects to contribute up to 30% to its revenue for its year ending March 31, 2018 (FY18).
Houses between RM400,000 and RM500,000 to be the focus in 2017
KUALA LUMPUR (Jan 18): This year will see all eyes — including property developers’ — on affordable housing priced between RM400,000 and RM500,000, said property consultancy firm CBRE | WTW.
