MIEA: Property market to improve after GE
PETALING JAYA (Nov 28): The property market is expected to improve after the general elections (GE) are held, said Malaysian Institute of Estate Agents (MIEA) president Eric Lim.
High-end property in 'a bit of a glut' — MBSB
KUALA LUMPUR (Nov 28): Malaysia Building Society Bhd (MBSB) is of the opinion the Malaysian property segment is in “a bit of a glut” — but only in the high-end property segment, echoing sentiment shared by Bank Negara Malaysia (BNM) recently.
Moody’s: Protracted overhang may cause material decline in property prices
PETALING JAYA (Nov 27): A protracted period of property supply overhang may cause a material decline in property prices as market valuation adjusts to reflect lower demand, said Moody’s Investors Service.
Will easing lending aid market recovery?
Many gripe that strict policy over loan approvals is hampering the property market from its current doldrums.
Just join the dots, please!
The property development arena has been in a state of flux in the last week, sparked by Putrajaya’s directive to freeze all new applications for shopping malls, offices, serviced apartments and condominiums priced at RM1 million and above.
MBSB 3Q earnings surge 74% on lower loan impairment allowance
KUALA LUMPUR (Nov 24): Malaysia Building Society Bhd’s (MBSB) net profit surged 73.
PEPS supports conditional freeze on development of building
KUALA LUMPUR (Nov 23): The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) supports the government in imposing a freeze on the development of buildings, but it is of the view that it should not be a country-wide blanket freeze.
100% stamp duty exemption on SPA for bank-initiated RTO schemes
KUALA LUMPUR (Nov 23): To encourage more financial institutions to offer rent-to-own (RTO) as an alternative home financing solution, the government will grant a 100% stamp duty exemption on the sale and purchase agreements (SPA) to homebuyers who attain homeownership under these schemes.
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Malaysia’s first-of-its-kind rent-to-own scheme
Forking out the 10% to 15% down payment for a home and securing a home loan often pose quite a challenge to homebuyers.
New development freeze applies nationwide, says Finance Minister II
KUALA LUMPUR (Nov 23): Putrajaya’s order to freeze approvals for shopping complexes, offices, serviced apartments and luxury condominiums priced above RM1 million applies to the entire nation, clarified Minister of Finance II Datuk Seri Johari Abdul Ghani.
