News about buy

  KELANA JAYA (Nov 13): The Housing and Local Government Ministry (KPKT) should take the initiative to work with the private sector to promote the rent-to-own concept or other alternatives to encourage homeownership without over-stretching the finances of individuals instead of increasing affordable housing supply, said Socio-Economic Research Centre (SERC) executive director Lee Heng Guie.

KUALA LUMPUR (Nov 5): The Securities Commission Malaysia (SC) (pictured) said today it is supportive of innovative ideas that tap into the transformative power of technology to democratise investments, allowing more financing options for Malaysians to buy their first homes and enhance their socio-economic well-being.

PETALING JAYA (Nov 2): The National House Buyers Association (HBA) has urged the government to take measures to slow down escalating property prices by raising the supply of homes in the affordable housing segment through  government-linked corporations, state economic agencies and  bodies such as Perbadanan PR1MA Malaysia (PR1MA).

PETALING JAYA (Nov 2): Property developers have lauded the government’s move to allow the private sector to engage in a new peer-to-peer lending scheme that will allow first-time homebuyers to adopt the “property crowdfunding” model.

  PETALING JAYA (Nov 2): The government will allow the setting-up of property crowdfunding  platforms which will serve as an alternative source of financing for first time homebuyers, said Finance Minister Lim Guan Eng today.

The list of blacklisted developers which defied the Tribunal for Homebuyer Claims (as at September 14, 2018) No Company 1 ABRA DEVELOPMENT SDN BHD 2 ACTRAL FAIRWAY SDN BHD 3 AJUMAS ENGINEERING SDN BHD 4 ALUNAN OMBAK SDN BHD 5 ANGEL PROPERTIES SDN BHD 6 ANGKATAN MEWAH SDN BHD 7 ANGLO VENTURES SDN BHD 8 ANJUNG PROPERTIES SDN BHD 9 ANTANUSA DEVELOPMENT SDN BHD 10 ANTAP IKHLAS SDN BHD 11 ANTARA VISTA SDN BHD 12 ANZ DEVELOPMENT SDN BHD 13 ARAH CIPTA SDN BHD 14 ARASIAPLUS HERITAGE SDN BHD 15 ARCHLAW DEVELOPMENT SDN BHD 16 ASET NUSANTARA DEVELOPMENT SDN BHD 17 ASPIRASI VIANA DEVELOPMENT SDN BHD 18 ASTANA LAND SDN BHD (DAHULU DIKENALI SBG KEJORA INDAH VENTURES SDN BHD) 19 BAN SOON AIK DEVELOPMENT SDN BHD 20 BARTER FORTUNE SDN BHD 21 BATU SEMBILAN PROPERTIES SDN BHD 22 BAYU PARK DEVELOPMENT 23 BCM REALTY (M) SDN BHD 24 BENCH WIN SDN BHD 25 BENIH MURNI SDN BHD 26 BENTARA MAJU SDN BHD 27 BETTER SYMBOL SDN BHD 28 BHL CONSTRUCTION SDN BHD 29 BIDARA PUJIAN (M) SDN BHD 30 BINA SATU LEASING SDN BHD 31 BINA WORKS & TRADING SDN BHD 32 BINTANG TEKNOLOGI KOMUNIKASI SDN.

PETALING JAYA (Oct 15): The National House Buyers Association (HBA) has called upon the Real Estate and Housing Developers Association (Rehda) to redefine its “outright unrealistic” definition of affordable housing, according to a New Straits Times report.

PETALING JAYA (Oct 10): The Federal Court will decide whether the Housing and Local Government (KPKT) Ministry has the authority to grant developers an extension of time (EOT) for their property development projects.

KUALA LUMPUR (Sept 26): It looks like the local property market is still not out of the woods, just yet.

SINGAPORE (Sept 26): On July 5, the government has acted to cool the red hot residential property market by introducing a fresh round of cooling measures, which included higher Additional Buyer’s Stamp Duty (ABSD) rates and tighter Loan-to-Value (LTV) limits.