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“When we buy a luxury car for RM800,000, we can get our bank facility within two or three days without a lawyer, but when we buy a house for RM300,000, we are required to have a battery of lawyers to complete the transaction which takes an average of three to six months.

KUALA LUMPUR (May 6): Maybank Investment Bank (Maybank IB) on Friday cut Genting Malaysia Bhd's earnings per share (EPS) for the financial year ending Dec 31, 2022 (FY22) by 40% as the Omicron wave which began in Malaysia in February slows Resorts World Genting's (RWG) recovery.

KUALA LUMPUR (Apr 29): With a resilient domestic tourism sector and Malaysia's growing popularity as a halal tourism destination, Kuala Lumpur is poised to reap the benefits of the reopening of international travel, CBRE said in a recent Kuala Lumpur Hotel Market Outlook & Prospects 2022 report by CBRE|WTW’s global joint venture partners, CBRE Asia Pacific.

GIVEN the uneven economic recovery in the aftermath of a global health crisis, analysts are maintaining a neutral stance on property stocks while keeping an eye on developers with affordable and landed residential offerings.

PETALING JAYA (Apr 27): Knight Frank Malaysia acquired real estate agency Property Hub Sdn Bhd in a joint venture (JV) and rebranded the agency as Knight Frank Property Hub Sdn Bhd.

KUALA LUMPUR (April 27): Guocoland (Malaysia) Bhd’s net profit fell significantly by 90.

KUALA LUMPUR (Apr 27): Occupancy rates for purpose-built office and retail spaces are dropping even though the supply has increased in 2021, according to the National Property Information Centre (Napic) report for 2021.

PETALING JAYA (April 26): The rapidly growing e-commerce sector will continue to boost market demand for logistic properties in Malaysia and other Asia Pacific countries, according to JLL Property Services (M) Sdn Bhd.

You can’t wait to move into your dream home.

Some developers are ‘arm-twisting’ house buyers to sign away their rights to late delivery compensations, but are such waivers legitimate?  Ever so often, when developers fail to complete their projects on time, they devise ways and means to avoid paying compensation for late delivery or liquidated ascertained damages (LAD) to their house buyers.