Will the RTA be an exercise in futility?
The government’s assurance that it would not rush into introducing the proposed Residential Tenancy Act (RTA) is wise, given the growing public disquiet.
Over 50% of Malaysians prefer short-term rental accommodation when on travel
KUALA LUMPUR (March 8): A new survey has found that over half of all respondents are likely to stay at short-term rental accommodation when they travel domestically and more than two thirds (68%) of Malaysians surveyed are likely to use Airbnb when they next travel.
Record 8.4% growth for prime international residential and positive outlook for FY2022 — Knight Frank’s The Wealth Report 2022
PETALING JAYA (March 3): The global prime real estate is anticipated to grow in FY2022, according to Knight Frank’s The Wealth Report 2022 presented via a webinar on Wednesday.
Rehda: Residential Tenancy Act should be reviewed and reconsidered carefully
PETALING JAYA (March 2): The Real Estate and Housing Developers’ Association Malaysia (Rehda) is cognisant of the Residential Tenancy Act (RTA) proposed by the Ministry of Housing and Local Government (KPKT), which recently went through a month-long consultancy period with affected stakeholders.
Corporate results ‘headed in the right direction’ as 4Q21 earnings show a slight positive trend, say analysts
KUALA LUMPUR (March 2): Corporate results are headed in the right direction as the recent December quarter earnings (4Q21) show a slight positive trend, observe analysts.
Property Chat: Flawed demographic survey on proposed Residential Tenancy Act
The National Homebuyers Association (HBA) is calling out that the drafted laws of the proposed Residential Tenancy Act (RTA) draft have incomprehensible sections.
Seoul’s unaffordable housing market show signs of cooling down
SEOUL (Feb 8): With Seoul’s presidential vote due in March, the capital’s housing market is starting to show signs of cooling off, according to Reuters.
Sheda: Minimum wage hike may increase unemployment rate
KUCHING (Feb 8): An increase of the minimum wage may lead to an increase of unemployment rate as employers may end up hiring fewer workers due to the high cost, said Sarawak Housing and Real Estate Developers’ Association (Sheda) president Augustine Wong Chung Ho.
Court of appeal holds that Minister of Housing and Local Government is empowered to extend time for the delivery of vacant possession
The Court of Appeal in Bludream City Development Sdn.
Henry Butcher: Property market on recovery path in 2022
PETALING JAYA (Jan 28): The Malaysian property market will show stronger signs of recovery in 2022 as the Covid-19 pandemic appears to have been brought under control with the achievement of a vaccination rate of more than 79% and the reduction in serious infection cases, according to Henry Butcher Real Estate Sdn Bhd chief operating officer Tang Chee Meng.
