KUCHING (Jan 4): The Sarawak government plans to carry out a study on the feasibility of property owners renting out their apartments and condominiums as accommodation for travellers, similar to that offered on Airbnb platform, to boost the state’s housing sector.
PETALING JAYA (Oct 11): The government today has proposed to lower the minimum price threshold for the foreign purchase of high-rise property specifically condominiums and apartments in urban areas, from RM1 million currently to RM600,000 effective 2020.
FLASH: Putrajaya to lower foreign buying threshold for condos and apartments in urban areas from RM1m to RM600,000 in 2020
To reduce the high number of unsold condominiums and apartments amounting to RM8.
PETALING JAYA (July 26): As residential property leasing market becomes challenging in the Kuala Lumpur city centre due to oversupply, Knight Frank Malaysia observed more owners turning to short-term leasing for higher yield in 1H18.
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.
KUALA LUMPUR (Nov 21): Second Finance Minister Datuk Seri Johari Abdul Ghani reiterated the need for Malaysia's freeze on development approvals for shopping complexes, offices, serviced apartments and luxury condominiums priced over RM1 million, to safeguard the banking sector.
PETALING JAYA (Nov 20): The Real Estate and Housing Developers Association (Rehda) is expected to issue a statement tomorrow on the Cabinet directive to Dewan Bandaraya Kuala Lumpur (DBKL) to halt approvals for four types of developments.