EdgeProp Research: Price for semidees in Damansara Heights remained steady
The first nine months of 2020 saw a total of nine bungalows, five semidees and five condominiums change hands.
Isa Samad, Emir the ones behind proposal to buy luxury condos at centre of FGV suit against them, witness claims
KUALA LUMPUR (Sept 26): Tan Sri Mohd Isa Abdul Samad and Datuk Mohd Emir Mavani Abdullah were the ones who initiated the proposal that FGV Holdings Bhd acquire two luxury condominiums at The Troika, Persiaran KLCC, the High Court was told yesterday.
Budget 2020: Lower threshold for foreign purchases
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.
Tesco is planning property venture, says report
KUALA LUMPUR (Oct 27): UK-based retailer Tesco Stores (M) Sdn Bhd plans to venture into property development, reported The Edge Malaysia in its latest issue.
KL city centre's tight leasing market pushing owners to short-term rentals
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.
E&O at VPEX 2018
Eastern and Oriental Bhd Wayne Wong Eastern and Oriental Bhd (E&O) senior general manager group marketing and sales “We expect the cautious optimism of the property market in Malaysia to continue as market players adjust to the new operating environment.
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.
Johari: No U-turn in approval freeze on luxury property projects
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.
Rehda to issue press statement tomorrow on DBKL approval freeze
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.
