Know the transaction costs and taxes when buying property overseas
PROPERTY transaction costs and taxation are becoming increasingly important considerations for investors.
Looking better but Kota Damansara flats still have long way to go
KUALA LUMPUR (Feb 15): Much has been done in a year to improve conditions at the Kota Damansara low-cost (PPR) flats in Petaling Jaya, Selangor.
Bank Negara urged to be lenient with low-cost housing loans
KUALA LUMPUR (Nov 27): Urban Wellbeing, Housing and Local Government Minister Datuk Seri Abdul Rahman Dahlan is in the midst of engaging Bank Negara Malaysia (BNM) to be more lenient with the loan approval requirements for low-cost houses built by the government.
Penang seeks explanation for proposed price hike on low cost homes
GEORGE TOWN (Nov 25): The Penang government is seeking clarification from the Urban Wellbeing, Housing and Local Government on its plan to increase the prices of low cost (LC) and low-medium cost (LMC) homes.
Budget reaffirms federal capital’s commitment to public housing
KUALA LUMPUR (Nov 20): Kuala Lumpur City Hall has allocated more than RM201 million for public housing in its 2016 budget.
Penang Rehda: 'Buyers today are saying: "Wow, your price is so high, we cannot buy’."
The Penang Real Estate and Housing Developers Association (Rehda) has called on the state government to look into development charges and various requirements imposed on developers and the industry in view of declining property sales.
Increased costs of high-end projects
KUALA LUMPUR (Sept 14): Most property developers are glad that the weakening ringgit has minimal impact on their development costs, but high-end projects which have more imported building materials, may be affected.
