News about developers

PETALING JAYA (Nov 29): The National House Buyers Association (HBA) advised developers who can't complete their housing projects in time and in accordance with sales contracts to leave the industry, Malaysiakini reported today.

PETALING JAYA (Nov 8): The National House Buyers Association (HBA) criticised the government after the Housing and Local Government Ministry revealed the high number of extensions of time (EOT) approvals given to property developers since 2018, Free Malaysia Today reported today.

  KUALA LUMPUR (Nov 1): S P Setia Bhd clinched the top spot in The Edge Malaysia Top Property Developers’ Awards (TPDA) 2019 last night, marking the fourth consecutive year the company won the spot.

PETALING JAYA (Oct 30): The Selangor branch of Real Estate and Housing Developers’ Association (Rehda) is in favour of the state reducing the threshold price for foreigners buying high-rise properties, and is currently in discussions with the state government, according to its chairman Zulkifly Garib.

  PETALING JAYA (OCT 11): The Real Estate and Housing Developers’ Association Malaysia (Rehda) hopes that more government incentives will be forthcoming to further spur the property market after the Home Ownership Campaign 2019 (HOC 2019) ends Dec 31, 2019.

PETALING JAYA (Sept 26): The Real Estate & Housing Developers' Association (Rehda), which represents over 1,000 members across Peninsular Malaysia, says today property developers remain neutral on market prospects for the rest of 2019 although they show more optimism for 2020 as the industry grapples with more unsold units.

  PETALING JAYA (April 16): The Real Estate and Housing Developers’ Association (Rehda) said the strict conditions imposed by banks on home loan applicants is the biggest hurdle in the property market.

  PETALING JAYA (April 16): More than 17,000 residential units with a total value of more than RM146 million will be on sale at the Klang Valley Home Ownership Campaign - Malaysia Property Expo 2019 (HOC-MAPEX) at the end of this month.

PETALING JAYA: More developers are optimistic about the industry‘s performance and growth in the second half of this year (2H2019) although take-up rates for new launches are expected to remain at 50% and below.

GEORGE TOWN (Jan 30): The issue of oversupply of homes in the country is worsening, and authorities need to take action, especially in the affordable housing category, say developers, The Malay Mail reports that Penang Real Estate and Housing Developers Association (Rehda) chairman Datuk Toh Chin Leong said this was also why the National Home Ownership Campaign was being conducted.