News about es

KUALA LUMPUR (Oct 14): The Real Estate and Housing Developers’ Association (Rehda) has dismissed claims that a lowering of the threshold for foreigners to buy property from RM1 million to RM600,000 would lead to developers raising their prices, reported Free Malaysia Today.

KUALA LUMPUR (Oct 14): AmInvestment Bank Bhd has maintained its "underweight" call on Gamuda Bhd at RM3.

KUALA LUMPUR (Oct 13): The government says its move to lower the foreign ownership threshold for condominiums and apartments in the city area to RM600,000 from RM1 million is aimed at reducing the oversupply of such units, which stood at RM8.

PETALING JAYA (Oct 12): Eco World Development Group Bhd (EcoWorld) emerged as one of the top developers in the country in just six years but that success was assisted by substantial borrowing, according to a report from The Edge by Liew Jia Teng.

PETALING JAYA (Oct 12): The real property gains tax (RPGT) is still part of the Malaysian property market landscape, but Putrajaya has heeded public opinion and making enhancements by revising the base year of calculation.

PETALING JAYA: Almost a year after the end of a window period for those involved in property management to register themselves with the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP), only one-third of the unregistered property managers have registered.

To have a well-managed and well-maintained property, one would need to have a team of people to run the day-to-day operations of managing the property to ensure that it is always at its optimum.

  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 (OCT 11): Although encouraged by some of the government’s Budget 2020 announcements today that focus on stimulating the property market, the Malaysian Institute of Estate Agents’ (MIEA) immediate past president Eric Lim said overall, Budget 2020 was “slightly below his expectations”.

  KUALA LUMPUR (Oct 11): Finance Minister Lim Guan Eng said the Cabinet has approved the takeover of four highways in the Klang Valley, namely the Shah Alam Highway (KESAS), Damansara-Puchong Highway (LDP), Sprint Highway and the SMART Tunnel.