Desa Putra RA upset at DBKL statement over neighbouring high-rise project

PETALING JAYA (Oct 2): The Desa Putra Resident Association’s (RA) are angry and dismayed over Dewan Bandaraya Kuala Lumpur's (DBKL) Planning Department Director Nurazizi Mokhtar’s claim that there is no need for residents to be given the documents related to the proposed 46-storey high rise project that will be built less than 10 meters away from the condominium.

READ MORE

Home prices can come down if certain issues addressed, say developers

SERI KEMBANGAN (Oct 2): While the government is asking property developers to lower home prices following the Sales and Service Tax (SST) exemption on construction services and building materials, industry players said lower prices can be achieved if issues such as labour shortage and the lofty compliance and development costs are addressed.

READ MORE

UEM Sunrise to study SST waivers impact on property prices

KUALA LUMPUR (Oct 2): UEM Sunrise Bhd is studying if it is even possible to reduce property prices thanks to exemptions on certain construction materials and services from the Sales and Service Tax (SST) on property prices as any savings may be offset by the rise of other construction costs.

READ MORE

JPPH proposes Housing Price and Cost Control Committee

PETALING JAYA (October 1): The Valuation and Property Services Department (JPPH) has come up with a suggestion to keep house prices in check — by establishing a Housing Price and Cost Control Committee, to monitor costs involved in housing developments.

READ MORE