Airbnb women hosts in Malaysia earn an average of RM5.7k annually
KUALA LUMPUR (March 13): Women hosts on Airbnb make up almost 50% of all hosts in Malaysia, and they earn an average annual income of RM5,793.
Public wants Najib’s trial to start — AG
PUTRAJAYA (March 12): Attorney-General Tommy Thomas told the Court of Appeal yesterday that the prosecution is under public pressure from within and outside the country to ensure that former prime minister Datuk Seri Najib Razak’s criminal breach of trust and money laundering trial begins as soon as possible.
Extending loan tenure to 40 years may not benefit borrowers
PETALING JAYA (March 12): There is talk that the maximum 40-year tenure offered to affordable housing loans may be extended to all mortgages too, as one of the counter measures to address the overhang issue straining the property market now.
KPKT to take action against PPR home owners who rent out their units
PETALING JAYA (March 12): The Housing and Local Government Ministry (KPKT) has reminded home owners and tenants of People’s Housing Programme (PPR) schemes that they are breaking the law if they rent out their units.
Malaysia Pacific Corp to sell Wisma MPL for RM189m
KUALA LUMPUR (March 12): Malaysia Pacific Corp Bhd has signed a sale and purchase agreement to dispose of Wisma MPL in Jalan Raja Chulan for RM189 million to Asia New Venture Capital Holdings Sdn Bhd.
Closely monitor large household debt, IMF tells Malaysia
KUALA LUMPUR (March 12): Malaysia’s financial sector appears resilient with sound profitability and liquidity indicators, as well as low non-performing loans, said the International Monetary Fund (IMF).
227 buyers secured government-linked homes under HOC at Mapex
KUALA LUMPUR (March 11): A total of 227 buyers managed to buy government-linked homes under the Home Ownership Campaign (HOC) at the recently concluded Malaysia Property Expo (Mapex).
KIP Group to open four new malls over the next three years
SUNGAI BULOH (March 11): Property developer KIP Group will add four new shopping malls to its portfolio, bringing the total number to 12 over the next three years.
Rehda’s RM3bil sales target at HOC 2019 ‘too hard to achieve’ - property consultants
PETALING JAYA (March 11): The goal of reaching RM3bil in sales during the course of the six-month Home Ownership Campaign 2019 (HOC 2019) may be difficult to attain, despite the discounts and initiatives offered by government and and developers, say property consultants.
Malaysians still need affordable housing as developers face glut of pricier units: S’pore daily
KUALA LUMPUR (March 9): The housing situation in Malaysia has attracted the interest of folk across the Causeway.
