News about ho

PETALING JAYA (Oct 6): There is a risk of a housing bubble if two key issues are unattended – namely the property glut in the higher-end segment and rising home prices, said Minister of Finance II Datuk Seri Johari Abdul Ghani.

KLANG (Oct 6): Property developer Mitraland Group Sdn Bhd is set to launch its first smart homes — the 31-storey Andaman Residences serviced apartment — in its mixed-use development Gravit8 in Klang around mid-November.

MELBOURNE (Oct 6): Employees Provident Fund Malaysia (EPF) is looking at investing in more logistics assets to generate long-term stable yield to the company, said its CEO Datuk Shahril Ridza Ridzuan.

KUALA LUMPUR (Oct 6): Three public-listed companies, namely Sunway Construction Group Bhd (SunCon), Gabungan AQRS Bhd and WCT Holdings Bhd bagged contracts with a combined value of RM3.

PETALING JAYA (Oct 5): In order to predict what homes will be most popular in the future, you need to look into what kinds of homes that future occupants and buyers would want.

PETALING JAYA (Oct 5): Forest City in Johor will not suffer from low occupancy in the long term, owing to the incoming high-speed rail and the job opportunities being created within the region, said Country Garden Pacificview Sdn Bhd president and chief strategy officer Dr Yu Runze.

PETALING JAYA (Oct 5): With the current slowdown state of the property market, what kind of products are the market looking for? UEM Sunrise CEO and managing director, Anwar Syahrin Abdul Ajib noted that 2-3 storey terraced homes are still in high demand and the most transacted in the region of Klang Valley and Johor.

MELBOURNE (Oct 5): Melbourne Square, a joint-venture development between OSK Property Holdings Bhd and the Employees Provident Fund (EPF) Malaysia, will begin its groundwork in November this year and the first phase is slated to complete by end-2020.

PETALING JAYA (Oct 5): Developers who are not able to deliver their residential projects on time may request for an extension of an additional 12 months from the original 36 months, provided no sale and purchase agreement has been signed, said Minister of Urban Wellbeing, Housing and Local Government Tan Sri Noh Omar.

PETALING JAYA (Oct 5): There must be a collaboration between the public and private sector to drive Industrialised Building System (IBS) usage, said Asian Strategy & Leadership Institute (ASLI) chairman Tan Sri Dr Jeffrey Cheah in response to the government urging property developers to adopt the technology.